417 Upper Plain Road, Masterton
Tender 20 October 2026
+16
+15
2.94 ha of lifestyle, production and potential
Situated just west of Masterton, this appealing property offers a rare combination of established horticultural production, attractive building options and an enviable rural outlook. The property is set across two terraces, separated by a single line of established pines, each offering its own unique opportunity. The upper terrace is home to approximately 60 mature, producing walnut trees, while the lower terrace features around 400 established olive trees comprising a mix of varieties. Both the walnut and olive trees have been farmed spray-free for the past 10 years, providing an attractive point of difference for those looking to continue with a more natural approach to horticulture. There are easy building sites on either terrace, allowing purchasers the flexibility to choose their preferred position and take advantage of the property's views and outlook. A formed post-and-rail entranceway creates an impressive approach to the property. The water options are another significant advantage. There is potential to connect to the Masterton District Council town water supply, and the Fernridge water scheme, providing excellent flexibility for future development or horticultural requirements, subject to the relevant connections and approvals. Whether you're looking to create your own country retreat, establish a productive lifestyle property, continue the existing walnut and olive operation, or explore the potential for a bespoke rural home, this property offers an exciting combination of location, production and possibilities. Conveniently close to Masterton, yet offering the space, views and rural environment many buyers are searching for, this is a property with genuine lifestyle appeal and plenty of potential.
417 Upper Plain Road, Masterton
Web ID
ML237653
Land area
2.9 ha
District rates
$1,556.70pa
LV
$455,000
RV
$460,000
Tender (will not be sold prior)
Tuesday, 20 October 2026, 2.00pm
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