Ocean View Land Parcel With Multiple Building Sites In Dominical

Costa Rica Real Estate Service Exclusive Property Listing

Ocean View Land Parcel With Multiple Building Sites In Dominical

This is an incredible deal for a 1.89 acre land parcel located in a highly desirable neighborhood called Marina Vista. Marina Vista is the northern segment of the upscale Escaleras community. Here you will find expensive vacation rental homes and exclusive getaways for a wealthy expat community from all over the world. The property has great access off of the well maintained Poza Azul road so getting to the beach or shopping and dining in town is a piece of cake. Whether you are looking to build a private getaway in Costa Rica or an income producing vacation rental, you couldn't ask for a more desirable location. In a matter of minutes you can be at the beach, the beautiful Poza Azul waterfall or other popular attractions in the area. Needless to say, properties located in the Escaleras are a very hot commodity and this is definitely one of the best deals available!

The parcel has three building sites. The first is a small pad located across a private access road. This site has an ocean view and would be ideal for a rancho, a guest house or a caretaker's quarters. The second building site is elevated off of the private access road. This is the largest building area where the primary home would be built. Here you will discover a huge, flat building pad with unobstructed whitewater ocean views directly overlooking Domicalito Bay. The northern view includes a vista of emerald green mountainsides with Manuel Antonio visible in the distance. This primary building pad is large enough for a mansion with a huge pool and gardens. Finally, a third building site located on the eastern side of the property features a lush rainforest environment surrounded by mature shade trees. Leave this building site as a private green zone or build another structure like a separate parking garage, another guest home or whatever you see fit. The bottom line is that this property with multiple building sites will provide you many options. You can build a simple home with vast open spaces or a large estate of the highest order.

Notes relating to this property: The private access road to the building sites is currently shared with an existing home located above. If you are seeking more privacy (especially for the first building site), the owner of the mother farm is willing to allow you to block off access on the road for an additional $30,000. A hedge could be planted or a fence could be constructed along the property's southern boundary which would provide you a very private compound that would certainly raise the value of what you decide to build. The current owner is also looking to increase the year round water supply for this property and neighboring properties. The buyer of this property must agree to pay 1/3 of the cost of a private well. Funds will be held in an Escrow account until the well has been completed. On average, drilling a well typically costs around $30,000 USD.

Investor Alert! One Of The Best Deals Available In The Escaleras Area

Even with up to $40,000 of potential costs, the owner has listed this property at an incredible price! Simply put, there are very few land parcels remaining in the area. A 5 acre land parcel just down the road (with a less impressive ocean view) is listed for $295,000. If you are taking a property tour of the Marina Vista neighborhood, you will realize that this property is the real deal and a true steal! Move fast because this incredible ocean view land parcel is sure to sell quickly.