Over the ensuing decades, the original 100 hectare dairy farm has morphed considerably - reverting to a bull farm in the 1990s before gradually being subdivided into lifestyle blocks and sold down in portions.
Now the final remaining 40 hectare landholding has been placed on the market for sale by tender through Bayleys Whangarei. Tenders close on April 20. Bayleys Whangarei salesman Alex Smits said Howard Smith's handshake deal was a legend around Northern Kaipara region. "Howard Smith only dealt with people he trusted, and he did a lot of deals settled with a handshake. For example, in the early days Howard partnered with his sharemilker over a handshake.
"Doug is still leasing the property as a bull run some 20 years later, even after Howard's death. "
Mr Smits said the 40 hectare property comprises three separate land titles of 33, three and four hectares each.
While Howard's handshake legend lives on around Paparoa, all tenders for the land now must formally be in writing, Mr Smits quipped.