A group of close to 40,000 New Zealanders has bought the Awaroa Beach in the Abel Tasman National Park.
The group has pledged $2,278,171.09 to buy the land.
Christchurch businessman Duane Major has led the crowd-funding campaign since the idea came up over Christmas.
The government has also put forward $350,000, which would come from the Nature Heritage Fund.
Major said that there were several points during the “absolutely crazy” tender process where the campaign thought they hadn’t managed to seal the deal.
He and co-campaigner Adam Gardner had written a farewell “this is the end” speech before the campaign suddenly sprang to life again, with the government topping up its initial commitment of $150,000 to $350,000.
The final purchase price for the beach was about $2.85m.
The land will be gifted back to DOC.