About Panoramic Ocean View Residence
Perched within the prestigious Corona del Cabo 1 community near Playa Grande, this remarkable estate offers much more than just a home; it provides a front-row seat to some of the most breathtaking scenery in Guanacaste. From its elevated vantage point, you can enjoy 180-degree panoramic views that sweep across the Pacific Ocean, the vibrant town of Tamarindo, and the entire bay. It is a place where the sunset becomes a daily event rather than just a moment.
The primary residence is a masterclass in minimalist tropical architecture, covering 240 square meters of bright, open living space. The layout is designed to be seamless, featuring a modern kitchen that flows directly into the main living areas, three comfortable bedrooms, and three and a half bathrooms. Large windows and thoughtful design choices ensure the ocean is almost always in sight. Outside, the 40-square-meter infinity-edge pool serves as a private oasis where the water seems to merge with the horizon.
One of the most compelling aspects of this property is the land itself. Spanning over 5,400 square meters, the lot carries a rare mixed-use zoning designation. Only two other properties in the entire development hold this permit, which allows for both residential and commercial ventures. This creates a massive opening for someone looking to build a boutique hotel, a restaurant, or additional rental villas. To jumpstart that potential, the estate already includes a secondary two-bedroom, two-bathroom guest house that is ideal for immediate rental income or for housing friends and family.
Practicality is handled with the same care as the aesthetics. The property includes a three-car covered garage, full air conditioning, and two dedicated water storage tanks with pressure pumps to ensure a constant supply. Accessibility is easy thanks to paved roads leading right to the electric gate, and because there are no HOA fees, the monthly carrying costs remain low.
Located just three kilometers from the world-class surf breaks of Playa Grande and a short drive from local schools and shops, this villa strikes a perfect balance between seclusion and convenience. With so much extra space on the lot, the potential for further development is limited only by your imagination.
Features of Panoramic Ocean View Residence
| MLS® # | costa_rica_23079 |
|---|---|
| Price | $1,097,750 |
| Bedrooms | 5 |
| Bathrooms | 5.5 |
| Half Baths | 1 |
| Square Meters | 347 |
| Lot Square Meters | 5,404 |
| Type | Residential |
| Sub-Type | Single Family Attached |
| Status | Active |
Community Information
| Address | Panoramic Ocean View Residence |
|---|---|
| Subdivision | Playa Grande |
| City | Tamarindo |
| County | Santa Cruz |
| State | Guanacaste |
| Postal Code | 50308 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Additional Information
| Date Listed | January 27th, 2026 |
|---|