THE HALF-ACRE SCHEME
57 Arrowtown-Lake Hayes Road, Lake Hayes
Once in a generation, a piece of Lake Hayes like this comes to market. This is one of those moments.
A little over half an acre, 2,002 square metres, on one of the lake's most tightly held stretches. Sites of this scale almost never trade here, and a position like this one even less often. Elevated above Bendemeer Bay, it commands a truly magnificent outlook while sitting close enough to the water to feel part of it.
The history runs deep. This was only the second holiday home ever built on Lake Hayes, raised in 1953 and loved by five generations of the same family. From the very beginning it was placed to capture the best of the setting, framing the lake and the long view south to Cecil Peak, with Coronet Peak beyond. The views look out across Bendemeer Bay Reserve, protected and impossible to build out. What you see today is what you will see in thirty years.
The north-west aspect delivers long, golden afternoons, the sun tracking across the water before it settles into the mountains. It is the kind of orientation that architects dream of and that delivers the ultimate in creative licence to craft how every space feels, draws in light and warmth, and highlights the constant play of sky on water.
And then there is the opportunity. With this much land in this position, the development potential is immense and genuinely rare. A single statement residence would sit beautifully here, commanding the elevation and the view lines. Several standalone homes could share the site without surrendering privacy or outlook. There is even room for something more ambitious, in the spirit of nearby schemes such as The Elms and in the context of recent zoning changes. This is a blank canvas, and the right design will turn it into something exceptional - with potentially up to six residences in total.
All of it just minutes from Arrowtown, twenty from Queenstown, and a short run to the airport, the region's finest golf, the ski fields and the Gibbston wineries.
Land like this was chosen, decades ago, to be held forever. That it is being offered at all is the rare part, and we would not count on it coming round again.
We strongly recommend arranging a viewing in-person, as this property’s scale, orientation and unmatched outlook simply cannot be appreciated from afar.
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List Price: 5,950,000 NZD
Collection: Winter '26
Viewing: By Appointment (short-notice viewings are generally available)
Tenancy: Now vacant, and ready to be sold with vacant posession
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OMEA SWANSON
Sales Partner
Oliver Road | Luxury Real Estate+64 21 151 5412
omea@oliverroad.co.nzCAM WINTER
Managing Director
Oliver Road | Luxury Real Estate
A Family Legacy on
the Shores of Lake Hayes
57 Arrowtown Lake Hayes Road originally sat on a 3,213 sqm section adjacent to Bendemeer Reserve. The land was purchased in 1952 by Wallace Dunlop from farmer Ken Haggitt, and the house itself was built in 1953. It was the second holiday home to be constructed on the shores of Lake Hayes.
From the beginning, the property was designed to embrace its remarkable setting. The house was positioned to capture an optimum view of the lake and south to Cecil Peak, with large plate glass windows - unusual for residential homes at the time and more commonly used in commercial buildings. The outlook also stretches across to Coronet Peak, and these views remain uninterrupted today. The living room was lined with stained knotty pine, which still looks as new.
In those early years, water was pumped directly from the lake, with rainwater collected from the roof and stored in a tank for drinking. Sewerage was managed through a septic tank.
Five generations of the Dunlop family have enjoyed holidays here, creating decades of shared memories by the lake.
In 2017 the lower section of the property was subdivided for fourth generation family member Jeremy Dunlop, an architect, to build a home. The remaining 2,002 sqm section continues to contain the original holiday house.
Over the years, many relatives and friends have visited or stayed at the property and still enquire about it today. Their memories include long summer days spent swimming or simply sunbathing by the lake. Earlier years saw rowing or canoeing, followed by sailing a Sunburst yacht and later windsurfing. Today, foiling has become the activity of choice. These experiences have created countless memorable moments for family and friends alike.
Until a few years ago, it was common to row across the lake to fish for brown trout, often with consistent success. After cooking and smoking the catch, it made for a memorable meal shared together.
The water quality in Lake Hayes has improved in recent years, partly due to the work of The Friends of Lake Hayes. With the aid of sediment traps they have reduced phosphate levels, and the lake water is once again safe to swim in. Warm summer swims have long been part of life here, often enjoyed from mid December through to the end of February.
Beyond summer, the property also offers its own seasonal beauty. Spring blossom, autumn colours, and the proximity to ski fields have all contributed to the enduring appeal of this much loved holiday home.
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.
A Closer Look
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Floor Area
Approx Total: 130m²
Land Area
2,002 m²
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Address: 57 Arrowtown Lake Hayes Road, Lake Hayes
Legal Description: Lot 1 Deposited Plan 560733
Certificate of Title: 990290
Estate: Fee Simple (Freehold)
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Territorial Authority: Queenstown Lakes District Council
Proposed Zone: Suburban Lower Density Residential
Valuation Number: 2907135901
Rating Valuation: 5,000,000 NZD
QLDC Rates (annual): 9,024.29 NZD
ORC Rates (annual): 1,943.29 NZD
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Water Supply: Lake Hayes Public Reticulated Water Supply
Water Storage: Burford Concrete Water Holding Tank (Gravity Fed)
Septic: Public Reticulated Sewage Scheme
Power: Public Connection
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28/04/2004 - BC040476 - Service Connections
05/12/1991 - K19582 - Install inbuilt Yunca
31/10/1977 - H121658 - Erect Garage
31/08/1977 - H121600 - Alterations & Additions to Dwelling
22/12/1976 - 1954 - Connect to Lake Hayes Water Scheme
1954 - 558 - Original Dwelling
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18/03/2020 - RM191257 - Change the location of an internal boundary on an approved subdivision plan for Condition 1 of Resource Consent RM161235 to enable a straight boundary between the two sites.
