We stayed at Pencarrow in April '04 for 3 nights. After we found the driveway (have to look close), my wife and I just fell in love with the place and with the hosts, Bill and Kari (ask about their years in Saudi Arabia). The common rooms were warm and friendly and our room had a great view of the lake. Pencarrow is just a few minute drive from downtown Queenstown. Be sure to ask Bill or Kari for recommendations for local restaurants. All recommendations were just fabulous. I have told others planning trips to NZ to be sure to look up Pencarrow. Bill can also recommend local wines.