Back 640 Portobello Road
Off Market

640 Portobello Road

Company Bay Otago

3
2
2
200 m²
1.79 ha.
House
Alice MunroAlice Munro, last sold this property on 19 August 2025 after 279 days on market.

Overview

Escape the city! Idyllic home with lifestyle land.

"This stunning architect-designed Mason and Wales residence is now priced to sell, offering exceptional value for its sought-after Peninsula location, expansive landholding, well appointed features. Positioned to capture breathtaking panoramic harbour views, this private retreat offers ever-changing scenery, from Taiaroa Heads to Port Chalmers, with passing ships adding to the picturesque outlook. After nearly 30 years, the vendors have made the decision to move on—this is your opportunity to secure a truly rare lifestyle property! A Premium Landholding in an Unbeatable Location 1.7924 ha of sheltered, low-maintenance land, covered in regenerating native bush, heritage apple trees, and mature pines. Unparalleled privacy and tranquility, tucked away on the northern side of Grassy Point, offering complete shelter from southerly winds and all-day sun. Expansive harbour views, creating a stunning natural backdrop to this exceptional property. Immaculately Designed Home – First Time on the Market in Almost 30 Years! Spacious and Functional Living: Modern kitchen with open-plan dining area flowing seamlessly to the lounge and outdoor patio. Three generously sized bedrooms, including a master with ensuite. A separate bathroom and laundry for added convenience. Two versatile utility rooms above the double garage with internal access—ideal for extra storage, office, or hobby space. Designed for Comfort and Efficiency: Underfloor heating, Yunca wood burner, and double glazing for warmth and energy efficiency. Recently painted exterior, ensuring long-term durability. Versatile Additional Building: A large, separate shed that could serve as an extra garage, workshop, or potential conversion to suit your needs. A Rare Lifestyle Opportunity – Act Now! This exceptional property represents a once-in-a-lifetime opportunity to own a private, sun-filled retreat in one of the Peninsula’s most desirable locations. There is ample space for further development, allowing you to create the ultimate lifestyle sanctuary. The vendors are serious about selling, with unbeatable value at offers over $1,200,000, this is your chance to secure a premium lifestyle estate.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
200 m² floor area
1.79 ha. lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Company Bay over the last 12 months, the estimated median property value of 640 Portobello Road is $1.1m.

Median value
$1.1m
Estimated value range
$920k - $2.1m
Median days on market
51
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Company 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 640 Portobello Road

2025
Sold
Undisclosed
19 Aug 2025 by Alice Munro, of Bayleys Dunedin

Happy sellers in Company Bay

54%
54% of sellers in Company Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Company Bay over the last 12 months.

Local market activity for 3 bedroom houses in Company Bay

In the last 12 months, 4 three-bedroom houses similar to 640 Portobello Road, have been sold.

This represents a 66% decrease in three-bedroom houses sales when compared to the previous 12 months.

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