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Off Market

392 Letts Gully Road

Letts Gully Otago

5
1
3
173 m²
1.92 ha.
Rural
Last sold for $855,000
Peter HishonPeter Hishon, last sold this property on 28 October 2026 after 119 days on market.

Overview

Lifestyle Opportunity Between Alexandra & Clyde

Positioned in a highly desirable lifestyle location between Alexandra and Clyde, this 1.92ha property offers space, privacy and potential in a picturesque Central Otago setting. Sitting above Letts Gully and surrounded by established trees and native plantings, the property enjoys a peaceful rural outlook while remaining within easy reach of both townships. The flat, fenced land is well suited to those seeking room for family living, animals or future projects. A shared bore supplies water to the property, while a dam adds further practicality and rural appeal. The five-bedroom home was originally built in 1965 and relocated from Queenstown to the site in 2006. Offering generous proportions and plenty of character, the home features rimu flooring throughout, diesel radiator heating, and three double-glazed French doors that open onto a large kwila deck — the perfect spot to enjoy the serenity. The home is being sold on an “as is, where is” basis, with partial recladding completed in 250mm schist veneer. The home retains its original wooden joinery and single glazing, presenting an opportunity for buyers to further enhance and add value over time. Accommodation is well catered for with five bedrooms, one bathroom and two separate toilets, making it ideal for larger families or those wanting flexible living arrangements. Outside, the improvements continue with a modern three-bay enclosed shed complete with concrete floor and power, ideal for storage, workshop space or hobbies. A separate lined single garage with manual door offers additional versatility and could easily function as a home office or studio. A rare opportunity to secure an affordable lifestyle property in a tightly held location with endless potential to make it your own. ** VIEWING BY APPOINTMENT **

Features

5 bedrooms
1 bathroom
3 carspaces
3 garage spaces
173 m² floor area
1.92 ha. lot size
Rural

Estimated Value

We need at least 3 similar 5 bedroom rurals sold in Letts Gully over the last 12 months.

Property history for 392 Letts Gully Road

2026
Sold
$855,000
Private Sale (EOI) on 28 Oct 2026 by Peter Hishon, of Tall Poppy Real Estate - Otago

Happy sellers in Letts Gully

87%
87% of sellers in Letts Gully reported that their sale price either exceeded or met their price expectations.

Letts Gully stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Letts Gully over the last 12 months.

Local market activity for 5 bedroom rurals in Letts Gully

In the last 12 months, 1 five-bedroom rural similar to 392 Letts Gully Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Letts Gully

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Jane Hoskins

Jane Hoskins is a recommended agent for Letts Gully.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (86 reviews)
  •  2 Reviews in Letts Gully
  •  3 Sales in Letts Gully
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Peter Hishon

Sellers who recommend Peter Hishon have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and well-prepared

  •   4.9   (326 reviews)
  •  1 Review in Letts Gully
  •  2 Sales in Letts Gully
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Rhys Chamberlain

Sellers who recommend Rhys Chamberlain have praised them for being clear communication, local expert, reliable, honest, dedicated, supportive and friendly

  •   5   (186 reviews)
  •  1 Review in Letts Gully
  •  1 Sale in Letts Gully
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Jo Tickle

Jo Tickle is a recommended agent for Letts Gully.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (65 reviews)
  •  1 Review in Letts Gully
  •  1 Sale in Letts Gully
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