256 Craggy Range Road, Havelock North, Hastings

Matarangi Luxury Home on 67ha

Located in one of the most spectacular and exclusive parts of Hawke's Bay, Matarangi is an exceptional property functioning as both a working farm and a luxury home. An approved scheme plan is in place providing for two titles - the home and buildings on 8.68ha which can be bought separately with the balance of land being 58.1ha which is currently leased to a local farmer for grazing. Matarangi has a Rateable Value of $4.32m.

Every aspect of the palatial three-bedroom main house and two-bedroom cottage has been crafted to the highest standards, combining comfort, style and superior design. Solidly constructed with concrete-block, internal fully insulated timber lining and heated concrete floors, it has been built for generations to come.

The expansive home is built on 67ha, which feature a lake, outdoor tennis court, heated swimming pool and three-horse stable, providing year-round relaxation and recreation.

The farm block, which can be bought separately or together with the house, is fully-fenced into paddocks, and is serviced by a woolshed. Stock and garden irrigation water comes from Maraetotara water scheme. The farm is currently leased - an arrangement which could be continued by agreement with a new owner.

The property is large enough to cater for several families and brings together the best of both worlds - a stunning, secluded sanctuary, yet it is only a 10 minute drive to Havelock North, 30 minutes to central Napier and 35 minutes to the airport.

Matarangi would appeal to a family wanting a magnificent permanent home, who enjoy entertaining, the outdoors and privacy. The farm block offers an independent income stream, should a new owner choose to take it over also.

The north-facing property takes full advantage of the location's privacy and views across to Te Mata Peak mountain range and the Tuki Tuki Valley. Only five minutes drive to the acclaimed Craggy Range Winery and easily accessible to everything the vibrant region has to offer.