1,032sqm Coastal Estate - $650,000 Below CV

Priced approximately $650,000 below CV, this substantial coastal residence represents a compelling opportunity for buyers seeking scale, views, versatility and genuine value in one of Glendowie's most desirable seaside settings. Adding further appeal, the self-contained apartment currently returns approximately $30,000 per annum. Positioned at the tip of a prestigious coastal peninsula, this supremely elegant home caters effortlessly to those seeking a luxurious, leisure-focused family base. Majestic proportions maximise sensational panoramas across the bay, headlands and iconic Gulf islands, creating a remarkable sense of space and coastal connection. With a colossal 390sqm (approx.) floor plan, the home lends itself effortlessly to expansive entertaining. Full-length balconies and a spacious loggia are perfectly positioned to appreciate water views extending all the way to the horizon.

Freshly painted with new carpet throughout, the home is beautifully presented and ready to enjoy. A separate living room opens directly onto the balcony, while a sun-filled family room flows to the covered poolside patio. Both flank the formal dining room and modern kitchen, featuring a king-sized island and stackable bifolds that blur the boundaries between indoors and out.

Bedrooms include the stunning penthouse master suite with its own balcony, walk-in wardrobe and luxurious ensuite with dual shower. Further bedrooms and the well-appointed office on the central floor are served by a full family bathroom and adjacent guest powder room.

The ground floor is dominated by internal-access triple-car garaging, plentiful storage and the separately accessed self-contained apartment. Ideal for teens, adult children, extended family or guests, it also provides an attractive income stream, currently returning approximately $30,000 per annum.

The substantial 1,032sqm (approx.) freehold section includes abundant forecourt parking and expansive flat lawns, while tropical palms enhance the relaxed seaside atmosphere. Alongside the resort-style pool is an exceptional amount of usable lawn, offering space for a myriad of sporting activities and creating a backyard designed for active family life and entertaining.

Zoned for highly regarded Glendowie schools, the property is only a short drive from waterfront cafés and an easy walk to nearby estuary reserves.

This is a significant opportunity to secure an exceptional coastal estate offering scale, versatility and lifestyle in equal measure.

See interactive features for this property on barfoot.co.nz. Click the "View office website" link at the bottom of this page.