Nestled at the serene end of Sumner Esplanade in the highly coveted Christchurch suburb, this charming freehold bungalow on 508 square meters of level land offers a beachfront lifestyle like no other. With 3 bedrooms, 2 carparks, and a generous 120 square meters of floor area, the property boasts roughcast walls and an iron roof, both in good condition, reflecting the sturdy construction of its 1920 era. The capital value has seen an impressive increase of 68.75% from $960,000 in 2019 to the current $1,620,000. The HouGarden AVM estimates the property at $1,528,500, while the latest sale in 2022 fetched $1,650,000, showcasing the property’s consistent growth and appeal.
History shows a sale in 1994 for $212,500, highlighting the long-term investment potential. The property is zoned for top-rated schools, including Sumner School with a decile of 10, Middleton Grange School at 9, and Hillview Christian School at 7, ensuring an excellent education for the family. The open-plan living spaces, ocean-view upstairs room, and a well-tiled family bathroom with a walk-in shower create a perfect blend of comfort and style, while the mature garden and private brick patio provide serene spots for relaxation.
With easy access to Scarborough Park, the beach, and the vibrant Sumner Village, this property is not just a home but a coastal retreat that promises a peaceful life by the sea, making it an ideal choice for families or developers seeking prime beachfront real estate.
Updated on November 13, 2024