Long before Kelvin Heights became one of Queenstown's most coveted addresses, this stretch of shoreline between Bayview and The Grove was among the first to be settled. The incredible views. The western outlook, where the evening sky spills magnificent colour across the water, lingering long after the sun has slipped behind the mountains. Genuine privacy, paired with effortless access to the water's edge.
635 Peninsula Road sits within this prized stretch. Elevated. Unobstructed. Utterly private. And generous in a way that's difficult to find here — 436sqm unfolding across three considered levels, the home offers space in every sense: five bedrooms, three bathrooms, a lift connecting the main dwelling's two levels with ease, and multiple outdoor living areas to enjoy. A home built to be lived in and enjoyed for years to come.
Step through the front door and you're drawn straight to the open-plan living and dining — the feeling one of almost floating above the water. Bi-fold doors fold away to a deck made for long summer evenings and entertaining, while a striking, contemporary kitchen with scullery anchors the space. A media room and snug offer quieter retreat when the mood calls for it, the whole level wrapped in warmth year-round — new wool carpet underfoot, heat pumps and cassette heating moderating the temperature through every season. The triple garage sits on this same level, workbench included, with its own path leading directly down to the water — practical access for transporting all the lake gear.
Downstairs, the home turns more private still. The master suite enjoys a fully tiled ensuite, walk-in wardrobe and private deck access, with two further bedrooms sharing a contemporary family bathroom. A flexi room with kitchenette completes the floor, its adjoining spa opening directly onto the deck — perfectly positioned to soak in Queenstown's spectacular sunsets.
The unit adds another layer entirely — fully self-contained with its own separate entrance and dedicated outdoor carpark, freshly finished throughout with a new kitchen, new bathroom and new floor coverings. Currently used for short term rental, offering genuine passive income, or independent guest accommodation for friends or family.
Outside, multiple outdoor living areas take in the lake, framed by easy-care landscaped gardens. Directly below the home, a natural beach shelf unfolds — arguably one of the finest spots along this entire stretch of the Peninsula, making launching a kayak or paddleboard effortless. And then there's the quarter share in the jetty and your own private mooring — the kind of assets that are becoming almost impossible to secure on this lake. Keep your own boat tied up and ready, or make room for a friend's — no boat ramp, no trailer, no queuing to launch. Simply walk down, step aboard, and go.
Beyond the home, direct access to the Kelvin Heights walking and biking trails puts even more of the lake within reach. The water taxi to Queenstown central is a short walk away, with the golf course and café, Queenstown International Airport, The Remarkables ski field, and Frankton's shopping and dining precincts all close by.
What sets this home apart isn't only its scale and layout — it's the ease of it. Freshly updated, turn-key, low-maintenance, ready to be enjoyed from the day you collect the keys.
This position. This stretch of the Peninsula between Bayview and The Grove. Rarely do they come together. For the first time since it was built, this home is available. Contact me to arrange a private viewing.
