Waterfront - Seller Financing
83566 Playa La Jolla -- # 1-40, Outside of USA,
$ 24,500,000
Property Attributes
  • MLS#6548595
  • TypeLand
  • County
  • CityOutside of USA
  • Neighborhood13.7 acre development of 263 condominium - 37 home
  • Zip00000
  • StyleLand
  • Price$ 24,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size13.7 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

25% return incentive on 13 unfinished units and adjacent pool by advancing 1.8 million on JV bases once these 13 units are sold, plus first right opportunity in future phases. Offering Seller Financing for this entire shovel ready project. Phase 1, 2 and 3 can each be sold separately. Sea of Cortez - 13.7 Acres of prestigious seaside gated community of Puerto Penasco, a perfect destination for relaxation. Just a short fifteen to twenty-minute drive from the city center, Puerto Penasco offers a safe and friendly environment for families, groups, and individuals. Shovel ready and offering Seller Financing with 25% down 8% interest, 5 year balloon. (see motion Video) MAI APPRAISAL available upon request.

Elementary School Middle School High School
Out of Maricopa Cnty Elementary School Out of Maricopa Cnty Middle School Out of Maricopa Cnty High School
Price History
4/26/2023 Listed $26,000,000
7/6/2023 6% - $24,500,000

General Features

Additional Parcels Y/N No
Association Y/N No
Carport Y/N No
City Outside of USA
County Other
Days on Market 150
Development Status See Remarks
Directions Take Freemont west of Interstate 3 to Cam A Playa Encanto, road ends at development.
Disclosures Other (See Rmks), Soil Test, Percolation Test, Seller Prop Disc Stm, Archeological Site, Coastal Barrier Act, Appraisal, Boundary Survey Avlb, ALTA Survey Alba, Development Pln Aval, Special Assmnt Dist, Water
Electric Other (See Rmks)
Elementary School Out of Maricopa Cnty
Elementary School District Out of Area
High School Out of Maricopa Cnty
High School District Out of Area
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 596772.0
Middle/Junior High School Out of Maricopa Cnty
Mobilehomeremainsyn No
Occupancy Description Vacant
Possible Use See Remarks, Retail, Hotel/Motel, Recreational
Property Type Land
Rent Control Y/N No
Sewer Other, Public Sewer
Standard Status Active
Status Active
Street Name Playa La Jolla
Subdivision Name 13.7 acre development of 263 condominium, 37 home sites.
Tax Annual Amount 0.0
Tax Lot 1-40
TaxOtherAnnualAssessmentAmount 0.0
Unit Number 1-40
View Y/N No
Zoning MF, Hotel, RES

Interior Features

Electric On Property Y/N No
Street Suffix --

Exterior Features

Buyer Agent Compensation 3.00
Buyer Agent Compensation Type %
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions Irregular
Lot Features Waterfront
Lot Size Acres 13.7
Lot Size Area 13.7
Lot Size Units Acres
Open Parking Y/N No
Ownerphone 480-266-0240
Road Surface Type Gravel, Asphalt, Treated
Spa No
Vegetation See Remarks


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 00000

AVG $6.16M
AVG 210

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