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Mountain Estate & Prime Development Opportunity | $799,000
Rafael Gangi Agent Photo
Rafael
Gangi
C. (507) 6550-5186
P. (507) 226-5704
Phone Rafael
PANAMA SOTHEBY'S INTERNATIONAL REALTY
Calle 70 San Francisco, Ph Setenta 30,oficina 102
Panamá
Panamá

Details

%
Years (35 year max)
Years



AreaBoquete
Sub AreaJaramillo
CountryPanamá
Price$799,000
Property TypeHouse
Bedrooms6
Bathrooms6
Floor Space418 m²
Lot Size10053.00 m²
Year Built2005
Parking6 Spaces, Open
MLS® #21604

Perched at 4,200 feet (1,280 m) in the prestigious Jaramillo Abajo, this exceptional private mountain estate offers unobstructed 180° views of Volcán Barú, Panama’s highest peak. Experience magical sunrises, fiery sunsets, and drifting clouds-all in a setting where nature’s beauty and serenity truly inspire. The unique topography guarantees permanent, protected views, making this a rare investment for those who value seclusion and natural splendour. Formerly a top-rated Airbnb retreat, the estate now presents a unique redevelopment opportunity following structural issues caused by heavy November 2024 rainfall. You may opt to renovate the existing main structure or entirely reimagine the site with a new luxury residence or bespoke multi-structure development. Key Features: • 1 hectare (10,000 m² / 2.5 acres) of prime real estate with 318 feet (97 m) of road frontage and forested boundaries. • Existing structures include a compromised 4-bedroom, 4-bath house and two detached one-bedroom casitas (one compromised), plus parking for 10+ vehicles. • Established infrastructure: power, fibre-optic internet, and a fully licensed year-round spring with municipal water. • Lush landscaping with fruit trees and abundant wildlife, including 90+ bird species, sloths, and armadillos. Redevelopment Options: • Luxury Estate: Remove the existing house and construct a custom home that captures the breathtaking views. • Exclusive Gated Enclave: Develop a multi-residence retreat that leverages the site's prime location. • Boutique Resort/Wellness Retreat: Design an eco-luxury retreat with private casitas and spa facilities for an immersive nature experience.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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