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  • All Residential Sold Properties
  • Central Otago / Lakes District
  • Queenstown
  • Kelvin Heights
  • 391 Peninsula Road
Not listed

391 Peninsula Road, Kelvin Heights

Automated estimate

dollar

$8.77M

Estimate updated on 15/08/2026

Bedroom
4
Bathroom
2
Floor area
564m²
Land area
1117m²
Garage
9
Save this property

Get instant updatesSave this property for instant updates

  • Latest price estimate and CV changes
  • If it hits the market for sale or rentIf the property hits the market for sale or rent

What you can expect to pay for this property

Powered by: The Real Estate Institute of New Zealand (REINZ)

The estimated sale price range

Price icon

Low

$7.07M

Price iconPrice icon

Med

$8.77M

Price iconPrice iconPrice icon

High

$9.76M

Capital value

Capital Valuation price icon

Updated 01/09/24

$7.5M

These estimates are computer generated and are guides only. For more information on this property, please contact an agent.

Frequently asked questionsChevron Narrow

Capital value breakdown

$7,500,000

Valuation date: 1 Sep 2024
Land value
$2,860,000
Improvement value
$4,640,000

Interested in this property?

Save it to get notifications when the valuation changes or it hits the market.

Property history

  • 1 Sep 2024
  • dollar icon
  • CV update
  • $7,500,000
  • 1 Sep 2021
  • dollar icon
  • CV update
  • $6,750,000
  • 1 Sep 2021
  • dollar icon
  • CV update
  • $2,730,000
  • 1 Jul 2017
  • dollar icon
  • CV update
  • $1,980,000
  • 28 Jan 2016
  • dollar-border icon
  • Sold
  • $1,650,000
  • 1 day on the market
  • 15 Jan 2009
  • dollar-border icon
  • Sold
  • $950,000
  • 2020s
  • property-type-new-build icon
  • Decade built

Nearby recently sold properties

9 Spring Hill Road, Kelvin Heights, Queenstown, Central Otago / Lakes District9 Spring Hill Road, Kelvin Heights
bedroom4
bathroom5
garage2
land-area2547m²
$5,400,000
In market 47 days
10/08/2026
587 Peninsula Road, Kelvin Heights, Queenstown, Central Otago / Lakes District587 Peninsula Road, Kelvin Heights
garage2
land-area1199m²
$5,700,000
17/06/2026
6 Red Deer Rise, Kelvin Heights, Queenstown, Central Otago / Lakes District6 Red Deer Rise, Kelvin Heights
bedroom4
bathroom3
garage3
land-area1563m²
$3,900,000
In market 63 days
18/05/2026

Kelvin Heights insights

Last 12 months
Residential Market Insights
Median sale price in Kelvin Heights:
$2,750,000
↑ 54.5 %
Active sale listings in Kelvin Heights:
11

Discover median asking, sale and rent prices for Kelvin Heights with our Market insights.

More market insights
Median sale price in Kelvin Heights
$2,750,000
↑ 54.5 %
Residential Market Insights

Discover median asking, sale and rent prices for Kelvin Heights with our Market insights.

Market Insights

New for rent in Kelvin Heights

New
A/536 Peninsula Road, Kelvin Heights
A/536 Peninsula Road, Kelvin Heights

A/536 Peninsula Road, Kelvin Heights

$1,100 per week

3
3
2
2
House
509A Peninsula Rd, Kelvin Heights
509A Peninsula Rd, Kelvin Heights

509A Peninsula Rd, Kelvin Heights

$695 per week

3
3
1
1
Unit

New for sale in Kelvin Heights

New
deadline: 18 Sep 2026
14 Oregon Drive, Kelvin Heights
14 Oregon Drive, Kelvin Heights

14 Oregon Drive, Kelvin Heights

Deadline Sale

4
4
2
2
House
66 Cedar Drive, Kelvin Heights
66 Cedar Drive, Kelvin Heights

66 Cedar Drive, Kelvin Heights

Negotiation

4
4
4
4
House
18 Poplar Drive, KELVIN HEIGHTS
18 Poplar Drive, KELVIN HEIGHTS

18 Poplar Drive, KELVIN HEIGHTS

$3,250,000

4
4
4
4
Home & Income
189 Peninsula Road, Kelvin Heights
189 Peninsula Road, Kelvin Heights

189 Peninsula Road, Kelvin Heights

$7,500,000

5
5
3
3
House
559 Peninsula Road, Kelvin Heights
559 Peninsula Road, Kelvin Heights

559 Peninsula Road, Kelvin Heights

Enquiries Over $7,000,000

3
3
1
1
House
50 Peninsula Road, Peninsula Rise Duplexes, Kelvin Heights
50 Peninsula Road, Peninsula Rise Duplexes, Kelvin Heights

50 Peninsula Road, Peninsula Rise Duplexes, Kelvin Heights

Asking Price $1,890,000 Plus GST (if any)

3
3
3
3
House
50 Peninsula Road, Kelvin Heights
50 Peninsula Road, Kelvin Heights

50 Peninsula Road, Kelvin Heights

Asking Price $2,485,000 Plus GST (if any)

4
4
3
3
House
18A Loop Road, Kelvin Heights
18A Loop Road, Kelvin Heights

18A Loop Road, Kelvin Heights

$3,595,000

3
3
3
3
House
14 Old Homestead Place, Kelvin Heights
14 Old Homestead Place, Kelvin Heights

14 Old Homestead Place, Kelvin Heights

Negotiation

Section