7 Drift Bay Road, Wye Creek, Queenstown Lakes

Nestled in a prime location on the shores of Lake Wakatipu, Queenstown, this residence seamlessly blends modern architecture with the beauty of a native bush environment. Designed by the renowned architects KerrRitchie, this distinguished five-bedroom home has garnered significant national and international acclaim from the media. Its bold yet timeless modernist design harmoniously integrates with the surrounding landscape. Originally conceived to meet the needs of the architects' own family of five, this house marries functionality with architectural excellence. The interior has been thoughtfully planned, offering open and light filled spaces, while also providing cozy corners for moments of solitude. The northwest wing of the house accommodates the family living quarters, featuring four bedrooms and two bathrooms on the upper floor, with generous living and dining areas below. The layout of the house facilitates both indoor and outdoor entertainment, with a seamless flow between spaces. On chilly winter nights, the snug TV room with a wood-burning fireplace becomes a cherished retreat. Separated by the entrance way, the opposite wing of the house includes a guest bedroom, bathroom, and a sauna for relaxation. A spacious work-studio area occupies the remainder of the structure, which could easily be converted into an additional bedroom or living space. The design of the house pays homage to its stunning surroundings, acknowledging the grandeur of the Remarkables mountain range in the backdrop and, of course, the mesmerising views across the lake towards Cecil Peak Station. Wye Creek area is renowned among locals for its abundant sunshine, making it one of the sunniest spots in the Wakatipu Basin. Just a short 10-minute drive from the town centre and the airport, the property offers breathtaking night time vistas across the lake, encompassing the lights of Queenstown. It's worth noting this remarkable residence was a proud winner of the Residential Category at the NZ Architecture Awards in 2008.

From its initial government valuation (CV) of $2,610,000 in July 2017, the property has experienced a significant appreciation, reaching a CV of $4,410,000 by September 2019, marking a 68.97% increase. This growth trajectory is further underscored by its latest sale price of $6,500,000 on January 30, 2024, a testament to its exceptional value and appeal. The HouGarden AVM currently estimates the property's value at $4,225,000.

Located within the school zone of Te Kura Whakatipu o Kawarau, a Full Primary school with a decile rating of 0, this property offers an excellent educational opportunity for families. The unique combination of architectural distinction, prime location, and educational accessibility makes this residence an unparalleled choice for discerning buyers.

Updated on April 06, 2024.