MLS# 6676651 – 83566 Playa La Jolla –, Outside Of Usa 00000

Price: $22,450,000
Lot Size Acres: 13.70
Lot Size SqFt: 596,772
Status: Active
Property Type: Other
Days on Website: 69

Courtesy of Russ Lyon Sotheby’s International Realty

Property 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.

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Property Details and Features

  • Building
  • Other structures: “See Remarks”
  • Listing
  • Listing ID: 6676651
  • Standard status: Active
  • 391 days on market
  • Location
  • Subdivision name: 13.7 acre development
  • Lot
  • 13.7 acres
  • 596,772 sqft
  • “Waterfront”
  • Property
  • Zoning: MF, Hotel, RES
  • Schools
  • Elementary school: Out of Maricopa Cnty
  • High school: Out of Maricopa Cnty
  • High school district: Out of Area
  • Sewer
  • “Public Sewer”
  • Taxes
  • Lot: 1-40
  • Utilities
  • “Other (See Rmks)”

Property Map

$22,450,000 – 83566 Playa La Jolla –, Outside Of Usa 00000

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This content last updated on May 21, 2024 1:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.