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S8 L69-89 Las Conchas Cottages, Puerto Penasco, Las Conchas -

$950,000
: 9
BD
: 7
BA
: 3,680
SqFt

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List Price: $950,000
Status: ACTIVE
Price Change: ▼ $49,000 1790997399
MLS#: 25-1496
Property Type: Single Family Residential
Year Built: 1990
Bedrooms: 9
Bathrooms: 7
Full Baths: 7
Dining Room Description: Area
Living Area: 3,680
Building Name: .
Latitude: 31.292067
Longitude: -113.508217

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Property Description

INVESTMENT OPPORTUNITY in Las Conchas! Las Conchas Cottages is a rare five-home compound on two lots, second row from the beach with beach access and located at the entrance to Las Conchas. The compound includes two 3-bedroom, 2-bath homes, two 1-bedroom casitas and a studio, totaling 7 bedrooms, plus a pool and 4 individual garages. Currently operating as an Airbnb, the property rents for approximately $1,500 per weekend when booked. A new owner can continue the vacation-rental model or explore retreats, senior living, long-term rentals, or a combination of uses. Offered at $950,000 with seller financing available with 50% down ($475,000) and a term of up to 4 years to pay off the balance. Conveniently located near Walmart, restaurants, coffee shops, banks, the Malecon, beach bars & more.

(480) 771-2868

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Additional Information

Taxes: $400
Tax Year: 2023
HOA Fee: $250
HOA Freqency: Monthly
Financing: Owner
Appliances: Dryer, Washer, Oven/Stove, Refrigerator
Laundry: Inside Room, Outside
Electricity: CFE
Sewer: Septic
Water: City
Heating: Forced Air Elec
Air Conditioning: Central, Wall
Stories: 1
Roof: Built Up, Tile
Pool Description: Private
Garage Description: Garage
Garage Spaces: 4