Police received a report of a drone being flown about 50 metres in the air above Frankton Road, between Suburb St and Hensman Rd, about 3.30pm today.
Airways New Zealand confirmed it was within the 4km control zone around the airport and that the Civil Aviation Authority would be advised.
Drones are not allowed to be used in a controlled airspace or within 4km of an aerodrome.
Police officers spoke to the owner and the drone was reportedly brought down from the air.
Queenstown Airport Corporation communications adviser Naomi Lindsay said no flights were disrupted.
Three illegal drone incidents were reported in the same week last month in the resort, with one involving a drone flying in front of a passenger jet.
The Civil Aviation Authority was investigating all three incidents.