18 Cave Terrace, Redcliffs, Christchurch

Nestled on an exclusive lower slope in Moncks Bay, 18 Cave Terrace presents a serene and picturesque dwelling that has graced the market after a span of over two decades. This stately home,originating from the 1920s, boasts an unparalleled location that affords privacy, sun-kissed living, and tranquility with panoramic views of the estuary, ocean, and Barnett Park. It has undergone significant renovations in 1999 by the renowned Bruce Banbury and Ingrid Geldof, with subsequent enhancements in 2016, blending its timeless wooden charm with modern conveniences. It features a thoughtfully designed layout with 3 bedrooms, 2 bathrooms, and a master retreat on the top floor that boasts inspiring vistas and a luxurious ensuite and walk-in wardrobe. The residence is enhanced by two generous living areas that open up to north-facing decks, creating an effortless flow and a relaxed ambiance. The beautifully landscaped terraced garden complements the home's allure. With extensive double glazing, heat pumps, and insulation, this freehold property sits on a 433sqm land with a double garage and additional parking. The property's Capital Value (CV) has seen a growth of 46.05% from $760,000 in 2019 to $1,110,000 as of 2022, with a HouGarden AVM estimate of $1,082,500. The latest sale was in 1999 for $268,000. It falls within a desirable school zone, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Te Raekura Redcliffs School (Decile 10), and more. This is an opportunity not to be missed for couples seeking to put down roots in a highly coveted Redcliffs setting.

Updated on August 22, 2024