Listed: Tue, 29 Apr

Subdivision Gold • Premium Location • Home...

260 Ripponvale Road, Cromwell, Central Otago, Otago

Enquiries over $2,700,000

3 Beds
1 Bath
1 Living area
160m² Floor
5.80ha Land

Other Features

1 Separate toilet

Attribute	Value
Property type	Dwelling
Capital value (CV)	$2,400,000
Agency reference	CRO41517

A rare offering on Ripponvale, this property's true value lies in its significant subdivision potential-an exceptional opportunity so close to Cromwell township. With land in this location becoming increasingly scarce, the ability to subdivide makes this one of the most strategic and future-focused lifestyle properties currently available. Set just minutes from town, the elevated 3-bedroom plus office home enjoys sweeping rural, urban, and mountain views from its private, sun-soaked deck. Key assets adding to the subdivision appeal:

Valuable, flexible land parcel in a high-demand growth area
Two-bedroom sleepout/flat providing instant income while you plan development
Three-car garage offering excellent storage for future build projects
Consistent-producing 4-hectare cherry orchard delivering reliable revenue to support holding costs
Additional support buildings This property stands out not just for its lifestyle benefits-but for its future development upside. Whether you're a buyer seeking long-term capital gain, a developer looking for the next opportunity, or a lifestyle purchaser wanting options, this address delivers it all.

Open home times

No times scheduled

Property Files

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Local Schools

IN ZONE goldfields school (cromwell)
Gilling Place
2.9 km
Contributing (Primary), State, 308 enrolled
UNZONED cromwell college
Barry Avenue
3.5 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 692 enrolled
OUT OF ZONE cromwell primary school
Molyneux Avenue
4.2 km
Contributing (Primary), State, 389 enrolled

OUT OF ZONE clyde school
25 Blyth Street
21.2 km
Full Primary (Primary & Intermediate), State, 163 enrolled
OUT OF ZONE arrowtown school
9 Chalmers Place
26.7 km
Full Primary (Primary & Intermediate), State, 429 enrolled
OUT OF ZONE the terrace school (alexandra)
Marslin Street
29.1 km
Full Primary (Primary & Intermediate), State, 273 enrolled
UNZONED dunstan high school
Enterprise Street
29.2 km
Secondary (Year 9-13) (Secondary), State, 588 enrolled
OUT OF ZONE shotover primary school
57 Stalker Road
29.7 km
Full Primary (Primary & Intermediate), State, 593 enrolled
UNZONED wakatipu high school
47-49 Red Oaks Drive
31.7 km
Secondary (Year 9-13) (Secondary), State, 1451 enrolled
UNZONED liger leadership academy
Unit 10 34 Grant Road
32.2 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 52 enrolled
UNZONED mt aspiring college
101 Plantation Road
39.6 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 1288 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.