What is the sales history of this property?

The property was last sold in September 2011 for $360,000, has been held for about 15 years, and was listed for sale again in November 2026. Historical records also show an earlier listing in August 2023.

What are the CV and land details?

The property's 2025 government CV is $560,000, up about 3% from 2022, with land value accounting for $185,000. It holds a Freehold title with a 2,737m² land area, featuring brick external walls and an iron roof in average condition.

What transport and amenities are nearby?

Recreational amenities are within walking distance, with Patearoa Tennis Courts about a 6-minute walk away. Patearoa Golf Club is also nearby, located roughly a 10-minute walk from the property.

What is the neighbourhood like?

Homes across the Patearoa Road neighborhood are predominantly valued under $500,000, with all recorded properties held under Freehold title. The area is dominated by 2- to 3-bedroom configurations, with 3-bedroom layouts forming the largest share.

Exterior - 80 Patearoa Road, Patearoa, Central Otago, Otago

Living room - 80 Patearoa Road, Patearoa, Central Otago, Otago

Living area

Kitchen

Bedroom - 80 Patearoa Road, Patearoa, Central Otago, Otago

Beds

Wed Nov 4 11:00-11:30

New

Deadline Treaty

80 Patearoa Road, Patearoa, Central Otago, Otago

CV$560K

10Beds

5Baths

440m²Floor area

Key Facts

Type of titleFreehold

Property TypeCommercial - Liquor outlets

Land area2737m²

Floor area440m²

Parking1

ConstructionExternal Walls: Brick Roof: Iron

Building ConditionExternal Walls: Average Roof: Average

Time on the marketYesterday

Patearoa 10 Bedroom Space, Flexibility & Opportunity

HouseListed Yesterday

If you have an extended family, need space for guests, or looking for a property with genuine Airbnb or additional income potential, this unique Patearoa property deserves your attention.

The main home offers five bedrooms, with the master enjoying its own ensuite, along with huge living spaces, a separate dining area and kitchen facilities. There is plenty of room for everyone to spread out and enjoy comfortable living.

Adding even more versatility are two completely separate units, each with its own kitchen, living area and bedrooms. Each dwelling also enjoys its own private outdoor living space, providing independence and privacy for family members, guests or potential Airbnb accommodation.

The main home also benefits from a double garage, adding valuable storage and parking space.

Whether you're looking for a large family home, a multi-generational living solution, guest accommodation or an opportunity to generate additional income, this property offers options rarely found in one package.

Located in the peaceful and picturesque Central Otago village of Patearoa, this is a property where space, lifestyle and flexibility come together.

You will be hard-pressed to find another property offering so much for so little.

Come and discover the possibilities for yourself.

Property highlights

Main Home Plus Two Separate Units
Main dwelling with 5 bedrooms and ensuite, plus 2 self-contained units with private outdoor living.
2,737sqm Freehold Land Holding
2,737sqm freehold section, 440sqm building footprint, with mountain and rural farmland outlooks.
Central Otago Patearoa Village Setting
Peaceful village environment in Patearoa, situated in Central Otago.