Luxury Whitewater Ocean View Estate With Three Homes On 12 Acres In The Hills Above Matapalo
If you are seeking an unbelievable real estate investment in Costa Rica, look no further than this luxury estate compound with two private vacation homes and a caretaker's house on a fully titled 12 acre land parcel. The property sits at an elevation of 1,500 feet above sea level and the ocean views from the property are simply breathtaking. Enjoy endless vistas that overlook the Savegre River and extend out to Manuel Antonio in the distance. It is also possible to see the beaches of Parrita, the Nicoya Peninsula, the Osa Peninsula and even Caño Island on a clear day.
Bordering the estate is a private 140 acre community rainforest reserve (shares included with purchase) that ensures a large wildlife corridor for exotic birds and animals to pass through. In particular, wild Toucans, Scarlet McCaws and playful Pizotes are frequent guests to the property. The tropical ambience is further enhanced by a natural stream that gently winds it way through the beautifully landscaped grounds. The entire property is private, secure and fenced with remote controlled electronic gate access.
Solid Construction From The Ground Up
This spectacular property was developed by a German engineering firm during 2007 & 2008 at an original cost of $1.8 million dollars. The construction and infrastructure is rock solid and includes concrete and rebar seismic construction, sturdy foundations supported by an overabundance of underground casings and an unbelievable water supply fed by pure artesian spring water. You have never tasted water from the faucet quite like this! The two main homes include massive subterranean water storage tanks with their own independent pumps and back up systems.
The property has been kept in excellent shape with upgrades that include freshly painted exteriors and brand new pool pumps. Electric service has also been upgraded with brand new 150 amp circuit panels and full house surge protectors. IT professionals will be pleased by the wimax internet service with 4 MB download speeds. Guests can stream movies or video conference with practically zero buffering. You will be able to send email or browse the internet whether you are lying on the couch or sitting under a palm tree due to a robust repeater system that allows private wifi access from any portion of the property. Cell phone service is also stable and very consistent.
Both homes come fully furnished and include top of the line appliances from the kitchens to the laundry rooms. Every consideration was taken into account during the development process so residents or guests will never go wanting for comfort, convenience and reliability.
Luxury Home #1: Vista Del Fuego – NOTE: Still Available
Vista Del Fuego is a 3 story / 5 bedroom / 3.5 bath / 3,300 square foot home on 6.6 acres situated on the upper portion of the estate. This home is exquisitely decorated with comfortable furnishings, original paintings by Paul and Susanne Leasure, gorgeous hardwood floors, custom iron forged railings, marble counters, high end tiles and other finishings made from exotic local hardwoods. Other amenities include a gourmet kitchen with granite slab counters, a game room, a media room, 1 big screen HD TVs, 2 independent central air conditioning units, an attached 2 car garage, spacious rooms with private ocean view balconies and a refreshing oasis style pool with new ceramic and grout. The land immediately around the home has been beautifully landscaped with Royal Cuban Palm trees and fruit trees supported by a timed sprinkler system fed by a rainwater capture cistern system.
Luxury Home #2: Vista Del Sol – NOTE: Property Is Closing
Vista Del Sol is a 2 story / 4 bedroom / 3.5 bath / 2,250 square foot home on 5.25 acres is situated on the northern side of the estate with private drive access and attached garage. The landscaped grounds include a walking bridge that spans the private stream flowing through the property. A beautiful 600 square foot covered patio with pool was recently added to enhance the outdoor entertaining experience. Some have argued that the views available from this home are even more spectacular than those of the larger home above and since this home was constructed by the same builder, it also shares the same quality building materials, craftsmanship and sturdy construction found at Vista Del Fuego. This home is also tastefully decorated, fully furnished and comes complete with top of the line appliances throughout.
Private Caretaker's House
The Caretaker House is a 1 story / 3 bed / 2 bath / 1,000 square foot home on 1 acre that is situated just off the main access road (maintained by the municipality) at the entrance to the estate. All traffic to and from the estate must pass by this home which adds an extra layer of comfort and security for guests staying in either of the two main homes above. The Caretaker's House is large enough to accommodate a property manager with a family and includes a spacious yard bordered by the stream that flows throughout the entire length of the property. This home is not for sale individually but can be bundled with one of the other homes for $100,000.
A Tranquil Environment In The Hills Above Matapalo Beach
This property is located in a very private area yet is situated ideally between the tourism hotspot of Manuel Antonio and the up and coming destinations of Dominical and Uvita. For travelers looking to enjoy a truly relaxing Costa Rican getaway, without many of the irritations often found in overcrowded tourist destinations, it doesn't get much better than this.
The quiet and pristine beaches of Matapalo are located directly below while popular adventure activities (zip lining, white water rafting, surfing, kayaking, horseback riding, fishing) and sight seeing tours (Hacienda Baru, Nuayaca Waterfall, Manuel Antonio National Park, Marino Ballena National Park) are a short drive away. Guests can conveniently pop in on the popular the tourist areas and then leave it all behind when they return back to their private mountain estate overlooking the entire coastline.
Two Turnkey Costa Rican Vacation Rental Homes With Online Marketing & Property Management Services In Place
The property is already a fantastic value when you simply consider the asking price vs. the replacement cost (land acquisition plus development costs for construction of equal quality). If you factor in the appreciation potential in a recovering market, then it's an even better deal. Now consider the fact that there are two vacation homes actively producing rental income on a steady basis – now we're talking about an investment that is on a whole new level!
The current owners have been renting the upper home as a vacation rental and have the numbers to back it up. They are willing to provide a full breakdown of costs, revenues and projections to serious buyers upon request. With professional on-site property management in place and an established online marketing presence, demand has been steady and on the rise. Vista Del Sol is just coming into the mix as a vacation rental which will greatly supplement – if not double – the income stream. Buying a real estate investment in Costa Rica doesn't get much easier than this with 2 completely furnished ocean view homes and onsite property management to handle security, maintenance and all guest functions.
This Property Was Built For $1.8 Million Dollars And Is Available For $600k Less
Deals like this don't come around very often. The current owners simply wish to free up some cash for obligations back home and are looking to make a deal. Please contact us today to learn more about this incredible opportunity.