Costa Rica Real Estate Service Exclusive Property Listing
Iconic Resort Style Property In The Escaleras Area Of Dominical
Location, location, location! This is one of those places that is simply irreplaceable. Upon stepping foot on the property, you will get the sense that you are visiting a tropical Hawaiian resort. The 2.5 acre property in the Escaleras area of Dominical is beautifully landscaped with majestic palm trees, vibrantly colored flowers, rolling green lawns and stone walkways that meander throughout the grounds. 180 degree ocean vistas are highlighted by views of the world famous "Whale's Tail" reef formation at Marino Ballena National Park, Cano Island National Park is visible in the distance and sunsets over the Pacific can be enjoyed no matter what time of year it is.
There is a deep history with this specific property. Decades ago, a single family owned the entire "mother farm" for all of the Escaleras mountains. This was a time well before the Coastal Highway had been completed or any luxury homes had been built. Back then, the area was very rustic and rural. They spent a considerable amount of time exploring the vast amount of land that they owned and had their choice to build anywhere on the mountain they desired. Out of all of the options available to them, take a guess as to where they chose to build their personal residence. Yes, right here…
They chose this particular location because it hit the perfect "sweet spot". Higher up the mountain was a little too foggy and lower down the mountain was a little too hot. This is where the Goldilocks zone could be found. Cool ocean breezes gently blow off of the Pacific all day and the property was bathed in sunlight while the top of the mountain was enveloped in a dense mist. They were also pleased to discover that a wide variety of plants naturally thrive in this temperate climate zone. They planted the property with over a dozen varieties of palms & coconut trees plus a wide array of indigenous fruit trees (mango, banana, orange, lemon, guanabana, Chinese mamones, cashew). These trees remain healthy and are still bearing fruit to this very day.
When we fast forward to the present, the family's huge land parcel has been subdivided multiple times and sold off to a variety of interests. Higher up the road is the exclusive Costa Verde community filled with multi-million dollar homes (link). Lower down the road are the Terraces at San Martin (link) and the popular Jolly Roger Bar & Restaurant. With the huge influx of investment dollars coming from developers and luxury home builders, it is safe to say that the Escaleras area of Dominical is definitely one of the best places to own property in Southern Costa Rica! New luxury homes are being built, existing homes are selling quickly and vacation rental homes are steadily booked and producing healthy revenues.
Two Move In Ready Homes With A Pool On Beautifully Landscaped Grounds
Construction on the property currently includes two homes, a poured concrete / travertine saline pool (will not crack out) with surrounding IPE wood deck (rot & termite resistant). A laundry room located by the pool includes a washer and dryer, there are 2 secured gated entrances and a new 2-car carport was recently constructed. Both homes include custom tile roofs, new side-by-side refrigerators and hot water is provided by a German made on demand water heater. All of the plumbing and electrical infrastructure have been recently upgraded.
In 2014, a traditional casita with an open style, studio layout was reconstructed utilizing top-of-the line materials and joinery. It is furnished with a custom made bed, armoire and cabinetry. Finishes include travertine bathroom walls & floors, an outdoor shower, plus an IPE wood deck where you can enjoy the amazing tropical ambience. The original main home, built back in 1984, is rustic yet very functional. The one bedroom, one bathroom home includes a small kitchen and an ocean view deck. Other miscellaneous furnishings and small appliances are included. If you wish to renovate the main home or build a dream house on that location, you can comfortably live in the new casita during the construction phase.
Large Useable Areas Open The Property Up For Either Hospitality Or Residential Development
This property has fantastic development and commercial potential. The land includes huge useable areas with multiple ocean view building sites. Water is supplied by the Escaleras Water Association and supplemented by a deep, private well. The land is established with excellent drainage and topography making it very clear where the best building locations are. The characteristics of this property, combined with the prime location, make it ideal for a wide variety of uses.
The property is perfect for a boutique hotel with a series of ocean view casitas. On this high demand road, expensive single family homes are available for rent on a weekly basis but zero full service hospitality businesses are established here. The new casita currently functions as a rental and similar structures can easily be placed throughout the property. The existing pool would function as a community pool so you can "build as you go" without spending extra up front on amenities like you would have to with raw land.
The public road frontage also qualifies the property for "condo law", opening the door for a multi-family residential home development. Finally, this property would be perfect for a private "showcase estate" situated in one of the most sought after locations in Central America. For these reasons, this listing can be found in both the Residential and Commercial sections of our website since it hits the mark perfectly for a wide variety of buyers.
In summation, this property is simply gorgeous and we consider it one of the "crown jewels" in the Escaleras area. You will be hard pressed to find a similar property with so much upside. Regardless of what type of buyer you are, the underlying factor is that if you are looking for somewhere truly special, this is definitely the place for you. We invite you to come and see for yourself.
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