What school zones is this property in?

The property is in zone for state primary school Te Kura O Take Kārara, covering Year 1 through Year 6. There are no secondary school zones recorded for this address in the available data.

What have nearby properties sold for recently?

In the past 6 months, a limited sample of 3 comparable properties sold nearby, with a median sale price of approximately $1.66 million. Sale prices across this sample ranged from $1,501,000 to $3,350,000.

What is the sales history of this property?

The property was recently listed for sale in October 2026, with no past settled sales recorded in the available history. Earlier listing records on file show previous marketing campaigns in December 2021 and February 2015.

What are the CV and land details?

The property's 2024 rating valuation is $6.94 million, representing an approximate 20% increase over 2021, with land value accounting for $4.12 million. It is a freehold lifestyle property in the Rural General Zone with an easy to moderate slope. Constructed in the 2000s with stone external walls and an iron roof in good condition, the home offers a 345 square metre floor area.

What transport and amenities are nearby?

Everyday amenities are centered in the wider Wanaka area, including supermarkets such as New World, Four Square, and Mediterranean Market, alongside local pharmacies. The National Transport and Toy Museum is located approximately 2.93 kilometres from the address.

What is the neighbourhood like?

The surrounding Sarginson Lane area has a median CV of approximately $4.35 million, with home values spanning broadly between $1.5 million and over $8 million. All recorded properties along the corridor are freehold, dominated by spacious 4-bedroom and 5-bedroom layouts.

Exterior - 38 Sarginson Lane, Wanaka, Otago

38 Sarginson Lane, Wanaka, Otago, 4 Bedrooms, 4 Bathrooms, Lifestyle Property

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Living room - 38 Sarginson Lane, Wanaka, Otago

Living area

Kitchen

Bedroom - 38 Sarginson Lane, Wanaka, Otago

Beds

Deadline Treaty

38 Sarginson Lane, Wanaka, Otago

CV$6.94M

4Beds

4Baths

345m²Floor area

Key Facts

Type of titleFreehold

Property TypeLifestyle - Improved

Land area215000m²

Floor area345m²

Decade of construction2000

Parking4

ConstructionExternal Walls: Stone Roof: Iron

Building ConditionExternal Walls: Good Roof: Good

ZoningRural General Zone

Time on the market9 days

Wanaka 4 Bedroom Private Wanaka Lifestyle - A Rare Opportunity

Lifestyle PropertyListed on Thu Oct 22Top School ZonePopular

Located just minutes from the heart of Wanaka, this substantial 21 ha (more or less) lifestyle property presents a rare combination of scale, privacy, convenience and magnificent views.

Gently rolling land provides a wonderful sense of space, while the property is well established and thoughtfully configured for comfortable country living. Mature gardens and trees surround the substantial residence, complemented by six paddocks and an impressive four-bay barn, creating an enviable blend of lifestyle appeal and practicality.

The home provides generous accommodation comprising four large bedrooms, including two with en-suites, plus two further bathrooms. A large modern kitchen connects naturally with the open-plan living area, while a spacious formal living room, complete with a Jetmaster fireplace, provides an elegant retreat for more intimate occasions.

Outdoor living with a choice of entertaining and relaxation areas positioned around the home all capture the sunshine, and views. Four car garaging, together with extensive storage, adds further practicality to an already impressive property.

For those seeking an exceptional base from which to enjoy everything Wanaka has to offer, this is an outstanding opportunity. Equally, with its significant landholding, prime location and enduring scarcity, it offers an intriguing land banking opportunity.

Properties of this scale, in such a sought-after location and offering a substantial, beautifully established home, are rarely offered to the market.

Deadline Sale: Closes 3:00 p.m. Monday 30 November 2026 (unless sold prior)

Property highlights

Substantial Residence and Barn
345sqm floor area, four-bay barn, stone fireplace, vaulted ceiling, four-car garaging.
Minutes to Wanaka Township
Located on Wanaka-Luggate Highway, minutes to the town centre, highly private rural setting.
Decile 10 School Zone
In zone for Decile 10 Te Kura O Take Kārara primary school.