- A Queenstown ski lodge is listed for $35m, targeting wealthy New Zealand and Australian buyers.
- The property, with five bedrooms and luxury features, could become Queenstown’s second-most expensive home.
- Mark Harris of Sotheby’s reports interest from international buyers, highlighting its exclusivity and quality.
Wealthy New Zealand and Australian buyers are waking up to a new listing in Queenstown: a mansion-like ski lodge with a $35 million price tag.
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The sprawling five-bedroom trophy home at 2-4 Pinnacle Place had already been pitched to international buyers, but NZ Sotheby’s was waiting for the start of the Australasian ski season to bring it to the domestic market.
A sale at $35m would make it the second-most expensive property in Queenstown, a mere $10.5m behind the $45.5m paid in 2023 for the 19ha garden estate of Chantecler, on Lower Shotover Road.
The property is eligible for foreign investors with the so-called golden visa, and New Zealand Sotheby’s International Realty managing director Mark Harris said he had already fielded enquiries from buyers from Switzerland, Japan, Australia, the USA, and Germany.
“We always envisaged that there would be a lot of interest from AIP [Active Investor Plus] visa holders,” he told OneRoof.
The property boasts views of Lake Wakatipu and Walter and Cecil Peaks. Photo / Supplied
The music room and library soak up the sun. Photo / Supplied
Harris sold the pair of sections that the house sits on to the Australian owners in 2010. They had commissioned the alpine-style stone and reclaimed kauri house from award-winning architects Mason and Wales, a three-year build that finished in 2013.
“They just nail that Queenstown look, really.”
The size of the house made it a rare find in town, Harris said, and the quality of the build justified its $35m price tag. “I would have to say it is probably the best-built home I’ve seen in New Zealand,” he said.
“The amount of detail in the property, the engineering behind it, the position, the views, the exclusivity ... the cost of [the land and building it today] would be more than $35m.”
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The property, one of 11 homes in the exclusive gated estate at Pinnacle Place, comes with dual master suites for the primary bedroom, lavish guest rooms, and views over the town to Cecil Peak, Walter Peak, and the Remarkables.
It features a sculptural steel staircase, a lift, a music room and library, a wine cellar, a home cinema, an outdoor fireplace and even a luxury garage for up to eight cars.
Harris told other media that the vendors were selling up now that their children had grown up and no longer went on family ski trips together.
Sales above $30m in Queenstown are rare. This year’s highest settled sale price in the district is $16.5m, for a trophy lodge on Mooney Road, in Speargrass Flat. The five-bedroom retreat, which sits on a 4.6ha section and comes with a tennis court, an outdoor pool, triple-car garaging, and a putting green, first hit the market in June 2025 and had an RV of just over $11m.
Harris's team has cracked $30m, though. Two years ago, they sold a pair of apartments off-the-plan to a single buyer for $33m.
Chantecler, on Lower Shotover Road, in Queenstown-Lakes, fetched a record-breaking $45.5m in 2023. Photo / James Allan
Queenstown’s biggest sale so far this year: $16.5m paid for a luxury lodge on Mooney Road, in Speargrass Flat. Photo / Supplied
The buyer, who splits their time between Queenstown and North America, bought a five-bedroom penthouse and a sub-penthouse in the $2 billion Lakeview Te Taumata development for themselves and their family.
Four years ago, another luxury property on Pinnacle Place hit the market with a $35 price tag. The six-bedroom stone and glass house was also designed by Mason and Wales Architects and was known as Stelvio, after the mountain pass on the Italian Swiss border.
The listing agent said it had been rented out at $30,000 a night to guests, including a Bitcoin billionaire, a soccer superstar, and an Oscar-winning singer-songwriter. It was withdrawn from sale a year later.
- 2-4 Pinnacle Place, Queenstown, is for sale, price on application
