Thousands of people celebrated the wintry 10 days.
Snow arrived at ground level in the town centre and blanketed the mountains, and the only parade - on June 23 - it did rain on did not appear to suffer.
Before the final event, the Mardi Gras, festival director Simon Green said there was "no doubt we will be going out with a bang".
On Saturday night, a crowd of 1300 people cheered 22 local competitors who, after 16 weeks of intense training, fought in the Thriller in the Chiller charity boxing event.
The sell-out event raised thousands of dollars for the Queenstown Coastguard for the building of a new base at Frankton Marina.
Standing ovations were given to matches deemed "the most intense", which were: Alice "The Ginger Crunch" Cournane and Joanna "Jo's a Fiend" Wells; Steven "The Warrior" Walsh and Jason "Hooligan" Hughes, and "Ice Crusher" Mackey and Jason "Machine Gun" Mills.
Earlier in the day, punters at the mid-winter Remarkables Park market and car fair braved the frosty morning to wander around a wide variety of consumables, crafts and cars.
The longest running event on the festival programme, which had its origins in 1976, was also a definite crowd favourite.
The dog derby, held at Coronet Peak on Thursday, featured 33 men and their best friends, who rode the M1 chairlift then raced their way down the slopes, paying attention to speed and togetherness.
"This is a really popular event and has a strong following, with people travelling from Gore, Lumsden, and even Mt Cook to compete," said festival director Simon Green.
A blue carpet was laid out on June 23 for invited guests to the New Zealand premiere of Ice Age 4: Continental Drift and most shops in Queenstown Mall dressed their windows with the film's characters and icy creations.
The second-annual temporary ice rink on the Village Green also attracted people to skate among the Winter Wonderland-style oasis.