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LUXURY COLLECTION REAL ESTATE

Listing ID #2331

  • 1153 Magdalena Ave.

    Condado San Juan, Puerto Rico 00907

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Property Information
  • Property Type: Single Family Home
  • Price: $2,100,000
  • Size: Lot: 807 sq.mts.
  • 3 Bedrooms
  • 3 Bathrooms
  • 2 Car Garage

House for Sale in the heart of Condado

Build a new custom home in Condado

This charming house for sale in the heart of Condado is surrounded the premier hotels and restaurants in Condado. The Vanderbilt Hotel, La Concha Hotel and Serafina Beach Hotel are within walking distance of the property. New development hi rise condo next door La Peninsula sold out with prices that will reach up to $1,200 per square foot. For comparable values, La Peninsula is less than half a mile away from the property. As a result new buildings to meet the demand are needed.

Located at the center of the Condado District

Built in the mid-20th century by its original owner Eng. Antonio S. Lucchetti-known as the father of the earliest Puerto Rico Electric Power Authority. This enchanting Colonial style home is located at the center of the Condado District, where modern meets traditional. Above all, it is very rare to find a property in the heart of Condado with this large lot size with permits to build up many floors.

Build a new custom home in the heart of Condado

The 800 mts lot is in Magdalena Street, particularly one of the best location lot in Condado for a new development, or remodel or new custom home. The large lot makes this house a unique option in the market, consequently most of the residential lots are on average half of that size. This property offers the flexibility of expanding the existing house, however you can also built a bigger house with over 10,000 square feet of living space.

The property consists a front-side and back-side driveway, covered balcony and a garage for two vehicles. Furthermore, in the patio there is a covered and open terrace, gazebo and outdoor space with beautiful landscaping, pool with water cascade. Inside the house there is a living room, dining room, family room, kitchen, laundry room, three bedrooms and three bathrooms.

The house offers many features; for instance, an ADT security system with surveillance cameras, 20 KW diesel power generator with automatic transfer switch, 600 gallons’ water cistern, laundry and kitchen appliances and A/C split units in every room of the house.

Asking Price: $2,100,000

Property Tax: $1,662.10-annually

Private showings are only by appointment in advance for this unique House.

Please call Francisco “Paco” Diaz Fournier at 787-420-6303 Lic. C-10507 

Or Alex Herrera at 787-649-1000 Lic. C-18880

 

Learn more about Condado best places to go: https://www.bienvenidospuertorico.net/hot-spots-right-now/ 

 

House for Sale in the heart of Condado

Learn more about our team: https://luxurycollectionrealestate.com/properties-for-sale-in-puerto-rico/


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