83 The Esplanade, Pegasus, Waimakariri

Located at 83 The Esplanade, Pegasus, Waimakariri, this residential property is a modern marvel designed for multigenerational living. It features four bedrooms, three bathrooms, and three car parks, spread over a generous floor area of 317 square meters on an 803 square meter freehold land. The property boasts a contemporary design with a wooden exterior and an iron roof, both in good condition. Built in 2025, it offers a level contour, ensuring easy access and mobility.

The property's capital value has seen a significant increase from $1,020,000 in August 2019 to $1,520,000 in July 2022, marking a growth rate of approximately 49%. The HouGarden AVM estimates the property value at $1,455,000. The latest sale recorded was on August 20, 2018, for $220,000. This substantial increase in value highlights the property's potential as a lucrative investment.

For families, the property is situated within a desirable school zone. Rangiora New Life School, a composite school with a decile rating of 9, and Pegasus Bay School, a full primary school with a decile rating of 10, are nearby. Additionally, Kaiapoi High School, a secondary school with a decile rating of 7, and Marian College, with a decile rating of 8, provide excellent educational opportunities. Christchurch Adventist School, a composite school with a decile rating of 5, is also accessible, offering a range of schooling options for residents.

Updated on September 24, 2025