|Lot Size||3 acres|
This spectacular Playa Hermosa property with outstanding views is a very rare find. It has incredible views, and is walking distance to the surf and tide pools for snorkeling. At 3.4 Hectares, this is the ideal property for a luxury development. There are many possibilities as it is extremely private with breathtaking views. There are five very large building platforms on the ridge and many other buildable areas tucked into the hillside as well. It touches a public road at the bottom so it can be used for residential purposes or also could be the location of a splendid boutique hotel or a Condo/HOA development. This is a large parcel with white-water ocean/sunset views over the popular surfing beach of Playa Hermosa. Playa Hermosa is the up and coming area of Santa Teresa and is very sought after at the moment and with good reason. Real estate here is priced higher than in Santa Teresa as the area is growing fast. The ocean in Hermosa is a bit more mellow than Santa Teresa too, offering surf for all levels and easy swimming for families as well. With a total land size of 3.4 Hectares this is a great property for a group of investors interested in subdividing and developing the land. A builder can easily design a nice neighborhood and sell five high end homes that can be master planned to perfection! This property has access to the new aqueduct, fiber optic internet, and can be permitted for multiple uses.