PREMIER OCEAN VIEW PROPERTY IN DOMINICAL – 3.99 ACRES

  • $1,495,000
Dominical, Dominical - Escaleras - Lagunas, Costa Rica
For Sale Ocean View Private Estate
PREMIER OCEAN VIEW PROPERTY IN DOMINICAL – 3.99 ACRES
Dominical, Dominical - Escaleras - Lagunas, Costa Rica
  • $1,495,000

Overview

Property ID: CRRES342
  • Building Lots
  • Property Type
  • 3.99
  • Acres

Description

Available for the first time in decades, This property is an extremely rare opportunity to acquire a flagship property with a highly coveted location in a luxurious coastal setting. This offering is comprised of two neighboring land parcels, totaling around 4 acres (16,169 m2), located on the front Dominical ridge of Fila Costeña Mountain Range. This is where the rainforest touches the sea in Costa Rica. At an elevation of 587’ above sea level, the topography here is unique and provides a setting that features cool ocean breezes and panoramic vistas normally associated with properties located much further away from the coast.

Here you will witness an unparalleled 360-degree view of lush rainforest-covered mountains that transition into a breathtaking whitewater ocean view that stretches from the Osa Peninsula, over the Baru River and up north to MANUEL ANTONIO. Needless to say, the dazzling sunset views over the Pacific Ocean are unobstructed year-round.

With this combination of location, setting, and views, there are no other properties that can compete at the same level. This opportunity is truly one-of-a-kind.

A private well was successfully drilled on the property, with 2 concessions in process. The importance of owning land with a private, legal water supply can not be understated. Basically, without Legal Water, you can not acquire legal building permits in Costa Rica. A flow rate test was performed at the tail end of one of the driest El Nino years in Costa Rica, and the well still delivered a steady 1.5 l/s output.

On the other hand, properties that rely on concessions from a creek or a shared water supply may experience intermittent results based on seasonal rainfall and increased demand from neighbors. With a private well located on the property, this concern has been laid to rest.

This property also touches a public road, so there will be no construction size limitations. In September 2020, the Costa Rican government enacted new regulations regarding the development of designated Agricultural Parcels, restricting the percentage and amount of development that can be performed on a property.

This property is free of those restrictions, so you can formulate your architectural ideas without making concessions. If you are an investor seeking the perfect location to build a luxury home, what you are allowed to legally build on the property is an extremely important factor to take into consideration.

The property features an internal road with a good drainage system, cleared ocean-view building sites with other opportunities for the construction of a guest house or caretaker’s home, and rainforest and valley views from the guest villas as well.

  • 2 neighboring properties (9,445.61 m2 & 6,723.44 m2) perched 587 ft (179 m) above sea level yet under 1/2 km from the cove at Roca Verde.
  • A well has been successfully drilled on the larger property with a flow rate of 1.24 l/s.
  • 2 water concessions are in process, which will grant each property a legal water supply (topographical, hydrological, and geological studies have been performed, and this information will be shared with qualified buyers).
  • The location of the well is set back away from the ocean-view building sites, so it will not have an impact on the development of these areas.
  • Electric and high-speed fiber optic internet services touch the property line.
  • The property is only minutes from the Costanera Highway, the beach, and Downtown Dominical.
  • There is potential for a secondary access route through a neighboring property to allow for large construction equipment to reach the building sites during the development phase.

This property should appeal to any investor who appreciates the notion that genuine luxury is achieved through the harmonious integration of awe-inspiring natural surroundings and flawless architectural craftsmanship. This is a unique canvas for creating a timeless residence and establishing the groundwork for a lasting heritage that will withstand the passage of generations.

Address

  • City Dominical
  • State/county Cantón Osa
  • Area Dominical - Escaleras - Lagunas
  • Country Costa Rica

Details

Updated on June 19, 2024 at 9:42 pm
  • Property ID: CRRES342
  • Price: $1,495,000
  • Property Size: 3.99 Acres
  • Land Area: 16,146 m2
  • Property Type: Building Lots
  • Property Status: For Sale

Schedule a Tour

Similar Listings