Large scale blank canvases near Lake Wanaka are hard to come by and when they're at one of the most premium addresses in town, you can be sure they'll be highly sought after.

Penrith Park Drive has a deserved reputation as a lakeside haven; close to town yet quiet, private and completely secluded. With endless skies, lake views and sweeping mountain panoramas, it's an exceptional setting upon which to build the home of your dreams and, with 2,962sqm (more or less) of land to call your own, the options and scope are truly limitless.

Situated amongst some of Wanaka's most outstanding premium properties, Penrith Park Drive is still only a five-minute drive from the Wanaka CBD, the main school zone and key amenities and services. Enjoy year-round sunshine, some of the most sheltered beaches in Wanaka, lakefront cycle tracks and views that look straight across to Treble Cone ski field, offering you the ultimate lifestyle on your doorstep. Ready for its next chapter, this section awaits a dwelling that does justice to this truly remarkable piece of land.

Deadline Sale Closing 4.00pm Wednesday 11th February 2026 (unless sold prior).