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Lifestyle and Hospitality Opportunity

Bayleys Wairarapa ERL, (Licensed: REAA 2008)

Listed 11 Sep

836 State Highway 2, Masterton, Wellington

Price by negotiation

Bed4
Bath4
Parking2
Land area3.30 hectares
Floor area428m²

Details

4 bedrooms
4 bathrooms
3 Lounges
2 Garage parking
Dwelling
Property interior
Property interior

Lifestyle and Hospitality Opportunity

A secluded Wairarapa property combining heritage charm with a working accommodation business is drawing attention as demand for high-end rural tourism experiences continues to grow. Ranginui Retreat, set on approximately eight acres of landscaped countryside, operates as an established boutique accommodation offering catering to both international and domestic visitors seeking privacy, nature and personalised service. The property features a restored 19th-century homestead with a separate garden cottage nestled amidst breathtaking grounds; together forming the backbone for a small-scale luxury lodge that has built a steady stream of repeat guests. At Ranginui Retreat, the guest experience centres on a mix of comfort and connection to the land. Amenities include a tennis court, saltwater swimming pool, established gardens and working paddocks, while newly developed wetlands are attracting native birdlife such as tui, fantails and kereru. Views extend toward the Ruamahunga River and Mount Bruce, reinforcing the property’s rural identity. Fly-fishing visitors, often travelling from overseas, are among its clientele, supported by relationships with local guides and the option of helicopter access. Others are drawn by the retreat’s discretion, with the property catering to guests seeking a more private, low-profile stay. Opportunities exist for small events, intimate weddings and curated experiences such as garden-to-table dining, as well as further development of eco-tourism initiatives aligned with New Zealand’s sustainability focus. The retreat sits within easy reach of regional attractions including Pukaha National Wildlife Centre, local vineyards and the walking tracks of the Tararua Range. Coastal destinations such as Castlepoint, along with popular towns like Martinborough and Greytown, are also accessible for day trips. With growing interest in eco-conscious travel and destination-based stays, the future of this segment appears closely tied to authenticity, environmental stewardship and the ability to offer something beyond the traditional hotel model. Properties such as Ranginui Retreat highlight how lifestyle real estate and hospitality can intersect, offering not just accommodation, but a curated slice of rural life. With a distinctive brand story and guest appeal this is a lifestyle and income in one unique package offering multiple income streams with growth potential - or a fabulous generational family living option.

Agent updates

Agent

A friendly reminder that tenders for 836 State Highway 2, Masterton close next Thursday, Nov 6 at 2pm. A beautifully private lifestyle property with so much to offer — please reach out to request tender documents or arrange your final inspection. - Wed, 29 Oct

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836 State Highway 2 has been viewed 18,740 times since it was first listed on 11 September. There are 346 people keeping an eye on it.

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836 State Highway 2, Masterton, Wellington

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