Active
83566 Playa La Jolla --
Outside of USA, 00000
$22,450,000
$74.83 per sqft
Active
300,000 sqft
Other
Built in 2022
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 Penasco, 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 Penasco and its pristine beach access, this property is one of the best opportunities in the Penasco 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.
6676668
MLSⓇ ID
March 13, 2024
Listed
October 2, 2024
Updated
Map
83566 Playa La Jolla --
Outside of USA, 00000
Interior Features
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
13.7 Acres
Roof
See Remarks
Sewer
Other, Sewer - Available
Other Property Details
Days on Market
504
Garage
No
Parking
Other (See Remarks)
Parking Total
300
View
No
County
Other
Water Source
Other
Pool
No
Zoning
MF, Hotel, RES
Courtesy of Russ Lyon Sotheby's International Realty
Listing Contact: 480-266-0240
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Julie Helms shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 1:55 AM UTC, 10/2/2024.