PHOTO: The home at 2-4 Pinnacle Place was built in 2013 by an Australian family from Queensland. SIPPLIED

Queenstown Estate Expected to Fetch $35 Million

One of New Zealand’s most prestigious luxury homes is about to be offered to the market, with industry experts expecting it to achieve around $35 million.

If it reaches its anticipated sale price, the extraordinary Queenstown estate is likely to become one of the country’s highest residential property sales of 2026, reinforcing the Southern Lakes region’s reputation as New Zealand’s premier luxury property destination.

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A Landmark Southern Lakes Estate

The sprawling 4,065sqm estate is being marketed by New Zealand Sotheby’s International Realty, with Managing Director and listing agent Mark Harris describing the property as a true legacy home.

According to Harris, the residence is architecturally significant and offers an exceptional combination of privacy, craftsmanship and breathtaking alpine surroundings.

“It’s a masterpiece crafted from the highest quality materials, offering exceptional privacy while remaining effortlessly accessible,” Harris said.

“This is undoubtedly one of the country’s finest estates and represents the very best of luxury living in the Southern Lakes.”
An outside view of the property. (Source: Supplied)

Luxury Features Throughout

Designed by renowned architectural firm Mason & Wales, the impressive 1,115sqm residence offers every conceivable luxury, including:

Five spacious bedrooms
Six designer bathrooms
Multiple formal and informal living areas
A luxury entertaining bar
Private home cinema
Library
Sunroom
Temperature-controlled wine cellar
Sculptural spiral staircase
Separate guest accommodation

Every element of the home has been designed to maximise comfort, privacy and spectacular views across the Queenstown landscape.

A bedroom at the property. (Source: Supplied)

First Time Offered Locally

Although the property has previously been discreetly marketed to selected international buyers through the global Sotheby’s International Realty network, this marks the first time it has been formally offered to both New Zealand and Australian buyers.

Co-listing agent Myles Green said the estate has already attracted considerable international interest.

However, he believes the ideal purchaser will likely have a strong appreciation for both Queenstown and New Zealand.

“Due to the unique scale and provenance of the estate, it ideally warrants a buyer with a strong connection to Queenstown and New Zealand to fully appreciate its significance,” Green said.
The property is being listed for the first time on the New Zealand and Australian market. (Source: Supplied)

Among New Zealand’s Most Expensive Homes

While the expected $35 million sale price would make it one of the country’s biggest property transactions this year, it would still sit below New Zealand’s current residential record.

That benchmark was set in 2023, when a 19-hectare Queenstown estate sold for $45.5 million, highlighting the continuing strength of the luxury property market in the resort town.

Views from the estate in Queenstown. (Source: Supplied)

Sold by Negotiation

The exclusive property is being offered by negotiation, with strong interest expected from high-net-worth individuals seeking an exceptional New Zealand retreat.

As demand for premium Southern Lakes real estate continues, the estate is expected to attract attention from both domestic and international buyers looking for one of the country’s finest luxury homes.