Nestled in the picturesque Ararimu Valley, just a stone's throw from Kumeu, this 8.3 hectare equestrian or lifestyle property boasts a stunning 4-bedroom residence. Constructed in 2000 with brick walls and tiled roofing, the property presents a floor area of 254 square meters and is complemented by a single car park. The freehold status ensures full ownership rights. Notably, the property has seen a Capital Value (CV) increase of 9.18% from $2,450,000 in 2017 to $2,675,000 as of June 2021. The latest sale history is impressive, with a transaction of $2,700,000 in October 2024, up from $2,200,000 in September 2016. The HouGarden AVM estimates the property's value at $2,635,000. The property's wall and roof conditions are both in good standing, and the land has an easy to moderate fall, perfect for the discerning buyer or investor.
When it comes to the government's valuation and the property's market potential, the numbers speak for themselves. The CV growth is a testament to the property's increasing worth. Moreover, the property's location within a quiet cul-de-sac adds to its appeal, ensuring privacy and tranquility.
For families with school-aged children, the property falls within the zones of Kaipara College (Decile 7), Waimauku School (Decile 10), and St Paul's School (Massey) (Decile 4). These schools offer a range of educational opportunities, making this property an attractive option for those considering a move to the area.
Updated on November 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.63 km | 3 | 121m2 | Year 2024 Month 10 Day 14 | $1,430,000 | Council approved | ||
 | 4.27 km | 5 | 2 | 308m2 | Year 2024 Month 10 Day 11 | $1,850,000 | Council approved | |
2.85 km | 0m2 | Year 2024 Month 09 Day 10 | $760,000 | Council approved | ||||
 | 1.66 km | -m2 | Year 2024 Month 08 Day 16 | - | Council approved | |||
 | 4.27 km | 5 | 3 | -m2 | Year 2024 Month 07 Day 01 | $1,665,000 | Council approved |