114A Reservoir Road, Oamaru North, Waitaki, Otago
Queenstown, New Zealand
Guide Price
$867,100
1,495,000 NZD
PROPERTY TYPE
house
BEDROOMS
4
BATHROOMS
3
Description
The tree lined driveway that leads you to this impressive and expansive home of approximately 540m2, set in a private and tranquil setting of 1.72 hectares, is the gateway to your new lifestyle retreat situated within the town boundary. The easy care, landscaped gardens with, New Zealand native plantings, an ornamental pond and arched bridges, sheltered courtyards and a well-maintained lawn, taken care of by the robotic mower, will leave you more time for rest and relaxation to enjoy the stunning rural vistas across to the Kakanui Mountains. An entertainer's dream, this spacious home
features multiple sun-drenched living areas that connect seamlessly to various outdoor spaces giving you choices for relaxing and entertaining. The natural elements of timber and stone throughout, give the home a warm and earthy feel. Traverse down the wide hallway and past the indoor garden with water feature and you arrive into the heart of the home - the modern, open plan kitchen, with an impressive Jarrah bench top and Grey Schist clad island, a gas and electric range, walk in pantry and effortless connection to the dining room, sitting room and step-down living area that
features a large picture window framing the views. Upstairs, the private master bedroom, with walk in wardrobe and ensuite, has a balcony that maximizes the breathtaking views over the central courtyard, across the sweeping lawn and out to the Kakanui Mountain's, making it the perfect spot for a morning coffee or end of day nightcap. The main floor houses an office, three additional bedrooms; one of which is the second option for a master bedroom, with walk in wardrobe, ensuite, and access to the central courtyard; the family bathroom with feature stone shower, freestanding soaker tub, powder room and additional storage rooms. A catalytic wood burner, large open fire and heat pump keeps the home cosy on cooler days and nights and other practical features, such as gas hot water, and the 32 panel solar system that helps power the home and feeds surplus electricity back into the grid, separate laundry with external access, and the 6-car garage further enhance the functionality of this versatile lifestyle property. Buyer Enquiry Over $1,495,000 Contact Stephen Robertson at 0274 731 112 or Daniel Isbister at 027 261 7014
Location
Open in Google MapsLiving in Queenstown
New Zealand's adventure capital set against dramatic Southern Alps scenery, popular with outdoorsy types who want skiing, hiking, and bungee jumping on their doorstep. It's a small town (about 50,000) that runs on tourism, meaning seasonal work is common and housing costs are inflated well beyond what the town's size would suggest. A stunning place to live if you can afford it and don't mind the isolation.
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Stephen Robertson - Robertson Real Estate Ltd (Licensed: REAA 2008) - LJ Hooker, Oamaru
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


