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241 Letts Gully Road, Alexandra, Central Otago, Otago, 5 Bedrooms, 3 Bathrooms, Lifestyle Property

$1,945,000

241 Letts Gully Road, Alexandra, Central Otago, Otago

5
3
3
360m2
33195m2
Lifestyle PropertyListed on Fri Dec 1
3D Viewschool zone
$11,555/Monthly repayments
Based on estimate value
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Alexandra Highly motivated vendors - rare Otago opportunity

Discover an extraordinary property via an impressive, gated entryway, where a winding driveway leads to a splendid home. This exceptional estate not only offers luxurious living but also incorporates a thriving high-end accommodation business.

Upon arrival, you're greeted by the owners’ accommodation, featuring a spacious, modern kitchen seamlessly connected to an open-plan lounge/dining area. This space boasts two bedrooms, a bathroom, and a separate laundry.

The guest entrance doubles as a wine-tasting area that opens to a grand dining room and adjacent guest lounge with a welcoming open fireplace. A cosy media room and underground wine cellar add to the allure of this property.

Three well-appointed guest bedrooms await, including one with an ensuite bathroom, while the other two share a bathroom - a perfect setup for accommodating families or groups traveling together, ensuring comfort and privacy for all.

Outside, an inviting dining/entertaining area overlooks a well-maintained garden and vineyard planted with Pinot Noir grapes in 1994. The estate even boasts free-range chickens and a large vegetable plot, providing fresh eggs and vegetables for all.

Plans are in place for expanding the accommodation business with standalone, self-contained units nestled within the vineyard. The property includes ample guest parking, garaging, and a spacious farm equipment barn.

Having cherished this property for nearly two decades, the current owners are ready to embark on a new journey, presenting a remarkable opportunity for visionary buyers. With immense potential for growth and a captivating setting, this property awaits new owners to elevate it to new heights.

Experience the charm and elegance of this remarkable property firsthand. Viewings are available by appointment only, so please contact us and take the first step towards owning a piece of unparalleled luxury and hospitality.

Please note - price is plus GST (if any)

**CLICK ON THE 3D ICON TO TAKE A WALKTHROUGH**

Location

Estimate update: 2024 05Data Disclaimer
Low$1,700,000
Mid$1,755,000
High$1,810,000

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Council Data

Last update : 2024 05 15
Improvement value$1,370,000Increased by 23% from year 2019
Land value$530,000Increased by 47% from year 2019
CV(Year 2022 Month 10)$1,900,000Increased by 29% from year 2019
土地面积
土地面积33195m²
建筑面积
建筑面积360m²
建造年代
建造年代1990
地契编号
地契编号922780
地契类型
地契类型Freehold
法律描述
法律描述LOT 1 DP 544608
市议会
市议会Otago
产权描述
产权描述FSIM,1/1,LOT 1 DEPOSITED PLAN 544608
建筑规格
建筑规格External Walls: Roughcast Roof: Iron
建筑现况
建筑现况External Walls: Good Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
The Terrace School (Alexandra)
2.57 km
Primary
1-8
Government
Co-Educational
EQI: 437
8

Property history

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For developers

Unitary plan:-
Land:33195m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
Promote

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
154 Hillview Road
0.79 km
5
2
250m2
Year 2024 Month 05 Day 02
$1,425,000
Council approved
446 Letts Gully Road
2.06 km
4
2
219m2
Year 2024 Month 03 Day 12
$1,287,000
Council approved
0.34 km
3
165m2
Year 2024 Month 02 Day 15
$1,095,000
Council approved
2.03 km
4
276m2
Year 2023 Month 12 Day 09
$2,100,000
Council approved
1.03 km
3
1
80m2
Year 2023 Month 12 Day 01
$620,000
Council approved

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Ref:4521231Last update:2024-05-10 15:25:44