363 Peninsula Road, Kelvin Heights, Queenstown Lakes

Lakefront without compromise

A singular opportunity to own contemporary design on Kelvin Heights' tightly held lakefront. Moments like this are rare — a contemporary waterfront home, crafted for connection, comfort, and the rhythm of lakefront living.

Set along the tranquil shores of the Kelvin Heights waterfront, 363 Peninsula Road occupies a prized site held within the same family for over 30 years. Designed by Swiss-French architectural designer Yves Trussel and completed in 2012, the home is defined by clean, simple lines and understated elegance, paired with carefully curated comforts — a rare and enduring sanctuary.

Architecturally restrained in a modern form to let the extraordinary waterfront setting take centre stage, the home's simplicity is its strength — allowing the lake and mountains to define the experience. Positioned against the glassy waters of Lake Wakatipu with a front-row view to Ben Lomond's alpine skyline, panoramic lake and mountain views unfold from every room, shifting gently from sun-drenched mornings to golden twilight evenings.

Privately located at the end of a quiet right of way, the home's elevated position and solid construction offer both presence and privacy. Floor-to-ceiling glazing on the lake side reveals uninterrupted vistas, while the façade has been purposefully designed to create depth and interest — with balconies and structural forms protruding outward at varying levels to cast shadows and play with natural light. The use of natural materials and earthy tones ties the home to its alpine setting, complementing the mountainous landscape.

Inside, the home is configured with both family and guests in mind. On the lower level, a private primary suite is discreetly hidden behind an integrated pivot door — a calming retreat that opens directly to the terrace. Adjacent, a dedicated media room offers cinematic scale and separation. The open-plan kitchen, dining and living area anchors the home — a central gathering place for everyday life and elegant entertaining alike. A bespoke bar cabinet and fridges, subtly concealed within the living space cabinetry, bring function and finesse to the art of hospitality.

Stacking glass doors extend the space onto a generous lake-facing terrace, complete with adjustable louvres, integrated infrared heating, and a built-in BBQ and dining area — setting the scene for long lunches, late evenings, and memorable gatherings with friends and family. Perfectly suited for all-day sun and spectacular twilight evenings, this is outdoor living at its finest.

A heated pool and mature plantings create a private retreat, while established trees provide natural screening from the lakefront trail without obstructing the view.

Upstairs, a guest suite with kitchenette offers privacy and independence for longer stays. The remaining bedrooms are expansive, each with a private balcony and panoramic alpine views. A bespoke home office and sculptural staircase complete the upper level.

Throughout the home, thoughtful details elevate the experience — from the concealed pivot door and walk-in chiller to the separate internal entry from the garage into the scullery — immediately leading you down to the home's outdoor centre stage.

Constructed with solid materials and externally insulated, the home holds internal thermal mass — offering energy efficiency and year-round comfort. With underfloor heating, electric blinds, gas fireplace, security system, a generous garage with ample storage and guest parking, every detail has been considered.

From your terrace, step directly onto the lakeside walking and biking trail, with Kelvin Heights' golf course, boat ramp and water taxi just moments away.

This is lakefront living as it should be — rare, refined, and ready to enjoy.

Being sold by way of Deadline Private Treaty, closing 4pm, 11 March 2026 (unless sold prior).