Lote 24 is a beautiful West-Southwest facing lot which affords incredible beach and white-water views leading out to the Ocean Blue of the Sea of Cortez with the texture of mountain and arroyo views in the other direction. Situated on the border of Palmilla Sur and Rancho Cerro Colorado, this property enjoys the best of each development’s CCRs. As an example, Palmilla Sur allows a garage to be built attached to the neighbor’s wall-line. The sale includes a complete set of plans for a 6-bedroom home drawn by architect Jean Dwulit. Mr. Dwulit has built many homes in the development and has the experience that allows him to maximize all opportunities within the guidelines of the developments.
This is a great opportunity to buy a lot and build for much less than buying a resale home.
There is a minimum $1 million dollars of equity that can be built into a house that is constructed on this lot.
Stringent rules, in-depth CCRs, and detailed construction and material requirements are not commonly found in the Cabo market. Lote 24 is a unique opportunity to build a large home in a quaint oceanfront neighborhood where the minimum construction size, well-planned guidelines such as the requirement of 4 off-street parking spots, and a strong HOA allow you to feel confident in the security of your investment.
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