Ocean View Lot for Sale in Santa Teresa$650,000
Listing type: Sold
Plot Size 7,750m2 (1.91 acres)
Property type: Commercial, Lots
This is an incredibly beautiful ocean view lot for sale in Santa Teresa. The property size is 7,750m2. It touches the main public road at the bottom of the lot, and the top part is accessed via an agricultural easement. The property is located close to the popular Banana Beach access, which offers great surfing. It is also a short walk to all the best shops and restaurants.
The top building platform is nestled into the hills above town, where you can enjoy 100% privacy, with quick access down to the shops, restaurants and beach. It will be possible to create an internal access through the property if desired.
The lower part of the lot has 50m2 of main road frontage, and can be used for a commercial project – such as a shopping plaza, restaurant, hotel, etc. The lower commercial part could also be subdivided and sold separately from the upper building platform.
At the top of the property there is a large building platform that can be used for either a large luxury house or a couple of ocean view homes. The breeze up top is refreshing, as is the sound of the waves. The property has terrific ocean views – you can watch the waves and the surfers from the upper building platform, which also provides complete privacy.
The property comes with well water rights. Electricity runs along the front of the property. Once the aqueduct has been completed the property will also benefit from municipal water.
This is an amazing property for someone who has a commercial project in mind, or who would like the opportunity to subdivide. The property would be a great location for either a hotel or a luxury vacation rental home. If you are looking for an amazing ocean view lot for sale in Santa Teresa, this could be for you!