39 Melmore Terrace, Cromwell, Central Otago, Otago

A luxury home with water and mountain views is impressive. A luxury home with water and mountain views that can also generate income year-round is exceptional. Positioned on Melmore Terrace, this contemporary residence has been designed for buyers seeking an effortless lock-and-leave lifestyle without compromising on comfort, quality or investment potential.

Designed to maximise both comfort and the spectacular outlook, the home's upper level is dedicated to effortless living and entertaining. The light-filled open-plan kitchen, dining and living area is framed by striking raked ceilings that enhance the sense of space, while expansive glazing creates postcard views from the kitchen, bedrooms and deck. The contemporary kitchen is beautifully appointed with generous storage and preparation space and comes with fridge and wine fridge.

Three generous bedrooms and three beautifully finished bathrooms, each featuring tiled showers, provide exceptional comfort and privacy for both family and guests. The luxurious main bathroom boasts a freestanding bath, providing the perfect place to unwind after a day on the lake, ski slopes or local cycle trails. A gas fire and heat pump ensure year-round comfort, while the home has the option to be sold fully furnished with everything you need to move straight in or begin welcoming guests immediately.

The south facing deck allows a sheltered viewpoint to enjoy snippets of the lake beyond the reserve. On the opposite side of the home, a private north-facing courtyard is the perfect setting for entertaining in every season. Finished with artificial turf, the outdoor space is beautifully low maintenance, designed for those who value lifestyle over maintenance. A double internal-access garage is complemented by additional off-street parking, offering plenty of space for vehicles and visiting guests without the burden of extensive upkeep.

Adding exceptional value is the property's highly sought-after 365-day Visitor Accommodation consent—a rare opportunity that allows you to generate premium income when you're not using the home yourself. Whether you're looking for a luxury holiday home that works for you year-round, an Airbnb investment, or an elegant permanent residence in a blue-chip location, this property offers a level of flexibility that is increasingly difficult to find.

To receive a property pack, visit www.tallpoppy.co.nz and select "Request Property Pack" on the listing to instantly access the available property documentation, including the Title, LIM and Market Rental Appraisal.

When you're ready to take the next step, simply click "Make an Offer" to submit your offer securely online. With a straightforward digital process and the support of Keeley and Niki from enquiry through to settlement, buying your next home, holiday retreat or investment is seamless and stress-free.