This Abandoned Waterfront Village in New Zealand Could Be Yours for $1.8 Million
If the thought of having a charming lakeside village all to yourself appeals to you, check out this listing in New Zealand. As The Guardian reports, Lake Waitaki Village—an early-20th-century community that has sat practically abandoned for decades—is currently on the market for about $1.8 million.
Lake Waitaki Village was constructed in the 1930s to accommodate workers constructing the Waitaki Dam in southern New Zealand. The settlement continued to house people through the following years—boasting a population of 3000 at its peak—but since the dam became automated in 1989, it's been a virtual ghost town. The government sold Lake Waitaki to a private buyer in 1991, and in 1995 the village was declared a protected historical site. It's been bought and sold several times in recent decades.
The residents may have left the area, but Lake Waitaki Village still resembles a small community from the outside. The listing includes eight three-bedroom houses, nine garages, a lodge, a restaurant, and water rights—all on 35 acres of land. In addition to the real estate, the new owner will also get stunning views of the lake and surrounding mountains.
New Zealand recently passed a law forbidding foreign non-residents from buying homes in the country, but despite the new restriction, the village has received plenty of interest from potential buyers. If you live in New Zealand, even part-time, you can make an inquiry about the listing here.
[h/t The Guardian]