83566 Playa La Jolla -- Active

Outside Of Usa,00000

$ 6900000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Phase I La Bella Vita Resorts Inn Of Cortez

MLS Listing ID 6789864

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2022

Lot Size 13.700 Acres

Acres 13.7

Property 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.

Location

County Other

Community Phase I La Bella Vita Resorts Inn Of Cortez

Zoning MF, Hotel, RES

Direction Take Freemont west of Interstate 3 to Cam A Playa Encanto, road ends at development.

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Parking Features Other (See Remarks)

Fence See Remarks

Roof Type See Remarks

Present Use Recreational,Mixed Use

Total Parking Spaces 300

Building

Dwelling Type Other (See Remarks),Commercial

Sewer Other,Sewer - Available

Water Other

New Construction No

Others

Senior Community No

Tax ID 000-00-000

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