$6,900,000
( $23.00Per Sq Foot )
 $37,041 est/mo Sourced by Back At You

83566 Playa La Jolla , Outside of USA,

Outside of USA,

Share with a friend

Description

Phase I offering 90 Shovel Ready Units. 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 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#6789864
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year2022
Days On Site73
Listing Provided ByRuss Lyon Sotheby's International Realty | Frank Aazami

Features

SQ Feet300,000
Building(s)40
ZoningMF, Hotel, RES
Acreage13.70

Market Activity

"All information should be verified by the recipient and none is guaranteed as accurate by ARMLS"

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

CountyOther
CityOutside of USA
AreaOther
Community NamePHASE I La Bella Vita Resorts Inn of Cortez
Listing VS Median (in PHASE I La Bella Vita Resorts Inn of Cortez)
Price:
$6,900,000
low | high
Med:
$6,900,000
50% of Average
SqFt:
300,000
low | high
Med:
300,000
50% of Average
$ / SqFt:
$23
low | high
Med:
$23
50% of Average
On Site:
73
low | high
Med:
73.000000
100% of Average
Sourced by Back At You
Listing Updated: February 12, 2025 at 8:02:45 AM PST