For Sale

48 Nereus Way, Glenorchy, Otago

$2,750,000

4
3
9
235 m²
1.99 ha.

Other

30+ days on the market

What's around 48 Nereus Way

Mountain Garden Retreat

Set in one of New Zealand's most breathtaking alpine landscapes, this exceptional rural property offers the perfect blend of privacy, lifestyle, and a short-term rental income opportunity. Located in a private enclave of similar lifestyle properties and elevated high above the road to Paradise – the setting of many Hollywood movie scenes, the home enjoys an enviable location surrounded by spectacular 360-degree mountain views. It offers a true sense of escape while remaining conveniently close to the Glenorchy township. Surrounding the well-appointed home, the beautifully established gardens create a peaceful, natural setting. Carefully planted with native New Zealand species, the landscaping is both striking and mature, allowing you to spend more time enjoying the environment rather than maintaining it. The large maze-style design gardens would keep the kids in their element for hours and hours. Adding further flexibility is a one-bedroom residential flat with its own living area, kitchenette, bathroom, and carport. With 365-day permitted use for visitor accommodation, this space presents options to generate additional income in this highly sought-after destination. Currently used to train, graze and house horses, the open space and room to further develop facilities is perfectly suited to those seeking a horse-friendly lifestyle. Whether you are searching for a private rural retreat, an equestrian lifestyle property, or a home with income potential in one of the South Island's most iconic settings, this Glenorchy property delivers a rare and compelling opportunity. Call today for a private viewing

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