$22,450,000
 $120,516 est/mo Sourced by Back At You

83566 Playa La Jolla , Outside of USA, 00000

Outside of USA, 00000

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Description

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.

Details

MLS#6676651
Listing TypeFor Sale
Suite Number1
Sub-TypeSale
StatusActive
Days On Site209
Listing Provided ByRuss Lyon Sotheby's International Realty | Frank Aazami

Features

ZoningMF, Hotel, RES
Acreage13.70
"All information should be verified by the recipient and none is guaranteed as accurate by ARMLS"

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Learn More About This Property

CountyOther
CityOutside of USA
Zip Code00000
AreaOther
Community Name13.7 acre development
School DistrictOut of Area
Elementary SchoolOut of Area
Middle SchoolOut of Maricopa Cnty
High SchoolOut of Area
Listing VS Median (in 13.7 acre development)
Price:
$22,450,000
low | high
Med:
$0
On Site:
209
low | high
Med:
Sourced by Back At You
Listing Updated: August 24, 2024 at 9:22:54 PM PDT
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