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42 Central Park Avenue, Lake Hayes, Queenstown

$5,325,000

4

2

281m²

4,000m²

Central Park

**Important: Visit oliverroad.com or the direct link below for information about this property (including floor plans, more photo/video content, etc)**

Direct Link: https://olvrd.nz/42cen

Address: 42 Central Park Avenue, Lake Hayes, Queenstown

Collection: Autumn '26 | Lakes Collection

Status: New Listing | Stand-down Period (no offers before) 20 May 2026

List Price: 5,325,000 NZD

Viewing: Video and private tours available on request

There is a particular rhythm to life on the north shore of Lake Hayes. A morning lap of the loop track, coffee in Arrowtown just six minutes away. An afternoon admiring - or even out on - the water; a drive or e-bike through Gibbston for a bottle of Pinot. All the while, the Remarkables, Crown Range, and Coronet Peak sit quietly around you, waiting for your adventurous side to come out and play.

42 Central Park Avenue sits within this setting, positioned on a 4,000sqm lifestyle lot in one of the basin's most tightly held pockets.

The four-bedroom home is a single-level pavilion designed by architect M J Wyatt, originally completed in 1998. Under the current owners, it has just undergone a comprehensive 2025-2026 refit, with more than a million dollars invested. Highlights include a bespoke Formatt kitchen in warm charcoal timber with Corian benchtops, entirely new bathrooms, Haro engineered oak flooring through the living wing, and 60oz Feltex wool carpet in the bedrooms. A multi-zone Daikin VRV ducted heat pump system has been added, while the original fireplace remains for atmosphere.

Outside, the northern park-like garden has been opened up around a new 10m x 4m sprayed concrete pool, finished with glass and steel fencing, striking sandstone paving, and new planting that integrates with established trees and the existing fruit orchard. A height covenant on the southern boundary protects the outlook to the lake and the Remarkables beyond.

Lake Hayes is increasingly recognised as an address that holds its value. Property changes hands slowly here; the lake and loop track are a central part of daily life, and this private cul-de-sac lane means traffic is non-existent. With Arrowtown just six minutes away, Queenstown Airport 10-15, and the CBD not much further, this is a setting that rarely comes to market, with a stylishly renovated home ready for part or full-time living.

Direct Link: https://olvrd.nz/42cen

Additional details

Type

House

Property ID

RX5078322

Listed on

24/04/2026

Updated

2 days ago

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 3 days (last updated on 24 April) and was last sold in 2023 for $3,700,000. OneRoof now estimates this property to be $3,900,000 and its latest rating valuation by Queenstown council is $3,700,000 as of 2024. This property has appeared in 22715 searches in the last 30 days. There are 5 4-bedroom properties for sale nearby. There are 17 properties for sale in Lake Hayes.

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4

3

2

Property data

On OneRoof

3 days

Property Type

House

Floor Area

280m²

Land Area

4,000m²

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