There isn't very much review on the net about Clearwater B&B in Fox Glacier. We found this place from Fox Glacier website, and decided to go with them after recommendation from Minnes0taGal.
The property is very close to Lake Matheson, but around 3KM from the township. It is not that far, if you have your own transport.
The host, Peter and Jacinda are both very friendly. The rooms are clean and have spectacular view of the farm and mountain range. There is one bathroom and separate toilet to be shared by 3 rooms. Continental breakfast was provided.