CENTRAL PARK

42 Central Park Avenue, Lake Hayes

There is a particular rhythm to life on the north shore of Lake Hayes. A morning lap of the loop track, coffee in Arrowtown just six minutes away. An afternoon admiring - or even out on - the water; a drive or e-bike through Gibbston for a bottle of Pinot. All the while, the Remarkables, Crown Range, and Coronet Peak sit quietly around you, waiting for your adventurous side to come out and play.

42 Central Park Avenue sits within this setting, positioned on a 4,000sqm lifestyle lot in one of the basin’s most tightly held pockets.

The four-bedroom home is a single-level pavilion designed by architect M J Wyatt, originally completed in 1998. Under the current owners, it has just undergone a comprehensive 2025-2026 refit, with close to a million dollars invested. Highlights include a bespoke Formatt kitchen in warm charcoal timber with Corian benchtops, entirely new bathrooms, Haro engineered oak flooring through the living wing, and 60oz Feltex wool carpet in the bedrooms. A multi-zone Daikin VRV ducted heat pump system has been added, while the original fireplace remains for atmosphere.

Outside, the northern park-like garden has been opened up around a new 10m x 4m sprayed concrete pool, finished with glass and steel fencing, striking sandstone paving, and new planting that integrates with established trees and the existing fruit orchard. A height covenant on the southern boundary protects the outlook to the lake and the Remarkables beyond.

Lake Hayes is increasingly recognised as an address that holds its value. Property changes hands slowly here; the lake and loop track are a central part of daily life, and this private cul-de-sac lane means traffic is non-existent. With Arrowtown just six minutes away, Queenstown Airport 10-15, and the CBD not much further, this is a setting that rarely comes to market, with a stylishly renovated home ready for part or full-time living.

a place to be

Lake Hayes is a picturesque area near Arrowtown in New Zealand’s South Island. Known for its magnificent lake, serene atmosphere and expansive landscapes, it offers a tranquil retreat while being close to Queenstown’s bustling town centre and world-renowned attractions.

Surrounded by mountain ranges, including The Remarkables and Coronet Peak, Lake Hayes boasts breathtaking views year-round. Its reflective lake and rolling hills create a peaceful setting that attracts high-net-worth individuals and families seeking privacy and luxury. The area features elegant homes and lifestyle properties, many designed to maximise natural light and showcase the surrounding scenery.

Lake Hayes appeals to outdoor enthusiasts, offering easy access to hiking, biking trails, equestrian activities, and skiing at nearby Coronet Peak. Despite its rural charm, it remains conveniently located, just minutes from Arrowtown and within easy reach of Queenstown’s shopping, dining, entertainment and international airport.

The community is a blend of locals and expatriates who enjoy the area’s high-quality lifestyle, slower pace, and strong connection to nature. Nearby attractions, including wineries and golf courses, enhance Lake Hayes’ appeal, offering leisure and relaxation opportunities. This coveted location combines luxury and tranquillity with accessibility, set against the iconic backdrop of New Zealand’s stunning landscapes.

The north shore of Lake Hayes is a small, tightly held pocket of rural-residential lots sitting directly above the water on the basin floor between Queenstown and Arrowtown. Lots typically range from 4,000m² to several hectares, most presenting as single-level homes set within established gardens and orchards. The combination of lake aspect, mature planting and the unqiue zoning gives the neighbourhood an enduring sense of privacy and outlook that is very difficult to replicate closer to town.

A Closer Look

in the heart of it

 

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