New to the market, Costa Rica Real Estate Service presents Casa Polaris. Named after the North Star because of the property’s spectacular northern view up the Pacific Coast, this modern home is located in Escaleras, one of the most desirable communities in the Dominical area. Situated on a beautiful 2.8-acre land parcel, the property is conveniently accessed from 4 public roads leading up from the Coastal Highway – Poza Azul Road, Pacific Edge Road, San Martin South Road, and Escaleras Road. Where these roads intersect is known as the “four corners”. This property controls an entire corner and down Pacific Edge Road, giving Polaris an ideal vacation rental location in the heart of Escaleras.
Polaris was designed to take full advantage of the stunning Costa Rican setting surrounding the home. From three covered balconies elevated in the treetops and the private pool area, you will marvel at the spectacular whitewater ocean view stretching all the way up the Pacific Coast towards Manuel Antonio National Park. Below you can watch waves roll into Dominicalito Bay and Playa Dominical (one of the best surfing beaches in Costa Rica). The view of the surrounding forest is just as spectacular as you will be able to witness tropical birds frolicking in the rainforest canopy at eye level. This specific section of Escaleras is also home to large troops of Howler Monkeys and White Headed Capuchin Monkeys. From early morning to dusk, these monkeys are regularly spotted traveling through the treetops around the home.
Solidly Constructed Home with Modern Design and High-End Furnishings
The modern design of Polaris simultaneously creates a sense of privacy and openness. Solid concrete walls with steel accents give the home the look of a fortress facing the road while the northern side has a completely open feel with floor to ceiling windows that bring in the view. The solid construction and the design, work perfectly with the characteristics of the property.
The entertaining spaces include a spacious kitchen and living room that flows outside to a covered balcony with stairs leading to a private dipping pool. The guest bedroom includes a separate private balcony, ample closet space, and a shared full bathroom connected to the living room. Both bedrooms and a laundry room are accessed by a uniquely designed hallway that allows natural light inside during the morning. The master bedroom features a full bathroom, a private balcony, and more closet space. Amenities included with home feature high-end furnishings, modern appliances, tv/internet availability, ample parking, and gorgeous landscaping.
Multiple Expansion Opportunities for More Revenue Potential
Polaris also was designed for expansion with plans for a downstairs third bedroom with a private lounge area (price estimate of $70k). This addition would greatly increase the value and marketability of the home as a vacation rental. Since the property sits on the “four corners” with public road frontage, the 2.8-acre property qualifies for Costa Rican “condo law”. Water concession is in place from a stream located below the house. A buyer can either choose to expand the property immediately, subdivide and sell a portion, or leave it as is while the home generates revenue.
In summation, there is a lot to like about this new offering: Immediate income producing vacation rental (numbers available to qualified buyers), furnished turnkey ready, and a prime real estate asset with developable land located in the very heart of one of the hottest markets in Costa Rica.