$799,000
Iconic Ocean View Estate in Ojochal with 2 Guest Houses
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# Ojochal River Retreat: A Rare Dual-Lot Opportunity With Built-In Expansion Potential
Southern Costa Rica's most discerning investors continue to recognize the region's exceptional value, and this riverside property in Ojochal stands among today's most versatile offerings.
Perched at the quiet terminus of Papagayo Road just eight minutes from the village center, this recently reimagined 0.76-acre residence commands a tranquil setting beneath a gentle hillside, its grounds bordered by a year-round river that sustains a remarkable ecosystem. Ojochal has evolved into a sophisticated enclave for those seeking authentic Costa Rican living without sacrificing modern comfort—this property exemplifies that rare balance. The river corridor welcomes an extraordinary parade of wildlife: howler and capuchin monkeys, otters, agoutis, basilisks, and an avian spectacle spanning herons, scarlet macaws, toucans, and hummingbirds.
The main residence showcases cathedral-like high ceilings and intelligent ventilation design that eliminates the need for constant air conditioning. A newly outfitted kitchen flows seamlessly into the living area, both opening through expansive glass doors and bay windows onto a covered terrace and the crown jewel: a 2,311-square-foot salt-water pool featuring atmospheric lighting and a cascading waterfall. The guest bedroom (presently separated by a curtain, divisible by permanent wall at buyer's request) and the generously proportioned master suite—complete with walk-in closet and spa-inspired bath combining soaking tub and rainfall shower—both feature climate control. An additional full bath and dedicated laundry room complete the interior.
The stilted river-view terrace functions as an extended living space, appointed with a lounge pavilion, barbecue station, and bar seating ideal for evening wildlife observation. The gently sloping grounds provide effortless river access while accommodating a maturing fruit garden promising mandarins, avocados, mangoes, and pineapples; coconut palms already deliver fresh provisions. Dual storage solutions—a two-vehicle carport with cabinetry plus a separate outbuilding—address practical needs seamlessly.
The property's true distinction lies in its segregated second parcel: 0.37 acres of river-fronted, buildable terrain (minus the required 15-meter riparian setback) positioned for development. A vibrant jalapa-flower barrier demarcates the lots while maintaining privacy and providing access. A four-vehicle carport stands ready. Pre-approved architectural plans and permits already authorize two 678-square-foot guest casitas plus a 236-square-foot pool structure. Recently asphalted entrances to both lots eliminate site access challenges entirely.
This property transcends residential potential—whether envisioned as a private estate, guest-house venture, or mixed-use development, the infrastructure and approvals position it for immediate execution.
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