Property Type:
Land and Lots
Lot Size (sq. ft.):
596,772
Status:
Active
Current Price:
$6,900,000
List Date:
12/03/2024
Last Modified:
1/03/2025
Description
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. Phase I Offering 90 Shovel Ready Units. La Bella Vita, 4 beachfront condos, 46 single homesites, and 15 storage units, with the promise of an additional 300 units awaiting fruition. 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...
Supplements: 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.
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: January - 03 - 2025
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