37 Derwentlaken Rd, Otago is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1987. The property has a land size of 3140m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Otago in the last 12 months.
Imagine driving a short 15-minute commute home from your job in the CBD, stepping through your front door, and being struck by an overwhelming sense of awe. How about feeling this awe every morning when you first wake up? Or even while cooking dinner? This property will take your breath away at every moment of the day.Positioned on a generous 3,140sqm approx parcel of gorgeous riverfront land, this stunning architecturally designed, 318sqm approx home is strategically positioned to soak up sweeping views of the River Derwent and Mount Wellington (Kunanyi) from nearly every room. As you start to explore the four bedrooms, two kitchens, two bathrooms and generous indoor and outdoor living spaces, you will find that the sense of awe not only comes from the unbelievable views, but also from the house itself. Recent renovations accentuate the uniquely brilliant design, and make for a home that no one could get tired of.Its multiple living zones across three spacious levels make this property ideal for multi-generational families. This layout would also likely fetch fruitful returns as short-term accommodation, and separate entrances on each floor mean that this can be achieved while also comfortably living in the property.I'm sure by now you're thinking that this property can't possibly keep giving, well this is when I would ask you to step outside, and follow me down to the edge of the River Derwent. Lay back in the hammock, and bask in the tranquil sounds of the waves gently kissing the river's edge, or step down onto the shore with your kayak and go for a paddle.If this sounds like the type of lifestyle that would suit you, be sure to get in touch soon before it suits someone else.**The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of total area. The population of Otago in 2016 was 554 people. By 2021 the population was 596 showing a population growth of 7.6% in the area during that time. The predominant age group in Otago is 60-69 years. Households in Otago are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Otago work in a professional occupation.In 2021, 89.30% of the homes in Otago were owner-occupied compared with 92.50% in 2016.
Otago has 271 properties. Over the last 5 years, Houses in Otago have seen a 50.54% increase in median value. As at 31 January 2026:
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