54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Hero Image
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54
Korora Road
Waiheke Island | Auckland

The Fabric of

Mediterranean Living

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Pene Milne
Pene Milne
Presented At
$13,500,000
Bedrooms
4
Bathrooms
4
Living
3,176
SQFT
Fireplace
Air Conditioning
Washer Dryer
Bar
Garage
Terrace
Balcony
Garden
Private Beach
Pool
Playground
Water View
Coastal
Sea View
Oceanfront
Waterfront
Mountain View
Privacy
Equestrian
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 1
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 2
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 3
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 4
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 5
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 6
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 7
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 8
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 9
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 10
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 11
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 12
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 13
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 14
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 15
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 16
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 17
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 18
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 19
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 20
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 21
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 22
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 23
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 24
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 25
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 26
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 27
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 28
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 29
54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. - Photo 30
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54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand. , Waiheke Island , Auckland

54 Korora Road

Offered for the first time in 54 years, this extraordinary Waiheke waterfront estate represents one of the island’s most exclusive opportunities.

Comprising approximately 4.4458 hectares, around 11 acres, (more or less) of gently rolling, arable pasture, the property flows down to its own private bay — part of the celebrated ”W” bay. Here, a wide coastal frontage reveals a shoreline of golden sand, natural rock pools, and crystal-clear azure water. This is the ultimate coastal playground, a place where children and grandchildren will return every summer.


Location of Distinction

So rarely does a holding of this scale and character come available so close to Matiatia ferry terminal and Oneroa village. The convenience of access, combined with privacy and seclusion, makes this property unique even among Waiheke’s most coveted addresses. From here, you can simply launch kayaks from the bay, or drive your Sea-legs a short distance along the road onto Oneroa Beach — and off you go fishing, diving, or exploring the Hauraki Gulf.


The Residence & Land

A warm and inviting farmhouse sits at the heart of the estate

  • with four bedrooms
  • including a guest studio with sitting room, bedroom and bathroom, sun
  • a place to create a legacy, and a privilege to own.</p>

Exterior

Property

Gallery

3D Street View Tour

Map showing 54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand.

Property Location

54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand., Waiheke Island Auckland

Local Weather & Climate

Waiheke Island, Auckland

Current Conditions Updated recently
61 °F
Clear sky
Feels Like 61°F
Humidity 87%
Wind 6 mph
Visibility 6.2 mi
Sunrise 6:13 PM
Sunset 6:47 AM
5-Day Forecast
Mon 9 Mar
Clear
High 65°
Low 61°
Tue 10 Mar
Clouds
High 67°
Low 64°
Wed 11 Mar
Rain
High 67°
Low 64°
Thu 12 Mar
Clouds
High 69°
Low 68°
Fri 13 Mar
Rain
High 69°
Low 62°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Waiheke Island?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

NZ$
%
NZ$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Waiheke Island. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $13,500,000 20% down ($2,700,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$1,160
$1,160/day
Your home may appreciate while you sleep
$8,143/week $35,285/mo $423,419/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$7.4M
vs
OWN 📈 +$10.5M
$10.5M Potential Equity
vs $7.4M lost to rent over 10 years
$2.7M Down Payment Growth
3.9x
10yr
$10.5M
8.1x
20yr
$21.8M
12.6x
30yr
$34.1M
Wealth Comparison
×81
Equivalent to 81 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $34.1M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $15.9M +18%
Market $18.4M +36%
Optimistic $21.2M +57%
$10.5M est. equity
20 Years
Conservative $18.7M +39%
Market $25.0M +85%
Optimistic $33.3M +147%
$21.8M est. equity
30 Years
Conservative $22.1M +63%
Market $34.1M +153%
Optimistic $52.4M +288%
$34.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 54 Korora Road, Waiheke Island, AUK, Waiheke Island, Auckland, New Zealand features 4 bedrooms with 3,176 square feet of living space.
This property offers 3,176 square feet of living space.
This property is listed at $1,350,000,000, which equals $425063 per square foot.
Based on current market indicators, Waiheke Island shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Waiheke Island, Auckland. The property is situated in an established neighborhood with convenient access to local amenities and services.
Pene Milne

Pene Milne

New Zealand Sotheby's International Realty

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