44 Arawata Terrace, Sunshine Bay, Queenstown-Lakes, Otago

Big Home, Big Views, Big Potential. If you’re in the market for a home with stunning lake and mountain views, plenty of space, and loads of potential, this one should be on your radar. Sitting high above Queenstown, this multi-level home is tucked into its own private, alpine setting—a true lakeview treehouse with a delicious backdrop of Lake Wakatipu and the Remarkables.

With six bedrooms and four bathrooms, this is a home that can work for a wide range of buyers—families needing space, investors looking for potential, or even a group of friends keen to get on the Queenstown property ladder. The flexible layout includes a large studio-style bedroom with external access, offering options for guests or independent living.

Comfortable as is, this home is also ripe for renovation. Whether you’re a tradie looking for your next project, a buyer ready to bring back some sweat equity, or someone with a vision to modernize and make it your own, the opportunity here is huge.

The kitchen and dining area make the most of the spectacular outlook, while the log burner and two heat pumps keep things cosy year-round. The outdoor spaces, including a private deck off the top-level studio, provide even more spots to soak in the scenery.

With a bus stop just meters away, getting into town is easy, and you’re also close to some of Queenstown’s best walking and biking trails.

The owners are keen to move on and are looking for market feedback so if you’re looking for space, views, and future potential, this one is well worth a look. If you're out of town, request the video tour or come see the opportunities here for yourself. View, assess, and have your say!