Property Type:
Houses
Bedrooms:
10
Square Footage:
36,188
Status:
Active
Current Price:
$2,750,000
List Date:
3/04/2026
Last Modified:
4/25/2026
Overview
Description
Rare investment opportunity in Gringo Hills above Costa Azul, adjacent to Querencia, shops, and the San José Art Walk. Large lot with approved development potential for up to 4 stories and ~18 units--ideal for boutique hotel or multi-unit rental.
Includes a two-level main home with 3BR/2.5BA on the upper level and 2BR/2.5BA on the lower level, plus two detached casitas (2BR/2BA and 2BR/1BA), currently generating ~$8K USD/month.
Key advantage: established infrastructure with multiple (4) CFE electrical connections, dual municipal water lines, 19,000L cistern, and intelligent water system--reducing development cost, risk, and timelines.
Scalable, income-producing asset with strong upside in a prime location.