602-493-5100
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PRICE $22,450,000 dsIDX morgage calculator
SIZE 300,000 sqft
LOT SIZE 13.70 ac

Embark on a journey of luxury living along the majestic Sea of Cortez. Nestled within the pristine enclave of Playa La Jolla, within Playa Encanto of Puerto Peñasco, Sonora, Mexico, lies an extraordinary development spanning nearly 14 acres. Offering unparalleled views and world-class amenities, this exclusive retreat sets a new standard of opulence. Based upon the last four years of significant economic activity and demand for this type of project as evidenced by several recent sold-out developments in Peñasco and its pristine beach access, this property is one of the best opportunities in the Peñasco region. With its ease of access for the Arizona and California consumers, with the secluded beach this project holds enormous economic potential for-see More & Motion Video for the right owner or developer. This rare opportunity beckons discerning buyers to realize the full potential of this meticulously planned project, with approved architectural plans awaiting completion and UPSIDE VALUE to the tune of $196 million. Presently gracing the landscape are 111 properties, including 46 condo units of La Bella Vita, 4 beachfront condos, 46 single homesites, and 15 storage units, with the promise of an additional 300 units awaiting fruition.

DAYS ON MARKET 57 LAST UPDATED 3/13/2024
YEAR BUILT 2022 COUNTY Other
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Other
AIR CONDITIONING Yes
BUYER'S BROKERAGE COMPENSATION 3.00
CONSTRUCTION See Remarks
HEAT Other
LOT 13.7 acre(s)
SEWER Other
WATER Other
ZONING MF, Hotel, RES
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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SATELLITE VIEW



 
CONTACT US ABOUT 83566 PLAYA LA JOLLA --
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Listed with Russ Lyon Sotheby's International Realty
The ARMLS logo indicates a property listed by a real estate brokerage other than cambridgeproperties.
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Data last updated 5/9/24 11:41 AM PDT.

This IDX solution is (c) Diverse Solutions 2024.