Lookout Drive

Queenstown | Otago

Where Earth

Meets Home

View Photos Watch Film 360° VTour Open House

Angela Imlach

Presented At

$1,775,000

Bedrooms

Bathrooms

Living

1,906

SQFT

Fireplace

High Ceiling

Stone Countertops

Washer Dryer

Kitchen island

Bar

Laundry Room

Jacuzzi

Basement

Garage

Terrace

Garden

Playground

Water View

Lakefront

Waterfront

Mountain View

Privacy

Modern

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17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 6

17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 7

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Lookout Drive

Queenstown | Otago

17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. , Queenstown , Otago

Uninterrupted Iconic Bob’s Cove Views

Commanding an uncompromised front-row position, 17 Lookout Drive captures some of the most mesmerizing views in the Queenstown region. Elevated perfectly above Bob’s Cove, this modern alpine retreat enjoys uninterrupted panoramas of Lake Wakatipu and the dramatic mountain ranges beyond, framed beautifully through expansive glazing and seamless indoor/outdoor living spaces. Set on a generous 1,643 sq m (more or less) site, the home offers exceptional privacy, surrounded by established native plantings and its own secluded garden sanctuary complete with a hot tub. From sunrise light on the water to still, star-laden evenings, this is a property designed to embrace nature at its most spectacular. With warm timber linings, a roaring log burner, underfloor heating, and three large bedrooms with two modern bathrooms, the intelligent, efficient layout blends comfort with contemporary style. This is the perfect summer holiday home in nature’s playground, surrounded by world-class hiking, walking, and mountain biking trails, with easy access to Lake Wakatipu for boating, fishing, kayaking, and windsurfing from your own private, quiet, and unquestionably beautiful spot. Only a 12 minute stunning drive from Queenstown’s vibrant town centre and 30 minutes from Queenstown Airport, and you can be entrenched in New Zealand’s unparalleled nature, adventure, and stunning scenery. Viewings by appointment only.

Exterior

Property

Gallery

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Property Location

17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand., Queenstown Otago

Local Weather & Climate

Queenstown, Otago

Current Conditions Updated recently

59 °F

Clear sky

Feels Like 57°F

Humidity 58%

Wind 4 mph

Visibility 6.2 mi

Sunrise 6:44 PM

Sunset 7:03 AM

5-Day Forecast

Wed 18 Mar

Clear

High 55°

Low 42°

Thu 19 Mar

Clear

High 67°

Low 45°

Fri 20 Mar

Clear

High 63°

Low 44°

Sat 21 Mar

Clear

High 66°

Low 43°

Sun 22 Mar

Clear

High 65°

Low 43°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Queenstown?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

NZ$

Down Payment

NZ$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for New Zealand. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on New Zealand tax year 2025 (fiscal year: April-March), rules effective from 2021. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,775,000

17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand.

Queenstown, Otago

3 Beds

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Market Opinion

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Our perspective on current market conditions in Queenstown. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $177,500,000 20% down ($35,500,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$15,253/day

Your home may appreciate while you sleep

$107,061/week $463,931/mo $5,567,175/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$97.7M

+$138.5M

$138.5M Potential Equity

vs $97.7M lost to rent over 10 years

$35.5M Down Payment Growth

3.9x

10yr

$138.5M

8.1x

20yr

$286.8M

12.6x

30yr

$448.3M

Wealth Comparison

×1,067

Equivalent to 1,067 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $448.3M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $209.0M +18%

Market $241.7M +36%

Optimistic $278.9M +57%

$138.5M est. equity

20 Years

Conservative $246.2M +39%

Market $329.2M +85%

Optimistic $438.4M +147%

$286.8M est. equity

30 Years

Conservative $289.9M +63%

Market $448.3M +153%

Optimistic $688.9M +288%

$448.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand have?

This house at 17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand features 3 bedrooms with 1,906 square feet of living space.

What is the size of 17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand?

This property offers 1,906 square feet of living space.

What is the listing price for 17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand?

This property is listed at $177,500,000, which equals $93127 per square foot.

Is now a good time to buy a home in Queenstown?

Based on current market indicators, Queenstown shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 17 Lookout Drive, Queenstown, OTA, Queenstown, Otago, New Zealand?

This is a house located in Queenstown, Otago. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: