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Pandora – Private Hill Farm

Ref # : 7-227

Location : Malpais

Price : $ 1,600,000

Land Size : 15 Ha

 

Types : Development   Ecological   Farm   Rock Star Properties  

Features : Caretaker House   Mountain View   Ocean View   River/Creek   Very Private   Well  

 

 

Status : Available

 

Large Private Farm with Ocean View

Real Estate Description

A true exceptional and unique property, this is a private mountain, river, small lake, and ancient jungle farm in the hills behind Santa Teresa and Malpais. It’s one of the largest farms now for sale in this area.

When we write “private mountain” we really mean it. It includes an entire hilltop which perfect to build your private home, villa, or castle, with gorgeous 360 degree views all around.

The small pond is beautiful, shown in the photo below, but it dries up during dry season, as do the streams that run through the property.

It also has a cute little caretaker’s house already built. You could even live in it for a while during the construction of your dream home, or expand it into a nicer guest house later.

This property is suitable for people who want lots of space, privacy, horses, etc. It’s definitely a “dream” spot for a celebrity or perhaps a family compound.

This property is not on a public road, which means that technically it can’t be used for a hotel or commercial project. However, you can run a bed and breakfast here, as long as it’s a single building in which you live in… so you can rent rooms. You also have the option to subdivide and could theoretically make up to 30 individual lots here, each with its own individual rental villa, so it could work as an eco village or eco lodge too.

This is one of the most special properties in the area, but it’s definitely no a “turnkey” project. Like many of the best gems in the area, it’s a diamond in the rough, and needs the following:

1. Year round access: This would include improving one small section of public road where it crosses a stream, and two small crossings on the property.
2. Electricity: The nearest electric pole is 250-300 meters from the farm, plus a similar distance along an easement road to your farm. This may cost around $15,000 to install. Another option of course is to go solar, and a hilltop windmill could generate power too.
3. Water: It has a 50m well, which was found to have mineral content too high for straight consumption. A filter system could be installed to make it potable.

We can recommend excellent people to work on all these things for you if you purchase the property.

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