This modern five bedroom, three bathroom residence is positioned just above the shores of Lake Wakatipu in one of central Queenstown's most sought-after streets: The Terrace.Set over multiple levels, the home boasts spectacular lake and mountain views of many of Queenstown's iconic landmarks (Skyline, Walter and Cecil Peaks, Kelvin Heights Peninsula and the Remarkables mountain range).With ample accommodation and generous living options on all levels, the home offers brilliant proportions for families or holiday-makers.The main living space is open-plan and facilitates brilliant entertaining. Whether you choose to dine indoors or al fresco, rest assured the well-appointed kitchen will aid your culinary creations. The living area has a gas fire for ambiance and has large picture windows to maximise light and the stunning alpine backdrop. The bi-fold doors seamlessly merge "outdoors" with "in" and the spacious deck will become an extension of the living area. Watch the boats go by and in the evening, enjoy a spectacular sunset from the warmth of your spa pool.The master suite is on the upper level for privacy and enjoys magnificent views - there is a double built-in robe and tiled en-suite with bath. On the lower level there are four double bedrooms with built-in robes and two additional bathrooms (one en-suite).There is plenty of additional living space including a rumpus room on the lower floor and a sunny conservatory. Other bonuses include double glazing, excellent heating, a separate office, separate laundry and garaging.The location speaks for itself - incredible convenience to the action and excitement of central Queenstown and just a short walk down to the lake front.This property is an ideal 'lock and leave' holiday home, rental investment or permanent abode. Please call the exclusive listing agents for more information - this presents an excellent opportunity to secure a special position to be enjoyed by you, your family and friends for years.