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4 Beds
3 Baths

$3,086,400

Lot 1 Speargrass Park, Queenstown OTA

Property typeLand

Overview

Active

Listed Aug 3, 2026

Updated 19h ago

SOLD | 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 designs

Additional information

MLS® ID
QBS14103
Available since
August 3, 2026

 Courtesy of Matt Finnigan | New Zealand Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:20 AM UTC, 10/11/2026

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