The trust has applied to the Dunedin City Council to subdivide the rural zoned land at 78 Cape Saunders Rd.
The land has a capital value of almost $1.9million.
The subdivision, on an isthmus of land between Hoopers Inlet and Papanui Inlet, and on the northern slopes of Mt Charles, would create 10 new sites of between 2ha and 194ha.
Consent was sought for residential activity on eight of the lots.
Under the council's district plan, 15ha was the minimum site size for rural land, though rules are stricter under the city's second generation district plan, where on rural peninsula coast zone land, where the site is, the minimum size is 40ha.
The trust's application said the land had been farmed by the owner's family since the late 1800s.
The application, prepared by Cubitt Consulting, said the eight new building sites would be located approximately in areas of previous occupation to minimise adverse effects.
The sites would be "self-serviced" in terms of water, and effluent and storm water disposal.
Three larger lots would contain the working farm and quarry.
The applicant intended to covenant a wetland area by Allans Beach Rd, and provide public access to the Mt Charles summit except during lambing.
Mr Clearwater told the Otago Daily Times many of the submissions had been organised by the Papanui Hoopers Community and Environment Protection Group.
"They're mainly all people who, funnily enough, already have lifestyle blocks down there. They already live there.
"I'd call it nimbyism."
Considering the group had a Facebook campaign, he was "amazed" there were not 500 submissions.
Mr Clearwater said the area had homes on it 100 years ago.
"We're not reinventing the wheel or anything; the farm is made out of those little dairy farms 100 years ago.
"We're just wanting to protect the right to have houses on those blocks."
He said changes to the district plan had been "brought in by stealth" by the council, "and before you know it, it's property theft".
"They're just taking the right away to build your house."
Papanui Hoopers Community and Environment Protection Group spokesman Alister Robinson said the group was set up last year to oppose the project.
Mr Robinson said what was proposed was "completely against" district plan rules. The group's submission opposed the project because of the effect on the area's peacefulness and tranquillity, its isolation and lack of human activity.
Roads in the area were unsafe, the land had many tapu and archaeological sites, and fragile wildlife.
Its submission included submissions from Forest and Bird and the New Zealand Sea Lion Trust, both of whom opposed the project.
Mr Robinson said he lived in the city, but had a property at Papanui Inlet.
Asked why others should not build there when he already had a property with a building, he said that was a fair question, but "that's historic".
The house Mr Robinson owned was built in 1911, and there have been no houses added since about 1920-30, apart from one that had been rebuilt.
The application attracted 55 submissions, 45 opposed, five neutral and five in support.
Individuals opposed included astronomer Ian Griffin, archaeologist Dr Jill Hamel, the nearby Hooper's Lodge and Larnach Castle director Norcombe Barker.
Te Rununga o Otakou was neutral, as was Heritage New Zealand.
Hooper's Lodge owner Fiona Harrison said the subdivision would be "completely" visible from the lodge.
The area was in a designated peninsula coast outstanding natural landscape zone.
"There's a reason for that."
Stop spokeswoman Lala Frazer said rural residential subdivisions were "inappropriate within such a spectacular landscape".
Elm Wildlife Tours supported the application, and said as a daily user of the area it saw "no detrimental effects" other than an increased need for road maintenance.
Council resource consents manager Alan Worthington said a hearing on the application was set down to begin on March 7. Mr Worthington said a single independent commissioner would hear the application, as the council had been involved in dealing with consent breaches in the past with Mr Clearwater's quarry.
