On The Market: This $43 Million Alpine Station Is Basically NZโ€™s Yellowstone Ranch
โ€” 20 November 2025

On The Market: This $43 Million Alpine Station Is Basically NZโ€™s Yellowstone Ranch

โ€” 20 November 2025
Nick Kenyon
WORDS BY
Nick Kenyon

The property market is something Aussies spend more time thinking about than theyโ€™d like to admit to, but everyone knows not all homes are created equal. Here at On The Market, we scour countless property listings to share the best of the best, from palatially proportioned waterfront palaces to meticulously designed studio apartments.


Sunbaked, rich in timber-clad detailing, and rustic in the very best sense of the word, this Milton home is a stunning slice of the Mexican countrysideโ€ฆ just three hours south of Sydney.

Cascading across 30 acres with sweeping views to the Pacific, the ocean-facing hacienda is a rare architectural jewel rooted in traditional adobe principles that have been reimagined through an Australian lens.

From its whitewashed curves and terracotta tones to the arched thresholds found throughout the property, it creates a sculptural presence in the landscape โ€“ boasting Oregon beams, handcrafted joinery, and vast picture windows that elevate every space.

The Milton residence is crowned by a rooftop pool terrace, while also featuring a Japanese-style bathhouse that cements its soulful, one-of-a-kind place among the rolling hills.

Address: 614 Little Forest Road, Milton NSW 2538
Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Price Guide: $3,600,000 (auction)


Anyone whoโ€™s ever attempted a renovation will understand the level of achievement that St Leonards House represents.

Originally constructed in 1941 with a heavy Art Deco influence, once upon a time, it was a less-than-compelling block of flats until the teams at Powell & Glenn and Myles Baldwin transformed them into the remarkable trophy home you see before you today.

Located off the famous Anderson Street hill and just metres from the Royal Botanic Gardens, the brick facade of this home hides the soaring volumes of its four-level, 1,000-square metre interior โ€“ featuring European oak flooring, artisanal stonework, original fireplaces, and more. Other notable details include a gym, sauna, and wine cellar, while outside, thereโ€™s a spectacular terrace and infinity pool to unwind in after a long business week.

Unforgettable in every aspect and offering a genuinely rare kind of scale and proportion, this is as good as South Yarra homes get.

Address: 23 St Leonards Court, South Yarra VIC 3141
Bedrooms: 5
Bathrooms: 5
Car spaces: 5
Price Guide: $24,000,000 to $25,000,000


For our final property this week, weโ€™re jumping across the Tasman Sea to New Zealandโ€™s South Island, where the once-in-a-lifetime opportunity of Mount Algidus Station has recently surfaced.

For anyone whoโ€™s longed for a taste of the Yellowstone lifestyle without needing to navigate Americaโ€™s current immigration system, this is for you.

Set against the vast drama of New Zealandโ€™s Southern Alps, Mount Algidus Station is a high-country masterpiece where architecture, history, and landscape converge at a monumental scale.

Established in 1861 and spanning more than 53,900 acres, this legendary property sits at the meeting point of three alpine rivers, with lodges and farm buildings set against the backdrop of spectacular, sweeping wilderness.

With pristine forests, remote back-country huts and world-class waterways at its doorstep, itโ€™s a generational estate that takes you out of the hustle and bustle of city life and reminds you exactly why life is worth living.

Address: Mount Algidus Station, Lake Coleridge | Selwyn, Canterbury 7572
Bedrooms: 25
Bathrooms: Unspecified
Size: 53,900 acres
Price Guide: NZ$50,000,000 (AU$43,250,000)

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Nick Kenyon
WORDS by
Nick Kenyon is the Editor of Boss Hunting, joining the team after working as the Deputy Editor of luxury watch magazine Time+Tide. He has a passion for watches, with other interests across style, sports and more. Get in touch at nick (at) luxity.com.au