Lakefront, Forever

Listed 19 Aug
66 Cedar Drive, Kelvin Heights, Queenstown-Lakes, Otago
Asking price $5,950,000
Details
- Floor Area
- 284m²
- Land area
- 645m²
- Parking
- 2 off street carparks
- Broadband
- Fibre, Satellite, Wireless
- Capital value (CV)
- $5,300,000


Lakefront, Forever
Some opportunities can never be recreated.
Occupying an irreplaceable position on the shores of Lake Wakatipu, this newly completed waterfront residence is one of Queenstown's rarest offerings. Designed with absolute respect for its setting, it pairs timeless architecture with an uninterrupted lake frontage in the heart of prestigious Kelvin Heights.
Over height glazing captures ever-changing views across Lake Wakatipu and The Remarkables, while interiors of exceptional quality showcase Montenegro marble, bespoke oak joinery, bluestone tumbled marble, a French cast iron Cheminees Philippe fireplace and beautifully curated finishes throughout. Every detail has been considered, every material chosen to endure.
Generous living spaces flow effortlessly to the outdoors, where the lake becomes an extension of the home. Step onto the beach for a morning swim, launch a paddleboard, stroll the lakeside trail to Kelvin Heights Golf Club, or simply relax and watch the seasons unfold across one of the world's most iconic alpine landscapes.
Homes of this calibre are seldom available. New lakefront residences are exceptionally scarce, and opportunities to secure a position directly on the water are becoming increasingly rare.
An irreplaceable address. Timeless architecture. A legacy property to be treasured for generations.
We welcome your early enquiry for a confidential discussion and private viewing appointment.
- Please note some images have been virtually staged.
Important: This property may be marketed as suitable for overseas purchasers. However, this does not constitute confirmation of eligibility, approval, or suitability for any individual buyer. All overseas purchasers remain subject to New Zealand’s overseas investment laws, including the Overseas Investment Act 2005, and may require consent from the Overseas Investment Office. You must obtain your own independent legal, financial, and technical advice and secure any necessary approvals before proceeding with a purchase.

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Local Schools
- ST JOSEPH'S SCHOOL (QUEENSTOWN)25 Beetham StreetRoll: 130
- REMARKABLES PRIMARY SCHOOL49 Lake AvenueRoll: 426
- ACG QUEENSTOWN HENRY STREET7 Henry StreetRoll: 33
- GENIUS EARLY YEARSLevel 1 45 Camp StreetRoll: 20
- QUEENSTOWN PLAYCENTREQueenstown Primary School Robins RoadRoll: 25
- QUEENSTOWN PRESCHOOL AND NURSERY45 Brecon StreetRoll: 68
- KIDSFIRST KINDERGARTENS WAKATIPUBrecon StreetRoll: 27
- QUEENSTOWN PRIMARY SCHOOL20 Robins RoadRoll: 522
- KINGSVIEW SCHOOL14 Yewlett CresentRoll: 90
- TE KURA WHAKATIPU O KAWARAU85 Howden DriveRoll: 566
- WAKATIPU HIGH SCHOOL47-49 Red Oaks DriveRoll: 1552
- LIGER LEADERSHIP ACADEMYUnit 10 34 Grant RoadRoll: 32
- SHOTOVER PRIMARY SCHOOL57 Stalker RoadRoll: 580
- CROMWELL COLLEGEBarry AvenueRoll: 696
Location info
Tour the property
There are currently no open home times scheduled, please reach out to the agent to find a time.
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Property insights
HomesEstimate
Updated today
- Updated
- October 15, 2026
- Estimated value
- $4.42M - $4.94M
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2024
- Capital value
- $5,300,000
- Land value
- $1,930,000
- Improvement value
- $3,370,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 4.42M - 4.94M
- Suburb median
- Kelvin Heights: 2.35M


