12 De Octubre The Oliver, Cabo San Lucas

$1,190,000

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9,542

Square feet

About 12 De Octubre The Oliver

Less than a mile from Medano Beach, Land's End, and the Cabo San Lucas marina, this property presents an unparalleled opportunity. Perched on the mountains flowing from Pedregal, it's ideal for an investor, entrepreneur, or anyone dreaming of a truly unique Cabo retreat. With a capacity to accommodate 24 guests, this compound is poised to be your ultimate family estate, a boutique hotel with Tulum-inspired aesthetics, or a combination of both! This property features a 2-bedroom casita with a rooftop bar and pool and an additional 10 private guest suites--several with private dip pools and all with their own private entrances, full bathrooms, and much much more. With 30% of the property already complete, an additional 50% nearing completion, and the remaining 20% ready for expansion,this property's potential is as vast as its ocean and mountain views. This compound features two fully finished private guest suites, each with full bathrooms and one with its own private hot tub terrace. An expansive kitchen featuring high ceilings and massive French doors leading to a spacious outdoor entertainment, dining, and BBQ area, enriched with a large Neem tree and lush greenery, a wood-deck entrance, and a vibrant koi pond. A fully completed three-car garage with exceptionally high ceilings also complements the property's finished construction. But the true gem of this property is its nearly realized vision, encompassing almost completed construction and detailed architectural plans for a main residence and up to eight additional luxury guest suites. This blend offers immense flexibility for private use or commercial hospitality opportunities. Key features of the property's advancing vision encompass an 80% finished split-level 2-bedroom primary residence with a discreet secret entrance for enhanced privacy, two bedrooms, 1.5 bathrooms, a full kitchen, laundry closet, and a spacious patio. Adjacent to the main residence are two 80% finished luxury guest suites, each equipped with dip pools, indoor/outdoor showers, full bathrooms with double vanities and water closets, and patios offering stunning mountain views. These suites are thoughtfully designed with lock-off doors, enabling them to be either private spaces or integrated with the primary residence, transforming it into a 3- or 4-bedroom home. The rooftop terrace is 70% complete, featuring a dip pool, bar, and sweeping views of the city, mountains, and the Sea of Cortez. Emphasizing its eco-friendly ethos, an aquaponic edible garden graces the rooftop terrace, fed by the ground-level koi pond, adding to its distinctive charm. Additionally, there is a 70% finished self-service spa, with massage and light therapy rooms next to a hot and cold plunge area and spa changing room with shower Atop the robust steel and concrete garage, one to three stories can be added, accommodating an additional one to six suites, as outlined in the plans. Each guest suite throughout this remarkable compound is designed with its own private entrance, enhancing privacy and convenience. This property is a perfect match for an investor, entrepreneur, or anyone seeking an exceptionally distinctive compound. It's an ideal setup for a lavish family estate with accommodations for up to 24 guests. Alternatively, it has the potential to become one of San Lucas' most unique boutique hotels or even a combination of both! One could comfortably reside in the primary home while leveraging the guest suites for commercial purposes. The expansive ground-floor open-concept kitchen and patio offer the versatility to be transformed into a café, restaurant, or other concept. The property originally served as the Developer's personal Cabo residence before it began conversion into a boutique hotel shortly before the Covid pandemic. It was reactivated a year ago with the completion of two guest suites and essential amenities, having earned over $50,000 USD in their first year of short-term rental. This property is a rare blend of architectural ingenuity, is strategically located, and has versatile potential. Sale includes full architectural plans (for a boutique hotel or private compound), renewable building permits, and additional options to acquire CAD files, 3-D models, and/or developer-led project completion. This is a truly one-of-a-kind opportunity that will not last long. -Potential Use: Residence, Boutique Hotel, Muti-Family, Apartments, B&B, Bar Restaurant, Cafe -Pools: 3 in total, as follows: 1 on the rooftop terrace, plus 3 suites with private dip pools. -Bedrooms: 12 in total, as follows: 2-bedroom casita + 10 suites with private entrances. -Full Bathrooms: 13 -Half Bathrooms: 3 -Overnight Capacity: 24 people -Construction: 30% fully completed, 50% nearing completion, 20% ready for expansion

Features of 12 De Octubre The Oliver

MLS® # 24-1096
Price $1,190,000
Square Footage 9,542
Type Commercial
Status Active

Community Information

Address 12 De Octubre The Oliver
Area CSL-Centro
Subdivision Centro
City Cabo San Lucas

Amenities

View City

Exterior

Construction Pre-Construction

Additional Information

Date Listed November 30th, -0001
Days on Market 58

Listing Details

OfficeWARE

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