Dalefield/Wakatipu Basin, Queenstown

Set within approximately 1 hectare of established grounds, proposed Lot 1 at Speargrass Park provides an opportunity to secure a substantial lifestyle holding within this newly created enclave.Framed by mature landscaping, a feature pond and approximately 130 metres of hand-laid stone walls, this lot carries an immediate sense of permanence and character.The setting is already beautifully established, providing a strong foundation for a future residence with genuine presence and excellent winter sun.Architectural house plans have been prepared for a substantial schist-clad four-bedroom home, designed to sit comfortably within the landscape and reflect the Central Otago vernacular. Floor area is 334 sq m and includes generous living spaces, extensive three car garaging and a large loft suitable for a multitude of uses. At the current build estimate, this bespoke home design offers a house and land package at just $5,500,000.Buyers have the option to secure the land first and take further time to refine, develop or personalise the design to suit their own requirements. Alternatively, a build contract is available, offering certainty for purchasers seeking a clear pathway to completion.Positioned between Queenstown and Arrowtown and in the heart of the Wakatipu Basin, Speargrass Park offers excellent access to local amenities including Coronet Peak, Ayrburn, Arrowtown and the vast network of cycle trails.Title is anticipated late 2026 so this site can be secured for $3,100,000 with a 10% deposit today.*Renders are based off actual house designsImportant: This property may be marketed as suitable for overseas purchasers. However, this does not constitute confirmation of eligibility, approval, or suitability for any individual buyer. All overseas purchasers remain subject to New Zealand’s overseas investment laws, including the Overseas Investment Act 2005, and may require consent from the Overseas Investment Office. You must obtain your own independent legal, financial, and technical advice and secure any necessary approvals before proceeding with a purchase.