The property at 40 Rothschild Terrace on Waiheke Island, New Zealand, with a red roof.
Source: Paterson LuxuryOpen House
Rich Americans Target New Zealand Luxury Homes as Seven-Year Ban Lifts
An island estate that once served as a Cold War refuge is among sought-after properties.
The 4.9-hectare island estate with a traditional beachfront villa, organic vineyard and comforting sense of seclusion is a classic New Zealand refuge — and one that is attracting attention from US buyers.
The property, located on Waiheke Island near Auckland and on the market with no set asking figure, will be among the country’s first homes to test international demand as the government opens the door to wealthy overseas individuals for the first time in seven years.