Nestled in the serene Stanmore Bay, this meticulously renovated four-bedroom, one-bathroom residence at 1/16 Penton Road is a gem on a cross-lease title. Constructed in 1988 with iron roofing and fibrous cement walls in good condition, the property boasts a floor area of 124 square meters and sits on a site with an easy/moderate rise contour. The capital value has seen a 30.3% increase from $660,000 in 2017 to $860,000 as of June 2021. The latest sales were in 2013 for $447,000 and 2004 for $245,000, while the HouGarden AVM estimates it at $800,000. This home, with its ocean-inspired decor, high-spec fittings, and private entertaining area, is perfect for families, especially with its proximity to the well-rated Stanmore Bay School (decile 8) and Whangaparaoa College (decile 9).
Notably, the property features an open-plan living and dining area upstairs, which leads to a private wraparound deck, while downstairs offers additional living space and bedrooms. The bathrooms are beautifully renovated with floating vanities and a standalone bathtub. Each bedroom has wardrobes, with the downstairs master enjoying a walk-in robe. The fenced backyard ensures safety for children and pets, and the double glazing with heat pumps provides comfort year-round. This property is not just a home but an investment in a lifestyle, with the convenience of local shops, supermarkets, and easy access to the motorway.
For those seeking an excellent school zone, this property is in the catchment area of Stanmore Bay School and Whangaparaoa College, both known for their high standards and decile ratings. This is an opportunity not to be missed in the sought-after Stanmore Bay area.
Updated on May 10, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $940,000 | -10.5% | 4 |
2022 | $1,050,000 | 1.9% | 5 |
2021 | $1,030,000 | 39.2% | 16 |
2020 | $740,000 | -2.6% | 5 |
2019 | $760,000 | 9.4% | 3 |
2018 | $694,625 | -26.1% | 10 |
2017 | $940,000 | 49% | 2 |
2016 | $631,000 | 50.2% | 10 |
2015 | $420,000 | -27.6% | 2 |
2014 | $580,000 | - | 13 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 4 | 2 | 247m2 | 2024年03月19日 | $1,212,000 | Council approved | |
 | 0.28 km | 2 | 120m2 | 2024年03月02日 | $752,000 | Council approved | ||
 | 0.03 km | 4 | 1 | 131m2 | 2024年02月01日 | $930,000 | Council approved | |
0.22 km | 3 | 1 | 91m2 | 2024年01月20日 | $915,000 | Council approved | ||
 | 0.23 km | 3 | 1 | 85m2 | 2024年01月11日 | $780,000 | Council approved |