29/10/2018 - RM161235 - Two lot subdivision. Certificate was issued 23 May 2023
in the heart of it
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Travel Time: ~ 1 minutes
A tranquil lake perfect for walking, jogging, or picnicking.
8km Loop Walkway, birdwatching, and photography opportunities.
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Travel Time: ~4 minutes
Historic gold-mining town with charming streets, boutique stores, and cozy cafes.
Highlights: Lakes District Museum, Arrow River trails, and the famous autumn colours.
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Travel Time: ~20 minutes
A vibrant hub with restaurants, cafes, boutique shopping, art galleries, and adventure tourism operators.
Highlights: Skyline Gondola, Queenstown Gardens, and the iconic waterfront along Lake Wakatipu.
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Travel Time: ~11 minutes
Serves as the gateway to the region with domestic and international flights.
Includes car rental services, shopping, and dining options.
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The Hills Golf Course
~6 minutesOverview: An exclusive and prestigious private golf club offering a meticulously crafted 18-hole championship course.
Highlights:
Designed by Darby Partners, blending seamlessly into the natural landscape with water features and native plantings.
Hosts the New Zealand Open and other high-profile tournaments.
Features an impressive collection of outdoor sculptures and modern facilities, including a luxurious clubhouse.
Arrowtown Golf Course
~6 minutesOverview: A charming and challenging 18-hole course set against the backdrop of Arrowtown's historic landscape.
Highlights:
Unique course layout that winds through natural terrain and old gold-mining sites.
Panoramic views of the surrounding mountains.
Welcoming atmosphere, suitable for players of all levels.
Millbrook Golf Course
~5 minutesOverview: A world-class 27-hole championship golf course located within the luxurious Millbrook Resort.
Highlights:
Designed by renowned golf architects Sir Bob Charles and Greg Turner.
Spectacular scenery featuring rolling fairways, manicured greens, and a mountainous backdrop.
On-site facilities include a pro shop, driving range, and fine dining options at the resort.
Jack's Point Golf Course
~22 minutesOverview: A championship 18-hole golf course renowned for its dramatic location at the base of The Remarkables mountain range and along Lake Wakatipu.
Highlights:
Impeccably maintained fairways and greens integrated into the natural alpine landscape.
Stunning views of the surrounding mountains and lake.
Clubhouse offering gourmet dining and a relaxing atmosphere post-game.
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Coronet Peak
~24 minutesA premier ski destination offering excellent winter sports opportunities and summer mountain biking trails.
Amenities: Rental facilities, restaurants, and stunning panoramic views.
The Remarkables
~35 minutesOffers a family friendly ski experience for all ages and stages with lessons, rentals, and diverse trails for all skill levels.
Great views of Lake Wakatipu from the slopes.
Cardrona Alpine Resort
~37 minsA family-friendly ski resort offering extensive trails for skiing, snowboarding, and winter sports.
Highlights: Terrain parks, beginner slopes, and alpine accommodation options. In summer, enjoy mountain biking and sightseeing.
Treble Cone Ski Field
~1 hour 27 minutesKnown for its advanced terrain, spectacular views, and uncrowded slopes.
Highlights: Long groomed runs, off-piste challenges, and stunning views of Lake Wānaka and the Southern Alps.
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Five Mile Commercial & Shopping Precinct
~8 minutesOverview: A modern and convenient retail and commercial hub located near Frankton, Queenstown. Five Mile is a one-stop destination for shopping, dining, and essential services.
Highlights:
Retail Stores: Hosts a variety of popular retailers, including fashion outlets, electronics stores, and home goods shops.
Supermarkets & Hardware: Features Countdown, Pak’n’Save, Bunnings and Mitre10 Mega.
Dining Options: A selection of cafes, bakeries, and casual eateries offering diverse cuisines.
Health & Wellness: Includes gyms, yoga studios, and healthcare providers such as pharmacies, dentists, and medical clinics.
Professional Services: Banks, offices, and other essential services are conveniently located within the precinct.
Parking: Ample free parking makes it easy to access for residents and visitors.
Five Mile is an essential destination for both everyday necessities and leisure shopping, offering a convenient and well-equipped commercial centre close to Dalefield.
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Travel Time: ~16 minutes
A hub for thrilling Shotover Jet boat rides and white-water rafting adventures through dramatic canyons.
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Travel Time: ~10 minutes
Known as the "Valley of Vines," this area is home to some of New Zealand's finest wineries.
Highlights: Gibbston Valley Winery & Cheesery, Peregrine Wines, and Chard Farm.
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