76 Stone Drive, Cromwell
Central Otago District
$975,000
- 2 ha
- Lifestyle section
Premier Lifestyle Setting
Positioned within the River Terrace subdivision, 76 Stone Drive presents an outstanding opportunity to secure a premium lifestyle property in one of Central Otago's most desirable locations.
Surrounded by breathtaking mountain scenery and the rugged beauty that defines the region, this generous site offers the perfect platform to create your dream home while enjoying the space, privacy, and lifestyle that River Terrace is renowned for. Developed as a boutique lifestyle community, River Terrace was carefully designed to embrace the area's natural landscapes, open skies, and spectacular outlooks while remaining conveniently close to Cromwell's amenities.
Located just minutes from Cromwell township, residents enjoy easy access to Lake Dunstan, renowned wineries, cycling and walking trails, golf courses, boating, fishing, and all the outdoor pursuits that make Central Otago such a sought-after destination.
For motorsport enthusiasts, the internationally acclaimed Highlands Motorsport Park is just up the road, offering year-round excitement, events, and attractions right on your doorstep.
Perfectly positioned between Queenstown and Wānaka, River Terrace enjoys country living with convenient access to world-class recreation, dining, shopping, ski fields, and transport links.
The vendor is highly motivated and has priced this property to meet the market by listing well below it's CV.
Property Highlights • Located in the River Terrace lifestyle subdivision • Stunning Central Otago mountain and rural surrounds • Minutes from Cromwell township and Lake Dunstan • Highlands Motorsport Park nearby • Convenient access to Queenstown and Wānaka • Surrounded by world-class wineries, trails, and outdoor recreation • Motivated vendor • Priced below CV at $975,000 (CV of $1,005,000)
A rare opportunity to secure your future in one of Cromwell's most desirable lifestyle locations. Enquire today to find out more.
Added to OwnBetter 26 Oct 2026
We estimate it would sell for $1,080,000 as at 5 October 2026, in a range of $966,000 to $1,220,000.
How we worked this out
| Council valuation, Sept 2025 | $1,005,000 |
|---|---|
| Market movement in Central Otago District since the council valuation | +6.0% |
| Apartments and houses in Central Otago District | +0.2% |
| How Cromwell sells against council values | −0.1% |
| Land as a share of the value | −0.2% |
| Its own sale in 2024 | +1.3% |
| Our estimate | $1,080,000 |
We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales and its own last sale have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.
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Home expense estimates
Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
Property data
- Land area2 ha
- Property categoryUse not published
- CouncilCentral Otago District
- Valuation #28421-29122
- Valuation date1 Sep 2025
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Title and land
Order a title record- Title number1025763
- Title typeFreehold
- Legal descriptionLot 7 Deposited Plan 569215
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
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Zoning and hazards
What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
Reading the council's maps…
What could you build here?
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
About Cromwell
Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Claim it, then find everything else you own.
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