Estimate $1.66m – $2.20m
5
11 Summit Road, Lake Okareka
45 properties · Lake Okareka, Rotorua
Summit Road, Lake Okareka
Summit Road in Lake Okareka has 45 properties, valued by the council between $730,000 and $1,740,000 with a median of $1,060,000 (Lake Okareka: $1,130,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $1,180,000. 1 sold in the last twelve months. The highest sale in 2026 was 1 Summit Road, at $1,077,000.
$1.06mmedian council valuation
$1.18mour median estimate
1sold in the last 12 months
1970median year built
45 properties on Summit Road, Lake Okareka
Estimate $1.40m – $1.87m
5
7A Summit Road, Lake Okareka
Estimate $1.25m – $1.66m
4
47A Summit Road, Lake Okareka
Estimate $1.21m – $1.62m
5
51 Summit Road, Lake Okareka
Estimate $1.19m – $1.59m
4
55 Summit Road, Lake Okareka
Estimate $1.16m – $1.48m
2
27 Summit Road, Lake Okareka
Estimate $1.20m – $1.52m
4
25 Summit Road, Lake Okareka
Estimate $1.14m – $1.52m
4
40 Summit Road, Lake Okareka
Estimate $1.10m – $1.47m
4
36 Summit Road, Lake Okareka
Estimate $1.11m – $1.47m
4
33 Summit Road, Lake Okareka
Estimate $1.16m – $1.47m
4
53 Summit Road, Lake Okareka
Estimate $1.10m – $1.46m
4
31 Summit Road, Lake Okareka
Estimate $1.10m – $1.46m
4
18 Summit Road, Lake Okareka
Estimate $1.09m – $1.44m
4
38 Summit Road, Lake Okareka
Estimate $1.08m – $1.43m
4
32 Summit Road, Lake Okareka
Estimate $1.06m – $1.41m
4
30 Summit Road, Lake Okareka
Estimate $1.12m – $1.41m
3
37 Summit Road, Lake Okareka
Estimate $1.13m – $1.44m
4
28 Summit Road, Lake Okareka
Estimate $1.09m – $1.38m
2
57A Summit Road, Lake Okareka
Finding a picture…
Estimate $1.05m – $1.39m
4
4 Summit Road, Lake Okareka
Finding a picture…
Estimate $1.11m – $1.41m
4
41 Summit Road, Lake Okareka
Estimate $1.03m – $1.37m
3
34 Summit Road, Lake Okareka
Finding a picture…
Estimate $1.01m – $1.34m
3
35 Summit Road, Lake Okareka
Finding a picture…
Estimate $977k – $1.30m
5
10 Summit Road, Lake Okareka
Highest and lowest on Summit Road
Property values on Summit Road
The council values Summit Road's 45 rated properties between $730,000 and $1,740,000. The middle half sit between about $935,000 and $1,149,000; the median is $1,060,000 and the mean $1,063,444.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $1.0m | 0 | — |
| 2 | 4 | $1.01m | 0 | — |
| 3 | 10 | $965k | 0 | — |
| 4 | 22 | $1.13m | 1 | — |
| 5+ | 6 | $1.16m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Summit Road compared with Lake Okareka
Summit Road's median council value is 6% below Lake Okareka's.
| Summit Road | Lake Okareka | Rotorua | |
|---|---|---|---|
| Median council value | $1.06m | $1.13m | $580k |
| Sold in the last 12 months | 2.2% | 3.4% | 2.9% |
| Median section | 1,093 m² | 1,050 m² | 842 m² |
| Median year built | 1970 | 1980 | 1970 |
| Council value per m² of floor | $6k | $7k | $5k |
Summit Road house prices over time
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $1,077,000 | $4,603 |
| 2024 | 1 | $1,170,000 | $7,178 |
| 2022 | 1 | $1,105,000 | $5,390 |
| 2021 | 3 | $1,070,000 | $4,157 |
| 2020 | 2 | $942,500 | $6,027 |
| 2019 | 4 | $582,500 | $3,065 |
| 2018 | 4 | $692,500 | $6,818 |
| 2017 | 3 | $620,000 | $2,551 |
| 2016 | 2 | $542,500 | $2,958 |
Recent sales on Summit Road
- 1 Summit Road$1,077,00010 Mar 2026 · 4 bed · 234 m² floor · 1,573 m² land
- 57A Summit Road$1,170,0009 Sept 2024 · 2 bed · 163 m² floor · 1,267 m² land
- 7 Summit Road$1,105,00025 Jul 2022 · 4 bed · 205 m² floor · 1,236 m² land
- 59 Summit Road$1,070,00011 Oct 2021 · 2 bed · 258 m² floor · 1,444 m² land
- 25 Summit Road$1,400,00017 Sept 2021 · 4 bed · 180 m² floor · 1,482 m² land
- 5 Summit Road$1,010,11112 May 2021 · 4 bed · 243 m² floor · 1,322 m² land
- 57A Summit Road$965,00031 Jul 2020 · 2 bed · 163 m² floor · 1,267 m² land
- 57 Summit Road$920,0005 Jul 2020 · 3 bed · 150 m² floor · 1,859 m² land
- 23 Summit Road$350,00012 Aug 2019 · 3 bed · 115 m² floor · 817 m² land
- 8 Summit Road$540,00023 Jul 2019 · 2 bed · 75 m² floor · 1,067 m² land
- 11 Summit Road$625,0002 Jun 2019 · 5 bed · 427 m² floor · 1,714 m² land
- 5 Summit Road$750,00028 May 2019 · 4 bed · 243 m² floor · 1,322 m² land
- 49 Summit Road$460,00023 Nov 2018 · 1 bed · 35 m² floor · 1,540 m² land
- 27 Summit Road$645,00026 Sept 2018 · 2 bed · 70 m² floor · 2,250 m² land
- 42 Summit Road$740,00028 Feb 2018 · 4 bed · 206 m² floor · 1,037 m² land
- 28 Summit Road$840,00023 Feb 2018 · 4 bed · 190 m² floor · 1,072 m² land
- 3 Summit Road$695,00010 Jun 2017 · 4 bed · 189 m² floor · 1,053 m² land
- 10 Summit Road$575,0006 Mar 2017 · 5 bed · 297 m² floor · 1,462 m² land
- 5 Summit Road$620,00024 Feb 2017 · 4 bed · 243 m² floor · 1,322 m² land
- 59 Summit Road$545,0004 Aug 2016 · 2 bed · 258 m² floor · 1,444 m² land
The homes on Summit Road
Summit Road has 44 houses and 1 section. More were built in the 1970s than in any other decade (47%).
Building and resource consents on Summit Road
6building consents in the last 5 years
- 47 Summit Road1 Aug 2025 · Building consentNew transportable dwg
- 3 Summit Road1 Aug 2024 · Building consentBathrm alterations
- 37 Summit Road1 May 2024 · Building consentMasport Hurunui freestanding fire
- 10 Summit Road1 Sept 2023 · Building consentConvert basement into unit with bathrm & kitchenette
- 35 Summit Road1 Jul 2023 · Building consentInstall new kent Cardrona sfh
More streets in Lake Okareka
- Okareka Loop Road70
- Acacia Road37
- Millar Road25
- Steep Street22
- Branch Road15
- Calder Road15
- Ridge Road15
- Pryce Road9
- Benn Road7
- Wattle Grove Road7
- Tarawera Road3
- Spencer Road1
Every street in Lake Okareka, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.