21 Speargrass Flat Road, Speargrass Flat

Positioned on one of the most coveted rural addresses in Queenstown, this exceptional 4.8 hectare property on Speargrass Flat Road combines the grace of a mature estate setting with the flexibility of sought-after Wakatipu Basin Lifestyle Precinct zoning. A meandering, tree-lined driveway with extensive hand-crafted stone walls sets the tone on arrival - timeless, private and beautifully established. Elevated gently above the valley floor, the land enjoys wonderful sun and a picturesque outlook across a patchwork of rural holdings book-ended by Coronet Peak and The Remarkables. The existing older homestead, built circa 1995, comprises four bedrooms plus a two-bedroom loft apartment - providing immediate functionality for family living, or holding income. A character schist barn adds further versatility and appeal. While the current improvements offer comfort and utility, the true value of this property lies in its position, scale, and zoning - opening the door for future subdivision or the creation of a new residence and premium estate. Having secured water allocations under the proposed new Council scheme, 21 Speargrass Flat Road represents a prime opportunity to secure one of the Basin’s most desirable addresses.