Why Such an Incredible Price?
The property needs some repairs, updates, and general improvements, which are reflected in its significantly reduced asking price. Originally listed at $295,000 USD, it is now available for just $175,000 USD — a remarkable $120,000 price reduction!
With its generous lot, lake views, private swimming pool, additional apartment, and excellent location, this property offers tremendous potential for buyers looking to invest in a home they can personalize and improve over time.
With some care, thoughtful renovations, and a little vision, this hacienda-style home could become an exceptional private retreat, a wonderful full-time residence, or an investment opportunity in the beautiful Lake Arenal region of Costa Rica.
This beautiful 3,200 ft² hacienda-style home is located in a gated community just 5 minutes from downtown Nuevo Arenal, where you will find most major amenities, including shops, restaurants, grocery stores, schools, government offices, and more. The larger city of Tilarán is about 45 minutes away, offering additional services and amenities, while Liberia International Airport is approximately an hour and a half away. You can also reach the La Fortuna hot springs in less than an hour, as well as the world-famous Monteverde region and the beautiful Guanacaste beaches in just under 2 hours.
The property sits on a generous 2,782.92 m² (0.69-acre) lot, offering beautiful views of Lake Arenal and the lush natural surroundings. At the rear of the home, a bubbling brook and private jungle create a peaceful setting frequently visited by native wildlife, including monkeys, parrots, toucans, and more.
The home features 2 bedrooms, each with its own full en-suite bathroom, plus an additional half bathroom for guests. There is also a spacious office that could easily be converted into a third bedroom, a large kitchen, a formal dining room, and a generous living room with sliding glass doors leading to a covered patio overlooking the lake and private swimming pool.
Beyond the main house, the property includes a one-car garage with an electric door and a separate studio apartment with an additional full bathroom, ideal for hosting guests or generating potential rental income.
Additional Details
- MLS #: CR26014369M
- Year Built: 2004
- Lot Size: 2,782 m²
- Construction Area: 297 m²
- Private Pool: Yes
- Garage: Yes
- Parking Spaces: 2
- Furnished: Partially
- Utilities: Natural Gas Not Available
- Laundry: Laundry Room
- View: Lake,Mountain(s),Panoramic,Pasture,Trees/Woods
- Exterior Features: Deck,Fruit Trees,Landscaping,Patio
- Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
