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SOLD (#30)

Sabalito,
Costa Rica
$395,000 Sold
Sold
  • 2515
  • 0
Lucas Mongrillo
Lucas Mongrillo
Contact Agent

Description

Lake Arenal is a newly developing region.  A truly international community, the area attracts North Americans, Europeans,  Asians,  and many Costa Rican families now building second homes.

The finca is located at the edge of the village of Sabalito, residence for about 200 Costa Ricans and about 20 ex patriots from the US, Canada, and Europe. The lake is a world class windsurfing destination and offers a refreshing swim.
Like a small and ancient mountain itself, the finca has about 10 acres of land on its flat top.  This part of the farm is sheltered from the seasonal 6 weeks of wind by a band of very old forest.  The forest is filled with very old trees and exotic plants.  Bounded by 2 rivers, the slopes provide another 24 acres/10 hectare with an elevation drop to the rivers of about 75 meters/150 feet.  There are many great home sites to choose from, including closer to the house at the beginning, along one side of the property’s border, and also in front where there are lake and mountain views. There is no end to choices on such a large property. The property has a 60 Meter Well, Abundant Pure Water,
Electricity, and is Internet-Ready.

This property has a renovated farmhouse with 4 sleeping rooms and two bathrooms, which used to be the local church and is on 500+ m2 of land . It is a simple but perfect home as the gatekeepers home, or if you prefer a rustic home, this one might work for you. It is very private, located at the end of a dead-end street where the acreage adjoins it. The larger property has a small rustic casita for a worker to live in. If you wish to have farm animals they could care for them.

The owners are willing to Divide the Farmhouse and land in a few different ways.
* Farmhouse $65,000
* About 20Ha./24 acres including the north slope currently in reforestation $200,000.
* About 5 Ha./14 acres including orchids and lake and volcano vistas $150,000.
With an earnest deposit, the owner will assume expense for survey and plans for a smaller portion. The property is eligible for organic certification as the owners have not used pesticides or herbicide in 16 years of ownership.

The property used to be worked as a Fruit Orchard for selling at the market, and has many varieties of fruit trees. The gardens display many choices of flowers and orchids throughout.

At the altitude of 700 meters/2300 feet and situated between Volcano Tenorio and Volcano Arenal, verdant green mountains gently slope toward Lake Arenal in parts with Lake & Volcano Views. located 2 Km West of the western tip and 200 Meters higher than Lake Arenal.

The lake provides significant renewable electricity to much of Costa Rica.  Estimates vary from 60% to 80%.   Windmills at the western end of the lake were the first wind farm in the world to yield a positive bottom line.  Geothermal wells on Volcano Tenorio are constantly monitored and studied for future use. Renewable energy remains an attractive investment opportunity throughout the Costa Rica.

Amenities

No amenities.

Additional Information

Property ID: 30