Karewa Parade

Bay of Plenty | Bay of Plenty

A Portrait of

Polished Living

View Photos Watch Film 360° VTour Open House

Richard Wright

Presented At

$5,000,000

Bedrooms

Bathrooms

Fireplace

Open Kitchen

Kitchen island

Garage

Outdoor Living Space

Fire Pit

Beachfront

Waterfront

Ocean View

Panoramic / Scenic View

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113

Karewa Parade

Bay of Plenty | Bay of Plenty

113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand. , Bay of Plenty , Bay of Plenty

Papamoa Beach House

Poised on Papamoa’s sweeping coastline, this award-winning retreat by Herbst Architects is an exquisite study in restraint, materiality and connection to place. Recipient of the NZIA Waikato Bay of Plenty Architecture Award and a Master Builders Gold Award, the 224sqm (approximate) cedar-clad home stands as both a tactile sanctuary and a masterclass in coastal design. Crafted by Beachside Builders, the residence responds to its setting with authenticity and intention. Vertical batten sliders create an ever-shifting skin, layering privacy and solar control while revealing curated glimpses of the horizon beyond. The cinematic vista of Motiti Island and the Pacific Ocean is framed throughout, grounding the home firmly in its dune-side context. A palette of rich, natural materials flows across every surface from warm Kwila timber flooring to inky birch ply cabinetry, softening sharp lines and imbuing every room with intimacy. In the sunken lounge, custom seating invites lingering conversation, with stacking sliders opening wide to dissolve the boundary between inside and out. The kitchen is minimalist yet robust, anchored by a timbercomplete with a Stovax Riva fireplace and integrated log bayscontinues the homean evocative moment of stillness after a day spent in the surf. The galleryopen, textural, and evocative of barefoot summer living. Each bedroom opens outdoors, while the master suite, elevated on the top floor, commands panoramic views, a private balcony, dressing room, and a serene ensuite with full glazing to the courtyard. Thoughtfully landscaped for lowa retreat of integrity, atmosphere, and enduring beauty.

Exterior

Property

Gallery

3D Street View Tour

Property Location

113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand., Bay of Plenty Bay of Plenty

Local Weather & Climate

Bay of Plenty, Bay of Plenty

Current Conditions Updated recently

57 °F

Overcast clouds

Feels Like 56°F

Humidity 72%

Wind 5 mph

Visibility 6.2 mi

Sunrise 6:12 PM

Sunset 6:35 AM

5-Day Forecast

Sat 14 Mar

Clouds

High 60°

Low 60°

Sun 15 Mar

Clouds

High 72°

Low 57°

Mon 16 Mar

Clear

High 70°

Low 56°

Tue 17 Mar

Clouds

High 67°

Low 59°

Wed 18 Mar

Clouds

High 66°

Low 58°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Bay of Plenty?

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

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

NZ$

Down Payment

NZ$100,000

Interest Rate

Loan Term

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.
Tax benefit calculations are simplified estimates based on general assumptions for New Zealand. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on New Zealand tax year 2025 (fiscal year: April-March), rules effective from 2021. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$5,000,000

113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand.

Bay of Plenty, Bay of Plenty

4 Beds

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Market Opinion

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Our perspective on current market conditions in Bay of Plenty. 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.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $500,000,000 20% down ($100,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$42,965/day

Your home may appreciate while you sleep

$301,580/week $1,306,849/mo $15,682,183/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

-$275.1M

+$390.3M

$390.3M Potential Equity

vs $275.1M lost to rent over 10 years

$100.0M Down Payment Growth

3.9x

10yr

$390.3M

8.1x

20yr

$808.0M

12.6x

30yr

$1,262.8M

Wealth Comparison

×3,007

Equivalent to 3,007 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $1,262.8M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $588.8M +18%

Market $680.9M +36%

Optimistic $785.7M +57%

$390.3M est. equity

20 Years

Conservative $693.5M +39%

Market $927.3M +85%

Optimistic $1,234.8M +147%

$808.0M est. equity

30 Years

Conservative $816.7M +63%

Market $1,262.8M +153%

Optimistic $1,940.5M +288%

$1,262.8M est. equity

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

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

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

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand have?

This house at 113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand features 4 bedrooms.

What is the listing price for 113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand?

This property is listed at $500,000,000.

Is now a good time to buy a home in Bay of Plenty?

Based on current market indicators, Bay of Plenty shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 113 Karewa Parade, Bay of Plenty 3118, New Zealand, Bay of Plenty, New Zealand?

This is a house located in Bay of Plenty, Bay of Plenty. The property is situated in an established neighborhood with convenient access to local amenities and services.