$9,000,000
Outside of USA,
MLS# 6635106
1 / 8
Property Description
Welcome to a rare and extraordinary opportunity—an expansive oceanfront parcel awaiting transformation into a vibrant hub of mixed-use development. Spanning 147.98 hectares (369.48 acres) of pristine coastal landscape, this prime real estate offers a harmonious blend of luxury, commerce, and leisure. This parcel presents an investment opportunity with substantial growth potential. The combination of a prime location, expansive size, highway frontage, and mixed-use flexibility positions it as a magnet for both local and international investors seeking to capitalize on the enduring allure of oceanfront real estate. One of the few large oceanfront parcels available that span from ocean to highway. Costera Highway road frontage allows for easy accessibility and high traffic counts passing
Details
Maps
Contract Information
Current Price: $9,000,000
List Price: $9,000,000
Status: Active
List Date: 2023-11-29
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: $
Comp to Buyer Broker: 50000
Variable Commission: N
Location, Tax & Legal
House Number: 1
Street Name: FRACCIÓN 1 DE LA PARCELA 95
St Suffix: --
Lot #: -
City/Town Code: Outside of USA
Zip Code: 00000
Country: Mexico
County Code: Other
Add'l Parcels: Yes
Assessor Number: 000-00-000
Tax Municipality: OUTSIDE ARIZONA
Taxes: 5000
Tax Year: 2023
General Property Description
Apx Total Acres: 369.47
Apx Total Acres G/N: G
Price Per Acre: 24359.22
Apx SqFt: 16094113
Price Per SqFt: 0.56
Apx SqFt G/N: G
Lot Size Dimensions: 1754.32 M x 2148.79 M
Zoning: N/A
Elementary School District: Out of Area
High School District: Out of Area
Remarks & Misc
Cross Street: Costera Highway
Directions: Costera Highway, North past Laguna Shores to parcel on ocean side.
Geo Lat: 31.420407
Geo Lon: -113.617506
Status Change Info
Status Change Date: 2023-11-29
Legal Info
Lot Number: -
Pmt & Rate Info
Equity: 9000000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Acreage; Commercial Acreage
Zoned Presently: Other (See Rmks)
Potential Use: Single Family; Multi-Family; Commercial; Retail; Hotel/Motel
Parcel Size: 300.00 - 639.99 Acre
Development Status: Raw Land
Land Features: Waterfront
Elevation: Sea Level 1,000 Ft
Elevation Source: Owner
Vegetation: Natural Vegetation
Roads/Streets: Asphalt
Traffic Count: Unknown
Freeway/Highway: Frontage
Topography: Level
Existing Structures: None
Water: None
Sewer: No Sewer/Septic
Electric: None
Gas: None
Distance to Cable: None
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Under 350 Feet
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
Reports/Disclosures: Boundary Survey Avlb
Environmental: None
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Supplements
the parcel. Downtown Puerto Penasco is a 15 minute drive, Puerto Penasco Intl Airport a 30 minute drive and the US Ports of Entry at Lukeville, AZ, San Luis, AZ and Calexico, CA are all within driving distance. This large oceanfront parcel is not just a piece of real estate; it's an opportunity to craft an iconic destination. Whether your vision leans towards luxurious residences, commercial spaces, or a carefully curated mix of both, this blank canvas invites you to redefine coastal living and create a legacy for generations to come.
Listing Office: Realty ONE Group
Last Updated: March - 13 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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