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44 Arawata Terrace, Sunshine Bay, Queenstown

Offers over $1,295,000

6

4

2

250m²

Lakeview Treehouse

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!

Additional details

Type

House

Property ID

eagle_1565680

Listed on

07/03/2025

Updated

09/05/2025

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 124 days (last updated on 7 March) and was last sold in 2025 for $1,300,000. OneRoof now estimates this property to be $1,285,000 and its latest rating valuation by Queenstown council is $1,290,000 as of 2024. There are 11 properties for sale in Sunshine Bay.

Property data

Broadband available

Floor area

174m²

Land area

869m²

Type of title

Freehold

About the area

Market insights

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Time (yrs)

5 yrs

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Fernhill/Sunshine Bay, Queenstown

Fernhill/Sunshine Bay is a suburb which lies within the Territorial Authority of Queenstown, one of 24 residential suburbs which form the wider region. Fernhill/Sunshine Bay is the 4th largest suburb of Queenstown in terms of the total number of residential housing stock. Fernhill/Sunshine Bay provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1950 - 1959. The majority of the residential housing stock in the locality was constructed between 1990 - 1999. Residential housing stock in Fernhill/Sunshine Bay is made up of approximately 90% residential housing and 10% residential investment housing properties.

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