11 Teal Place, Lake Hawea, Queenstown Lakes

Located at 11 Teal Place, Lake Hawea, Queenstown Lakes, this stunning property offers a serene lifestyle with its sunny, north-facing position and breathtaking mountain views. Built in 2019, the residence sits on a spacious 862sqm freehold section, boasting a level contour and is privately nestled down a quaint cul-de-sac. The home features three generous bedrooms, a spacious open-plan living, kitchen, and dining area with great indoor/outdoor flow to the landscaped garden and verandah. The kitchen is well-appointed with ample benchtop space and a central island, perfect for entertaining. Additional amenities include a family bathroom, separate laundry, and a double garage with both internal and external access. The property's wall construction is wood, and the roof is made of iron, both in good condition.

The property has seen a significant increase in capital value, from $610,000 in July 2017 to $910,000 in September 2021, marking a 49.18% increase. The latest HouGarden AVM estimates the property's value at $897,500. It has recently been sold twice, both times for $1,135,000, first in January 2023 and then in February 2024. This demonstrates the property's strong market appeal and investment potential.

For families, the property is zoned for Hawea Flat School, which is a contributing school with a top decile rating of 10, ensuring excellent educational opportunities. Located just 2.2km (approx) from the shimmering shores of Lake Hawea and 17.5km (approx) from central Wanaka, this property offers the perfect balance between tranquil living and access to local amenities and recreational activities.