One of Queenstown’s grandest rural homes is on the market for the first time.
The two-storey, 740 square metre, six-bedroom Dalefield home is listed with Harcourts Queenstown realtor Duncan Brown for an eye-watering $5,880,000.
Down a long tree-lined driveway off Lower Shotover Road, the 1.6 hectare property is part of the Cloverdale Estate subdivision created by Queenstowners Deborah and Craig Allan.
The home was built about 10 years ago for the owner, who’s now shifting north, by local Walter LePage.
Brown describes it as “presidential” because the frontage, with its pillared entryway, looks like the White House – the United States president’s historic residence and workplace in Washington D.C.
It could also be likened to an English stately home.
The ground floor, with a grand entrance hall which can be viewed from upstairs, includes a large study, formal lounge, sun room, family room, conservatory and formal dining room.
It also has a large, well-appointed kitchen, wine cellar, laundry and crescent-shaped master bedroom with his-and-hers ensuites and generous dressing rooms.
There’s also an expansive four-car garage and a spa pool.
The two floors are connected by a sweeping staircase.
Upstairs comprises four bedrooms with ensuites and dressing rooms, a media room, a kitchenette and a self-contained apartment suitable for on-site help.
Brown believes the price-tag is reasonable because it’s below replacement cost.
“The average build cost now is $6000 per square metre and land that size would be $2m, so it would be like $7m to replace.”
Though currently a family home, it would also suit a number of business opportunities, Brown says, like a bed and breakfast, a wellness or recovery retreat or a film production office.
“It’s so big you could have a lot of people either working or living there.
“You could also have tremendous parties – you could have 100 people upstairs and 100 downstairs.”
The grounds are also beautiful, spacious and manicured.
There’s a paved patio featuring a large BBQ, a spa, and a seating area overlooking a sprawling lawn with tennis and petanque courts.
Along with the property’s privacy, it also offers unparalleled views in every direction, Brown says.
It’s close to Arrowtown, two skifields, the Queenstown CBD and Frankton and the airport.
The property was listed last week.