The Wakatipu Basin is a plain surrounded by mountains in Queenstown Lakes District, in the southern South Island of New Zealand.

To the south is found the Remarkables mountain range; to the North is Coronet Peak.

The economy of the basin and surrounding areas is largely supported by tourism, though the importance of the vineyards of the Gibbston Valley and Central Otago wine regions has increased since the 1990s.

Wakatipu Basin statistical area, which includes Millbrook Resort, covers 57.72 km2 (22.29 sq mi)[2] and had an estimated population of 1,310 as of June 2024,[3] with a population density of 23 people per km2.

Before the 2023 census, Wakatipu Basin had a larger boundary, covering 59.51 km2 (22.98 sq mi).