**Important: Visit oliverroad.com or the direct link below for information about this property (including floor plans, more photo/video content, etc)**
Direct Link: https://olvrd.nz/42cen
Address: 42 Central Park Avenue, Lake Hayes, Queenstown
Collection: Autumn '26 | Lakes Collection
Status: New Listing | Stand-down Period (no offers before) 20 May 2026
List Price: 5,325,000 NZD
Viewing: Open Saturday 2 May 10:30am - 11:30am
Video and private tours available on request
There is a particular rhythm to life on the north shore of Lake Hayes. A morning lap of the loop track, coffee in Arrowtown just six minutes away. An afternoon admiring - or even out on - the water; a drive or e-bike through Gibbston for a bottle of Pinot. All the while, the Remarkables, Crown Range, and Coronet Peak sit quietly around you, waiting for your adventurous side to come out and play.
42 Central Park Avenue sits within this setting, positioned on a 4,000sqm lifestyle lot in one of the basin's most tightly held pockets.
The four-bedroom home is a single-level pavilion designed by architect M J Wyatt, originally completed in 1998. Under the current owners, it has just undergone a comprehensive 2025-2026 refit, with more than a million dollars invested. Highlights include a bespoke Formatt kitchen in warm charcoal timber with Corian benchtops, entirely new bathrooms, Haro engineered oak flooring through the living wing, and 60oz Feltex wool carpet in the bedrooms. A multi-zone Daikin VRV ducted heat pump system has been added, while the original fireplace remains for atmosphere.
Outside, the northern park-like garden has been opened up around a new 10m x 4m sprayed concrete pool, finished with glass and steel fencing, striking sandstone paving, and new planting that integrates with established trees and the existing fruit orchard. A height covenant on the southern boundary protects the outlook to the lake and the Remarkables beyond.
Lake Hayes is increasingly recognised as an address that holds its value. Property changes hands slowly here; the lake and loop track are a central part of daily life, and this private cul-de-sac lane means traffic is non-existent. With Arrowtown just six minutes away, Queenstown Airport 10-15, and the CBD not much further, this is a setting that rarely comes to market, with a stylishly renovated home ready for part or full-time living.
Direct Link: https://olvrd.nz/42cen
