For Sale

559 Peninsula Road, Kelvin Heights, Otago

Enquiries Over $7,000,000

3
1
4
220 m²
2663 m²

House

30+ days on the market

What's around 559 Peninsula Road

Last Waterfront Development Site in Kelvin Heights

Positioned in one of Kelvin Heights' most sought-after pockets, this exceptional lakeside offering delivers an enviable lifestyle just moments from the very best of the peninsula. Set above the Bayview Reserve, you'll enjoy direct access to open green spaces, the jetty, and a family-friendly playground, all right on your doorstep. Whether it's morning walks along the lake, afternoons by the water, or launching the boat for a day on Lake Wakatipu, this location makes it effortless. Bathed in sunshine and capturing stunning lake views, the property combines privacy with connection, a rare balance in such a tightly held area. With generous proportions and outstanding potential, it's perfectly suited for those looking to build, landbank, or create a remarkable permanent or holiday home. - Large 2663m² (+/-) lakeside residential site - North-facing with excellent sun and views over Lake Wakatipu - Potential to subdivide into multiple sites subject to consent - Directly adjoins esplanade reserve and recreation reserve Just a short drive to Frankton and Queenstown Airport, yet feeling a world away, this is a lifestyle opportunity that truly delivers on location, outlook, and future potential. Deadline Sale (Unless Sold Prior) Wednesday 20th May 2026, 12pm

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