Key Takeaways
- Ryecroft Cottage, a historic lifestyle property in Queenstown’s Gibbston valley, is for sale
- The property combines historic charm with contemporary comfort and features a unique blend of old and new
- The property has garnered significant interest from potential buyers, including expats and east coast Australians
- The sales price is expected to be in the early $3 million range
- The property features a beautiful selection of fruit trees, a triple-sized garage, and an attached studio that can act as a fifth bedroom
Introduction to Ryecroft Cottage
Ryecroft Cottage, located in the picturesque Gibbston valley in Queenstown, is a lifestyle property that offers a unique blend of historic charm and contemporary comfort. Built in the 1870s for an Irish immigrant family, the cottage has a rich history and has been carefully maintained and updated over the years to provide a comfortable and modern living space. The property’s location, near Gibbston Valley Wines and the Kawarau Bridge, makes it an ideal spot for those looking to experience the best of Queenstown’s natural beauty and amenities.
The Property’s History and Development
The original cottage was built in the 1870s, and over the years, various additions have been made to the property. In 1910, a lean-to was added, which now serves as a farmhouse-style kitchen. In the early 2000s, the then owners added two bedroom wings and planted a variety of fruit and nut trees on the 4646 square meter property. Today, the property features a triple-sized garage, an attached studio that can act as a fifth bedroom, and a shed. These additions have enhanced the property’s functionality and livability while maintaining its historic charm.
Market Interest and Sales Expectations
According to David Penrose, senior sales associate at New Zealand Sotheby’s International Realty, Ryecroft Cottage has generated significant interest from potential buyers, including expats and east coast Australians. Penrose attributes this interest to the property’s uniqueness and its ability to offer a point of difference in today’s market. The property’s great indoor-outdoor flow, beautiful selection of fruit trees, and immaculate presentation have all contributed to its appeal. Penrose expects the sales price to be in the early $3 million range, reflecting the property’s unique character and desirable location.
The Owners’ Perspective
Rose Cross, who has owned the property along with her husband Geoff McDonald for eight years, has a deep affection for Ryecroft Cottage. She loves the fact that visitors to the property often fall in love with it just as much as she and her husband do. Cross appreciates the property’s history, its reasonably low-maintenance requirements, and its modern amenities, including a nice kitchen and bathrooms. She hopes to find a buyer who will appreciate the property’s unique setup and character, and who will continue to enjoy and care for it as much as she and her husband have.
The Property’s Lifestyle Appeal
Ryecroft Cottage offers a unique lifestyle opportunity for those looking to experience the best of Queenstown and Arrowtown. The property’s location, within walking distance of a coffee shop and restaurant, makes it an ideal spot for those who want to be connected to the local community. The property’s beautiful gardens, complete with a variety of fruit trees, provide a peaceful and private oasis, perfect for relaxing and enjoying the surroundings. With its unique blend of historic charm and contemporary comfort, Ryecroft Cottage is an attractive option for those looking for a lifestyle property that offers something truly special.