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1 Capell Avenue, Wanaka OTA, 9382

Property typeLand

Overview

Active

Listed Sep 30, 2026

Updated 13h ago

Falcon Rise is a boutique development of just twenty elevated sites - each offering outstanding, uninterrupted views of Lake Hawea and surrounding mountains. This special site, which has long been a cornerstone of the local community, is now ready for a new chapter - one that honours a rich past while embracing a vision for the future. The existing Lake Hawea Hotel will be removed and rebuilt 200 meters closer to the community centre, and the land recontoured and terraced to ensure each homeowner's views are protected. Well known for its pristine, crystal-clear waters, and epic mountain views, Lake Hawea is emerging as the rising star of the Southern Lakes region. Loved generationally for its unspoiled charm and wild vistas, this is a much-desired location for nature lovers, artists and outdoor enthusiasts. A new town centre is planned with shops, cafes, sports facilities, and businesses opening around the existing close-knit community. Hiking, biking, world-class fishing, kite surfing, kayaking, golf, tennis, bowls, boating, and a lovely kid's playground are all less than 10 minutes' walk from the Falcon Rise sections. Part of the unspoiled charm of Lake Hawea is that properties with lake views are tightly held and rarely come up for sale. This an exceptional and limited opportunity – don’t miss out! Priced from $1.7m. Lot 1 - $2,000,000 Lot 2 - $2,000,000 Lot 8 - $1,800,000 Lot 9 - $2,000,000 Lot 19 - $2,200,000 Lot 20 - $1,700,000 *Boundary lines indicative only *Some images are digital renders *Solds are subject to Title Important: Properties displayed in this section may be marketed as potentially suitable for overseas purchasers. However, this does not constitute confirmation of eligibility, approval, or suitability for any individual buyer. All overseas purchasers remain subject to New Zealand’s overseas investment laws, including the Overseas Investment Act 2005, and may require consent from the Overseas Investment Office. You must obtain your own independent legal, financial, and technical advice and secure any necessary approvals before proceeding with a purchase.

 Courtesy of Luc Ravel | New Zealand Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 2:08 AM UTC, 10/13/2026

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