392 Letts Gully Road, Letts Gully, Central Otago, Otago

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.