A Hilltop Mansion Above New Zealand’s Picturesque Lake Wakatipu Lists for $22.8 Million

Snow-capped mountains and pristine glacial lakes define the dramatic landscape of Otago, a region on New Zealand‘s South Island that is home to the scenic resort town of Queenstown. This picturesque lakeside destination is increasingly attracting affluent foreign buyers, drawn by the stunning natural beauty and newly relaxed Golden Visa program. A spectacular residence within The Peak, an exclusive gated community, is now on the market for NZ$40 million (approximately US$22.8 million), offering breathtaking vistas of the natural surroundings.

Perched atop Queenstown Hill, the modern chalet-style residence dubbed Pinnacle Place presides over about an acre of land with five bedrooms and bathrooms spread across more than 12,000 square feet of interiors that seamlessly frame Lake Wakatipu’s calm waters, as well as Cecil and Walter Peak. Myles Green and Mark Harris of New Zealand Sotheby’s International Realty hold the listing.

A five-car garage sits at the top of the winding driveway, where the home’s facade stands accented by reclaimed kauri timber and schist stone. Bold design details like raised wall paneling and slate flooring lead into the home from the foyer. Opposite the sculptural spiral staircase, residents can venture into the library with a vaulted ceiling and its own staircase that leads to a landing for a special bird’s-eye view.

Elsewhere, the main living area, featuring one of over four fireplaces throughout the hilltop retreat, provides the perfect setting for entertaining. Adjacent to this space, the dining room offers sweeping mountain and lake views, while the nearby kitchen is a culinary dream, complete with stainless-steel appliances, practical pullout cabinetry, and a skylight illuminating the central island.

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A primary bedroom wing grants owners access to two suites, each with a private bathroom and walk-in closet and towering cathedral ceilings that allow an abundance of sunlight to stream in. A secluded guest wing provides access to another en-suite bedroom with a walk-in closet, plus an adjoining private lounge. Additional amenities located around the residence include a bar set next to a screening area, as well as a home theater and curated wine cellar.

The best place to watch the sunset, however, is the covered patio, where there are stunning views of Queenstown and the surrounding landscape, as well as a fireplace to stay warm year-round. 

Click here for more photos of the hilltop residence in New Zealand.