63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. - Hero Image
63
River Ridge Road
Tarras | Otago

The Residence

Brilliantly Reimagined

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Craig Myles
Craig Myles
Presented At
$6,250,000
Bedrooms
6
Bathrooms
4
Living
5,275
SQFT
Fireplace
High Ceiling
Open Kitchen
Stone Countertops
Air Conditioning
Washer Dryer
Laundry Room
Walk In Closet
Game Room
Garage
Terrace
Outdoor Living Space
Parking
Balcony
Garden
Gate
Water View
River View
Mountain View
Privacy
Panoramic / Scenic View
Riverfront
63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. - Photo 1
63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. - Photo 2
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63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. - Photo 5
63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. - Photo 6
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63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. - Photo 11
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63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand. , Tarras , Otago

Grandeur As The River Runs In Central Otago, New Zealand

Built to last 100’s of years, this remarkable property, constructed with Canadian Western Red Cedar, combines European and American design influences. Located alongside the Clutha River in the Wanaka region, it offers both privacy and stunning views. The home’s solid construction and large scale create a welcoming and comfortable atmosphere, with panoramic views of the surrounding landscape that change with the seasons. The property features immaculate high-quality finishes throughout, making it suitable as a luxury retreat, permanent home, or exclusive lodge. One of its unique advantages is the ability to fish directly from your property. Approximately 15-20 minutes from Wanaka Township, the home is accessed via a private driveway that leads to a Porte-cochère entrance. Inside, there are five spacious bedrooms, three and a half bathrooms, and three inviting living areas with the property being divided between two spaces, one being the main dwelling and the other an internal self-contained two-bedroom apartment complete with its own kitchen and living spaces, ideal for guests or extended family. These spaces can be opened to provide a five-bedroom dwelling or closed off for more intimate uses of the spaces. The central Grand Room is the heart of the home featuring a wood-burning fireplace and an open layout that flows into the kitchen and dining areas. Outdoor living areas are located on opposite sides of the house to ensure flexibility of use depending on whether conditions. The spa pool offers a unique location from which to take in the surrounding landscape and sunsets. A five-bay garage provides plenty of room for storage. Also contained within this structure is a separate bathroom and laundry room as well as two rooms upstairs suitable for a bedroom and lounge area. Capacity for a large boat to be stored via a rear barn height door has been incorporated into the design of this outstanding high quality storage facility. Deadline Sale Closing 4pm Friday 5th December 2025 (unless sold prior). For a private tour of this exceptional property, contact us today.

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63
River Ridge Road
Tarras | Otago

3D Street View Tour

Map showing 63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand.

Property Location

63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand., Tarras Otago

Local Weather & Climate

Tarras, Otago

Current Conditions Updated recently
51 °F
Clear sky
Feels Like 50°F
Humidity 78%
Wind 3 mph
Visibility 6.2 mi
Sunrise 6:42 PM
Sunset 6:58 AM
5-Day Forecast
Wed 18 Mar
Clear
High 56°
Low 50°
Thu 19 Mar
Clear
High 71°
Low 49°
Fri 20 Mar
Clouds
High 64°
Low 50°
Sat 21 Mar
Clouds
High 70°
Low 52°
Sun 22 Mar
Clouds
High 70°
Low 52°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Tarras?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

NZ$
%
NZ$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Tarras. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $625,000,000 20% down ($125,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$53,706
$53,706/day
Your home may appreciate while you sleep
$376,976/week $1,633,561/mo $19,602,728/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$343.9M
vs
OWN 📈 +$487.8M
$487.8M Potential Equity
vs $343.9M lost to rent over 10 years
$125.0M Down Payment Growth
3.9x
10yr
$487.8M
8.1x
20yr
$1,010.0M
12.6x
30yr
$1,578.5M
Wealth Comparison
×3,758
Equivalent to 3,758 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $1,578.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $736.0M +18%
Market $851.1M +36%
Optimistic $982.2M +57%
$487.8M est. equity
20 Years
Conservative $866.8M +39%
Market $1,159.1M +85%
Optimistic $1,543.5M +147%
$1,010.0M est. equity
30 Years
Conservative $1,020.8M +63%
Market $1,578.5M +153%
Optimistic $2,425.6M +288%
$1,578.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 63 River Ridge Road, Tarras 9383, New Zealand, Tarras, Otago, New Zealand features 6 bedrooms with 5,275 square feet of living space.
This property offers 5,275 square feet of living space.
This property is listed at $625,000,000, which equals $118483 per square foot.
Based on current market indicators, Tarras shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Tarras, Otago. The property is situated in an established neighborhood with convenient access to local amenities and services.
Craig Myles

Craig Myles

Aspire Realty - A Branch of Independent Agent

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