13 Hamilton Drive, Lake Tekapo
Mackenzie District
Deadline Sale
- 4
- 1
- 1
- 101m²
- 600 m²
- House
Pristine Timeless Haven: Lake Tekapo
Situated in a prime Lake Tekapo position, this immaculately presented property offers a charming four-bedroom Initial Homes Lockwood-style retreat on a generous, low-maintenance 600 sqm corner section. Characterized by signature exposed timber interiors & warm wood accents throughout, this timeless home combines solid craftsmanship with a cozy alpine feel.
The light-filled open-plan living & dining space forms the inviting heart of the home, complete with a cozy window seat that invites you to relax & soak in the surrounding scenery. Expansive windows & sliding glass doors flood the interior with natural light while capturing picturesque views of the alpine landscape & iconic turquoise waters. At the heart of this welcoming space sits a classic freestanding potbelly wood burner, serving as both a heat source & an inviting focal point creating a cozy high-country ambiance. Complemented by a modern heat pump, the home ensures effortless comfort through every season.
Outdoor living is seamless, with direct access to a sunny, spacious deck providing a perfect vantage point to soak up the stunning views. This steps down to a flat lawn framed by well-established trees, complete with an irrigation system to keep the grounds lush year-round.
Inside, the well-designed floor plan features four well-proportioned bedrooms offering ample space to accommodate large families or group bookings, accompanied by a central family bathroom, a separate toilet, a dedicated laundry, and a detached single garage with plenty of off-street parking for vehicles & recreational equipment.
Beyond its charm as a private holiday sanctuary or permanent home, the property holds exceptional potential as a high-yield short-term rental investment. Capitalize on a classic Tekapo property offering undeniable character, beautifully established grounds, & high-country appeal in an unbeatable location. Contact Steve Howes on 021 801 216.
3D: https://virtualtour.mcre.co.nz/13Hamilton
Deadline Sale closing 2pm Monday 23 November 2026 [unless sold prior]
We estimate it would sell for $1,010,000 as at 5 October 2026, in a range of $861,000 to $1,140,000.
How we worked this out
| Council valuation, Jul 2023 | $840,000 |
|---|---|
| Market movement in Mackenzie District since the council valuation | +13.9% |
| Apartments and houses in Mackenzie District | +0.4% |
| How Lake Tekapo sells against council values | +7.0% |
| Homes of this age in Lake Tekapo | −0.5% |
| Homes in this price range | −0.9% |
| Land as a share of the value | −0.7% |
| Our estimate | $1,010,000 |
We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home expense estimates
Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
13 Hamilton Drive as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $765 | ||
| Property manager | ||
| Rent, 52 weeks | $39,780 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Net income before interest | $32,742 | |
| Interest $707,000 at 6.00%, interest only | −$42,420 | |
| Cash flow before tax | −$9,678 | |
| Cash flow a week | −$186 | |
| Gross / net yield on the price | 3.9% / 3.2% | |
| Return on equity cash flow on the deposit, before tax | −3.2% | |
| Loses money above this interest rate, before tax | 4.63% | |
The rent covers the interest at rates up to 4.63%. That is -3.2% a year on a $303k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area101 m²
- Land area600 m²
- Decade built1990s
- Bedrooms4
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilMackenzie District
- Valuation #25311-38021
- Valuation date1 Jul 2023
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Title and land
Order a title record- Title numberCB28B/670
- Title typeFreehold
- Legal descriptionLot 21 Deposited Plan 48750
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
Zoning and hazards
What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
Reading the council's maps…
What could you build here?
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
About Lake Tekapo
Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.