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.

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Data Last Updated: 1:55 AM UTC, 10/2/2024.

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