Sir Edmund Hillary's former home is to be moved to a school in South Auckland where it will be preserved and used as a leadership centre.
The future of the Remuera house has been unclear since it was bought by a businessman in March this year.
After considering several project applications, former cricketer and neighbour Terry Jarvis has decided the property will go to Sir Edmund Hillary Collegiate in Otara.
The school's commissioner, Gail Thomson, says it was important that the house be preserved and it will be set up as a leadership centre.
It is expected the house will be moved in mid-January, with the cost shared by the Government, Mr Jarvis and sponsorship funds.
Sir Edmund's daughter, Sarah Hillary, says moving the home there is an appropriate solution.
Earlier this year, mountaineer Graeme Dingle had wanted to move the house to the Kaipara District when there were fears the house would be wrecked.
Auckland City Mayor John Banks has said he would like the house to be located at the Museum of Transport and Technology.
Sir Edmund gained worldwide fame in 1953 as the first man, along with climbing companion Tenzing Norgay, to conquer Mt Everest. He died in Auckland in 2008 after a long illness.