5 Stout Terrace, Cromwell, Central Otago, Otago

5 Stout Terrace, Cromwell, Central Otago, Otago | Tall Poppy

Lake View Home & Income

5 Stout Terrace, Cromwell, Central Otago

Bedrooms

6

Bathrooms

3

Floor area

342m2

Land area

4000m2

Deadline Sale

12:00 pm - 1 July 2026

(This property can be sold prior)

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Updated an hour ago

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This property has just come on the market

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  • Sat 6 Jun 2:30 pm - 3:00 pm

Saturday

6

June

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About this property

Commanding impressive mountain and lake views, this substantial dual-living property delivers the ultimate in flexibility for modern family living. Whether you are searching for a luxurious home that also helps pay the mortgage, or space for extended family that still affords them independent living, this is an opportunity that demands attention. Forget previous pricing – the vendors are highly motivated and ready to see a sold sign.

The main residence, a substantial four-bedroom, two-bathroom home, has an open plan kitchen, living and dining area designed for both relaxed family living and effortless entertaining. Positioned at the north-facing end of the home, the dining and lounge spaces are perfectly orientated to capture the beautiful lake views and natural sunlight throughout the day and have excellent indoor-outdoor flow to the front patio with its gorgeous outdoor fireplace and BBQ area. The large white kitchen enhances the light-filled interior and features a huge island bench, quality appliances, plentiful storage and a walk-in pantry. It offers four generous double bedrooms, all with built-in wardrobes, including a spacious primary suite complete with external access, walk-in wardrobe and ensuite. A well-appointed family bathroom with separate shower, bath and W.C. services the remaining bedrooms, while year-round comfort is ensured with a heatpump, log burner and heat transfer system.

Adjoining the main home is a fully self-contained two-bedroom residence, ideal for guests, extended family, tenants or short-term accommodation. There is a separate office or nursery, a full-size kitchen with all the mod cons and plentiful storage, a light filled living and dining area which also benefits with great views. It has its own heatpump and log burner as well as a separate laundry.

Outside, elegant, manicured grounds frame exceptional outdoor entertaining spaces for both homes, with abundant parking and double garaging for each home as well as room for everyone to enjoy. The elevated position maximises the outlook, while direct access to the lake and the popular Dunstan Cycle Trail further enhances the lifestyle appeal of this exceptional property.

Properties with this level of versatility, scale and income potential are incredibly hard to find. Perfectly suited to multi-generational living, holiday home buyers or savvy purchasers wanting flexibility for the future, this is a home designed to adapt to your lifestyle while offering incredible value in today’s market.

Motivated vendors are committed to a result, making now the time to act. Contact Keeley or Niki to arrange a private viewing or go to www.tallpoppy.co.nz to download the full information pack or make an offer.

For Sale by Deadline – Closes Wednesday 1st July, 12pm (Unless Sold Prior)

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Key selling points

  • 342m2
  • 4 car garages
  • 10 parking spaces

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About this property

Year Built
2019
Improvement Valuation (IV)

$1,650,000

Land Valuation (LV)

$1,250,000

Rateable Value (RV)

$2,900,000

Rates

$6,136.86

Off street parking

10

Water Supply

Town

Sewage

Mains

Cylinder Pressure

Mains

Foundations

Concrete Slab

Glazing

Double Glazed

Joinery

Aluminium

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