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Back 57 Penzance Road
Off Market

57 Penzance Road

Mairangi Bay Auckland

5
2
2
212 m²
1045 m²
House
Michael GladdingMichael Gladding, last sold this property on 14 July 2026 after 54 days on market.

Overview

PRICED BELOW CV - BAY'S BEST 5-BED OPPORTUNITY?

57 Penzance Road, Mairangi Bay presents a rare and exciting opportunity to secure a substantial family home on a full freehold site in one of the North Shore's most sought-after coastal suburbs. Offering five bedrooms, two bathrooms, and endless potential, this is the kind of property buyers wait years to find. Positioned on a generous parcel of land, this home is undoubtedly one of the best renovation projects currently available in Mairangi Bay. Whether you're looking to renovate, modernise, add value, or completely transform the property into a standout family residence, the possibilities here are exceptional. Forget the CV - this is an opportunity driven by location, land, layout, and potential. Astute buyers, builders, investors, and families alike will immediately recognise the value on offer. With strong bones, significant scale, and an unbeatable address, this may quite possibly represent the best value five-bedroom home ever sold in Mairangi Bay. Enjoy the lifestyle that comes with this premium coastal location, just moments from beautiful beaches, excellent schools, local cafes, shops, and easy motorway access. Opportunities like this are incredibly rare. Bring your vision, roll up your sleeves, and unlock the true potential of this remarkable property. http://rwmairangibay.co.nz/MRG34388

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
212 m² floor area
1045 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Mairangi Bay over the last 12 months, the estimated median property value of 57 Penzance Road is $2m.

Median value
$2m
Estimated value range
$1.28m - $3.6m
Median days on market
26
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mairangi Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 57 Penzance Road

2026
Sold
Undisclosed
14 Jul 2026 by Michael Gladding, of Ray White Mairangi Bay & Milford

Happy sellers in Mairangi Bay

58%
58% of sellers in Mairangi Bay reported that their sale price either exceeded or met their price expectations.

Mairangi Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 61 reviews in Mairangi Bay over the last 12 months.

Local market activity for 5 bedroom houses in Mairangi Bay

In the last 12 months, 16 five-bedroom houses similar to 57 Penzance Road, have been sold.

This represents a 70% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mairangi Bay

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Nadja Court

Sellers who recommend Nadja Court have praised them for being local expert, clear communication, reliable, supportive, honest, well-prepared and hard-working

  •   4.9   (148 reviews)
  •  5 Reviews in Mairangi Bay
  •  8 Sales in Mairangi Bay
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Kris Cunningham

Sellers who recommend Kris Cunningham have praised them for being clear communication, local expert, strategic, honest, well-prepared, great team and supportive

  •   5   (165 reviews)
  •  5 Reviews in Mairangi Bay
  •  2 Sales in Mairangi Bay
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Shane Coote

Shane Coote is an award winning recommended agent for Mairangi Bay.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   5   (302 reviews)
  •  4 Reviews in Mairangi Bay
  •  4 Sales in Mairangi Bay
View profile
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Therese Leslie

Therese Leslie is a recommended agent for Mairangi Bay.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (64 reviews)
  •  3 Reviews in Mairangi Bay
  •  2 Sales in Mairangi Bay
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