This study presents a methodology for constructing a quasi-geoid model with millimeter-level accuracy over the Shangyu area in China, following the guidelines of the International Association of Geodesy Joint Working Group 2.2.2, known as “The 1 cm geoid experiment”. Our approach combines two steps to ensure exceptional accuracy. First, we employ Molodensky’s theory to model the gravity field, accounting for non-level surfaces and considering complex terrain effects. Through an exhaustive analysis of these influential factors, we implement a comprehensive suite of applicable formulae within Molodensky’s series solution, enabling a thorough assessment of their impacts on height anomalies within the gravimetric quasi-geoid model. Second, we utilize a hybrid method that involves a multi-surface function using the least-squares method and a robust estimation technique. This approach enables the interpolation of quasi-geoid heights by incorporating ellipsoidal and leveling normal heights, as well as gravimetric quasi-geoid data. Through a numerical example, we demonstrate the efficiency of our solution concept, achieving an accuracy of 0.79 cm compared to independent global navigation satellite system (GNSS)/leveling measurements. By developing this methodology, our study contributes to the advancement of geodesy research and provides a valuable methodology for creating highly precise quasi-geoid models in geodetic applications.