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42 Main Road, Luggate, Wanaka

Deadline Sale 18 Dec 2025 (unless sold prior)

3

1

160m²

1,027m²

Luggate Gem Full of Potential

If you're a first home buyer, builder, tradie, or savvy investor looking for your next exciting project, this property should be at the top of your list. Bursting with character and packed with potential, this home is the perfect canvas for anyone ready to roll up their sleeves and add serious value. Set on an elevated site with sweeping mountain views, it delivers that classic Central Otago charm with plenty of upside still to uncover.

Step inside and you'll find a spacious open-plan living area that invites creativity and clever upgrades. The striking mezzanine floor offers extra flexibility - think office, studio, retreat, or additional sleeping space. With three bedrooms, one main bathroom, plus separate toilet, the layout already works well, but for a home owner with vision? The opportunities are endless.

Rustic features run throughout, giving the home a warm, welcoming feel and a unique personality that's increasingly hard to find. Restore the charm, modernise the spaces, or redesign entirely - whatever your skillset, this property rewards those who know how to see potential where others might not.

Whether you're after a smart investment, a holiday base, or a permanent home with possible equity gains for the future, this property ticks the boxes. The owners are motivated, committed, and ready to see it sold - making this a standout opportunity in a market where good value moves fast.

You'd better hurry - with this much potential, this one won't stick around for long. More photos available soon.

Deadline Sale 18 Dec 2025 (unless sold prior)

Additional details

Type

House

Property ID

WQ25494

Listed on

27/11/2025

Updated

5 days ago

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 11 days (last updated on 27 November) and was last sold in 2018 for $599,000. OneRoof now estimates this property to be $940,000 and its latest rating valuation by Wanaka council is $900,000 as of 2024. There are 3 3-bedroom properties for sale nearby. There are 26 properties for sale in Luggate.

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Property data

Broadband available

Floor area

160m²

Land area

1,027m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Luggate, Wanaka

Luggate is located on State Highway 6 between Wanaka and Cromwell, near the junction with State Highway 8A, approximately 15 km from the Wanaka township, just past Wanaka Airport.Luggate provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 2010 - 2019.Residential housing stock in Luggate is made up of approximately 88% residential housing , 2% residential investment housing and 10% lifestyle properties.

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