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83566 Playa La Jolla, Outside of USA, (MLS# 6548074)

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83566 Playa La Jolla, Outside of USA,

$22,450,000
Property Type: Comm/Industry Sale Square Footage: 300,000 Lot Size (sq. ft.): 596,772 Status: Active
Current Price: $22,450,000 List Date: 4/24/2023 Last Modified: 1/23/2024

Description

Discover Luxury Living on the Sea of Cortez. This nearly 14 Acre development offers Breathtaking Views, World-Class Amenities, and Eco-Wellness attractions like no other in beautiful Playa La Jolla within Playa Encanto of Puerto Peñasco, Sonora, Mexico. Shovel Ready project currently features 111 properties, including 46 condo units of La Bella Vita, 4 Beachfront condos, 46 single Homesites, and 15 storage units. This project allows for an additional 300 units! Offering commitment to living your best life, enjoy multiple walking, jogging, and bicycling trails throughout the development, plus a complete adult yoga and fitness center, a full spa, and children's recreation center. There's also an estuary on site, perfect for kayaking, water sports and non-motorized- See MORE & Motion Video!

Supplements: boating activities. Take in the views from the oceanfront pools and waterpark, indulge in the main clubhouse with restaurant and bar, or soak up the sun from the beach palapas. There are three golf courses nearby, two of which are Jack Nicklaus designed courses. The developer will also be constructing a project desalination plant and two designated parking areas. Adjacent to the main entry gate, the developer plans on constructing a small convenience market.

More Information MLS# 6548074

Contract Info

Current Price: $22,450,000 List Price: $22,450,000 Status: Active List Date: 2023-04-24 Ownership: Fee Simple Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

Map Code/Grid: C90 House Number: 83566 Street Name: Playa La Jolla St Suffix: -- City/Town Code: Outside of USA Zip Code: 00000 Country: USA County Code: Other Add'l Parcels: No Assessor Number: 000-00-000 Legal: 13.7 acre development of 111 properties, including 46 condo units, and 46 home sites. Project allows for 300 more units Tax Municipality: OUTSIDE ARIZONA

General Property Description

Ttl Apx SqFt Bldg: 300000 # of Buildings: 40 Year Built: 2022 Uncvrd Parking Spcs: 300 Zoning: MF, Hotel, RES

Remarks & Misc

Cross Street: Interstate 3 & Freemont Directions: Take Freemont west of Interstate 3 to Cam A Playa Encanto, road ends at development. Geo Lat: 31.535357 Geo Lon: -113.73422

Status Change Info

Status Change Date: 2023-04-24

Legal Info

Lot Number: 1-40

Income & Expenses

Owner Association: No

Pmt & Rate Info

Equity: 24500000

Property Features

Building Type: Commercial; Other (See Remarks) Current Use: Mixed Use; Recreational; See Remarks Stories: 5 - 10 Stories Construction: Other (See Remarks) Roofing: Other (See Remarks) Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: Other Cooling: Other Loading Facilities: Other (See Remarks) Interior: Other (See Remarks) Exterior: Other (See Remarks) Fencing: See Remarks Amenities: Other (See Remarks) Parking: Other (See Remarks) Electric: Underground; Individual Meter; Other (See Remarks) Gas: Underground; Other (See Remarks) Water: Other Sewer: Sewer - Available; Other (See Remarks) Freeway/Highway: 1.1 - 2 Miles Railroad: Other (See Remarks) Owner Wants: Owner May Carry; 1031 Exchange; Trade Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Unknown Existing 1st Loan: Other (See Rmks) Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable Roads/Streets: Gravel; Treated; Asphalt Traffic Count: Up to 5,000 Reports/Disclosures: Soil Test; Perc Test; Seller Prop Disc Stm; Archeological Site; Coastal Barrier Act; Appraisal; Boundary Survey Avlb; ALTA Survey Availbl; Development Plan Avl; Special Assmnt Dist; Water Cap/Quality Rp; Vicinity of an Airport; Flood Elevation Certificate; Other (See Remarks) Use Restrictions: Other (See Remarks) Environmental: Phase I Available; Phase II Available; Other (See Remarks)
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: January - 23 - 2024
83566 Playa La Jolla, Outside of USA,- MLS# 6548074
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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