For Sale $2,500,000 - Land
Penocito is a stunning beachfront estate or Eco-development property for sale consisting of 68 manzanas or 120 acres, located in the Rio Escalante-Chacocente Wildlife Refuge. Peaceful, secluded, and serene, connect with nature in one of the world’s most privileged locations, where endangered sea turtles come to nest, troops of howler monkeys wander through the canopy, and stately trees have grown undisturbed for hundreds of years. The Owners have spent the last fifteen years amassing a large collection of properties in and around the Chacocente Wildlife Refuge. They have worked closely with land planners and MARENA to define a plan that allows for a minimal-impact tourism development in the region. In preparation for the initial development of the group’s Master Plan, they are offering this property to discerning investors.
The property, known locally as Penoncito, is a rocky promontory projecting into the Pacific Ocean between two spectacular sandy beaches: Chococente and Veracruz. Its unique position provides amazing views in three directions and easy access to multiple surf breaks. Boasting well over half a kilometer of coastline, the property is designated as an Ecotourism or Sustainable Development zone by the MARENA Management Plan. The location is perfectly suited for an upscale Eco-tourism and/or low-density residential development with up to 10% coverage of the total property allowed. This property is also perfect for a horse/yoga/surf ranch resort.