SOLD

This milllion-dollar investment property reduced to $585,000

This gently sloping though nicely complex property not only has a home and a guest casita but also scores of fruit trees in great variety. The owners in 9 years have made some wonderful improvements while at the same time preserving 20 acres of primary forest. Forested hills rise above it while many acres of protected forest lie below it. The owner is a civil engineer who has done sophisticated work on the infrastructure, including the electricity, water, and roads. The property is especially notable for its wealth of water sources. There are 12 springs, 5 of which are used to supply the property. Just one of the springs helps supply water for the town of Nuevo Arenal. The owners have carefully developed the land so that the beauty is preserved. 10 lakeview building sites are hidden in the forest. 3.5 kilometers of private interior roads access the plantels (building sites) and other features. Located 2.5 kilometers from the paved lake highway near Nuevo Arenal, the property has a paved road from the gate to the house and the nearby guest cabin, which also has a large garage. Nuevo Arenal is about 10 minutes away, Tilaran about 35. Though this property has been valued at well over $1,000,000, the owners have reduced the price to $585,000.