
7 Foxglove Heights, Wānaka
Also 22 Elderberry CrescentQueenstown-Lakes District
$6,200,000
- 4
- 3
- 3
- 4,099 m²
- House
Architectural elegance, alpine living
First time on the market, 7 Foxglove is an architecturally designed residence set within the exclusive Far Horizon Park community, where privacy, space and effortless entertaining come together. Set across a generous 4,099sqm (approx) site with 317sqm (approx) of thoughtfully designed floor area, this beautifully established property offers a rare sense of sanctuary, complemented by alpine and Lake Wanaka views. Access to premium community facilities, including a swimming pool, gymnasium, tennis courts, spa pool and nine-hole putting green. Designed for easy single-level living, the home features four bedrooms, including two ensuites, a family bathroom, separate toilet and dedicated office. A separate dining area and generous central living room and lounge creates well-connected spaces for everyday living and entertaining, while the thoughtfully appointed interiors feature underfloor heating, a gas fire and internal vacuum system for year-round comfort and convenience. At the heart of the home, the generous kitchen, fitted with a premium Blum cabinetry system, connects naturally with the dining and living areas and opens to the surrounding patios and established gardens. This considered layout creates an effortless flow between indoor and outdoor spaces, with multiple sheltered areas to relax, entertain and enjoy the surrounding alpine environment. The spacious master suite is privately positioned with its own ensuite and walk-in wardrobe, while three further bedrooms provide flexibility for family and guests. A dedicated office adds a practical space for working from home, and the separate laundry enhances the home's functionality. For those who embrace the Wanaka lifestyle, the substantial three-car garage provides exceptional versatility for vehicles, bikes, boats and outdoor equipment, with additional space for a workshop. A private spa adds another layer of relaxation to this already well-appointed home. With its architectural design, established grounds, generous landholding and privileged position within Far Horizon Park, 7 Foxglove offers a distinctive Wanaka lifestyle - private, spacious and designed to be enjoyed. Call the Donnelly Property Team on 0508 DONNELLY for more information or to view. Deadline Private Treaty (unless sold prior) 1pm, Thu 29 Oct 2026, 62 Ardmore Street, Wanaka
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $1,125 × 52 weeks = $58,500, against the council valuation of $4,300,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $2,158 | 1% |
| From its value what rentals in the area typically yield | $1,114 | 99% |
We read this property as a house with 5 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 7 Landsborough Lanerealestate.co.nz ↗ | 4 | $1,150 | $2,158 | Oct 2026 | 3.8 km |
These are computer-generated guides only, not a rental appraisal.
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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.
7 Foxglove Heights as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $1,125 | ||
| Property manager | ||
| Rent, 52 weeks | $58,500 | |
| 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 | $48,150 | |
| Interest $3,010,000 at 6.00%, interest only | −$180,600 | |
| Cash flow before tax | −$132,450 | |
| Cash flow a week | −$2,547 | |
| Gross / net yield on the price | 1.4% / 1.1% | |
| Return on equity cash flow on the deposit, before tax | −10.3% | |
| Loses money above this interest rate, before tax | 1.60% | |
The rent covers the interest at rates up to 1.60%. That is -10.3% a year on a $1.29m deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area317 m²
- Land area4,099 m²Boundary measures 1.65 ha
- Decade built2000s
- Bedrooms5
- Bathrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29053-75434
- Valuation date1 Sep 2024
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 number10688
- Title typeFreehold
- Legal descriptionLot 13, 47-48, 50 Deposited Plan 302776; Lot 45 Deposited Plan 302776
- Addresses on this property2
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.
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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 Wānaka
22 people looked at properties in Wānaka this week.
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
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