Coastal Development Opportunity 123 Lots

Las Cumbres del Mar is an approved, master-planned residential community on a ridge above the Pacific coastline in Ostional, Guanacaste Province, Costa Rica, minutes from the town center of Nosara. This offering is the developer’s entire remaining position, 123 lots across two phases totaling approximately 29.4 hectares, offered as a single bulk sale to one successor developer or investment group rather than as individual lots. Phase 1 contributes 37 lots on the highest ground in the community, north of the creek that runs through the property, carrying the most dramatic ocean views in the development. Roads and stormwater in Phase 1 are complete, and utilities are being connected now, with full completion expected in December 2026. Phase 2 contributes 86 entitled lots on land already secured within the approved masterplan, including two large parcels at the south end, 13,285 and 17,311 square meters, approved under the masterplan permit and bylaws to hold 60 to 80 apartment units each. Those two sites represent a multifamily development opportunity of 120 to 160 units inside the broader master plan, a materially different asset than the surrounding house lots. A neighboring parcel to the south, under the same ownership, carries the community’s existing road and is included in the sale. It connects the project directly to the main Nosara road, removing the need for lower lot and future apartment residents to route through the full community and out the main gate. The community is built around a guarded entrance, an internal road network, and two independent water sources. Each home is required to install its own wastewater treatment system, lowering the community’s environmental footprint and reducing the infrastructure burden typically carried by a developer. Las Cumbres del Mar sits minutes from Nosara, one of Costa Rica’s most established beach and wellness destinations, known for the surf breaks at Playa Guiones and Playa Pelada and a growing base of long-term expat and second-home buyers. The community also borders the Ostional Wildlife Refuge, one of the world’s most significant nesting sites for the Olive Ridley sea turtle, and falls within the Nicoya Peninsula Blue Zone, a designation shared by only four other regions on Earth. INVESTMENT HIGHLIGHTS * The entire 123 lot of remaining inventory of an approved, actively selling coastal community was conveyed to one buyer in a single transaction. * Approximately 29.4 hectares across two phases, 37 lots in Phase 1 and 86 in Phase 2 * Two large Phase 2 parcels totaling 30,596 square meters, approved for 60 to 80 apartment units each, a 120- to 160-unit multifamily opportunity within the existing master plan * Neighboring connector parcel and road included in the sale, providing direct access to the main Nosara road * Phase 1 roads and stormwater are complete, and utilities are being connected, with full completion expected in December 2026. * Guarded entrance, two independent water sources, and a per-home wastewater treatment design already engineered into the community * Minutes from Nosara and within the Nicoya Peninsula Blue Zone, one of only five regions in the world recognized for exceptional longevity * Borders the Ostional Wildlife Refuge, home to the mass nesting of Olive Ridley sea turtles * Asking price of $11,250,000 for the entire remaining project