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295I Waikawa Road, Picton, Marlborough

Name: Open Home - 12:00pm - 12:30pm
Start: 2026-08-30T00:00:00.000Z
End: 2026-08-30T00:30:00.000Z
Location: 295I Waikawa Road

By Negotiation

3

2

1

150m²

Being Sold "As Is, Where Is"

Here's an opportunity for buyers looking for a project in a superb Waikawa location.

Built in the late 1990s, this substantial 150 sqm, three-bedroom, two-bathroom home enjoys a sunny, light-filled position within the popular community of Elsmore Mews. The property also offers an internal-access garage, off street parking and plenty of space and potential.

Residents enjoy a close entry to the Waikawa Estuary, with a walkway across the Waikawa Stream providing easy access to the Marina. The local pub and restaurant are within walking distance, while bush walks and the beautiful Marlborough Sounds are right on your doorstep.

Just a five-minute drive away, Picton is a delightful holiday town and the gateway to the stunning Marlborough Sounds.

Importantly, this property is being sold "As Is, Where Is." Maintenance has been deferred over the years, and a recent Builders Report has identified issues requiring remediation. The family are realistic about the work involved and recognise that this property will be a project.

For the right buyer however, this represents an exciting opportunity to secure a substantial home in a sought-after location and create something special.

If you're prepared to roll up your sleeves and take on a project, this one is well worth a look.

Come and see the potential for yourself!

https://rwblenheim.co.nz/

Additional details

Type

House

Property ID

PCN30463

Listed on

27/08/2026

Updated

13 hours ago

Open Homes1

Sun, 30 Aug

12:00PM - 12:30PM

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OneRoof mentions

Listed for sale on OneRoof for 2 days (last updated on 27 August) and was last sold in 1992 for $138,000. OneRoof now estimates this property to be $715,000 and its latest rating valuation by Marlborough council is $700,000 as of 2023. There are 24 3-bedroom properties for sale nearby. There are 79 properties for sale in Picton.

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Property data

On OneRoof

1 days

Property Type

House

Floor Area

150m²

Decade Built

1990s

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Time (yrs)

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Picton, Marlborough

Picton is a suburb which lies within the Territorial Authority of Marlborough, one of 36 residential suburbs which form the wider region. Picton is the 5th largest suburb of Marlborough in terms of the total number of residential housing stock. Picton provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Picton is made up of approximately 93% residential housing , 3% residential investment housing and 4% lifestyle properties.

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