Basic Facts

  • Location: Nuevo Arenal, Tilaran, Guanacaste
  • Property Type: Independent Home
  • Lot Size: 25,000 sq m (269,098 sq ft)
  • Construction: 535 sq m (5,759 sq ft)
  • For Sale: $795,000 (PRICE REDUCED FROM $2,850,000)

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General Description

REDUCED TO MOVE – THIS IS A FORECLOSURE PROPERTY-LENDER WANTS TO CLEAR HIS BOOKS. COST OVER $1.4 MILLION TO BUILD!

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This spectacular estate home, corporate retreat, or wellness center is situated on a beautifully maintained paradise of gardens and waterfalls. With breathtaking architecture, spectacular views of Lake Arenal, and close proximity to the town of Nuevo Arenal, this private oasis is considered the finest private estate home on Lake Arenal.

Hacienda del Lago, (The Lake Estate) is a remarkable confluence of architectural design and
the natural beauty of Costa Rica. Constructed in 2013 and designed to perfection, the approximate 5,000 square foot residence flows seamlessly. The home offers four bedrooms, a media room or exercise room, and a private second floor master suite with an adjoining office and a private balcony overlooking Lake Arenal. There is also a small staff bedroom with a private bath and separate entrance. The large kitchen offers a chef-style layout. The great room boasts a fireplace. The adjoining living room flows out to a beautiful terrace overlooking Lake Arenal, offering the opportunity to create a romantic dinner for two or entertaining on a grand scale.

The property also offers over six acres of manicured gardens, terraced lawns, a large swimming pool, waterfall, natural stream, over 100 species of flowering plants, and a variety of fruit trees, including orange, grapefruit, and lemon trees. The main terrace and the open-air balconies capture unobstructed views of Lake Arenal, as does the pool and gardens on the lower lawns. Private staff quarters and a helicopter-landing site are also on the property.

Perhaps most noteworthy, is the fact that the property consists of four different segregated parcels totaling 6.2 acres. This offers the next owner the opportunity to build up to three additional 5,000 square foot private homes on the property or a multitude of guest houses or small villas on each of the four parcels.

Hacienda del Lago is perfectly situated overlooking Lake Arenal. The home is ten minutes from the resort town of Nuevo Arenal which offers numerous shops, a large supermarket, a pharmacy and a multitude of fine restaurants. There are several highly rated inns and bed and breakfast accommodations, all within fifteen minutes of the home.

Lake Arenal is without question, one of the most beautiful areas of all of Central America. The
lake is located in the north central region of Costa Rica in a mountain range named Cordillera
de Tileran, approximately one and one half hours from Liberia International Airport and the Pacific coast beaches and three hours northwest of the capital of San Jose. Lake Arenal, 22 miles long and one mile wide is a crystal clear, pristine, freshwater lake at an elevation of 1,500 feet. The lake maintains a year round temperature of 78F or 26C. Lake Arenal offers a myriad of outdoor activities including some of the best freshwater fishing in all of Costa Rica; the Rainbow bass, a fantastic eating fish, can reach 14 pounds. Waterskiing and sailing are popular pursuits on Lake Arenal and there is a local marina just two minutes down the lake road from the house where you can rent a boat or dock your own boat. Windsurfing and kite boarding in Lake Arenal will take your breath away. It is renowned to be one of the top five windsurfing locations on earth. Not only a sport for professionals, this is a sport for beginners too with equipment rentals and lessons available right on the lakeshore. Additional popular outdoor pursuits one can enjoy in the area include mountain biking, hiking, tennis, horseback riding, yoga, nature walks, boating, kayaking and excursions to Arenal volcano.

Hacienda del Lago was completed in 2013. It was designed to accommodate either an extended family or large groups with the same grace and sense of purpose. Originally priced at $2,850,000, later reduced to $1,850,000, the estate is now bank owned and offered for sale below replacement cost at $795,000.

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Nuevo Arenal is a town and district in Tilarán Canton in the Guanacaste Province, Costa Rica. It is located on the north-east shore of Lake Arenal. The former village of Arenal near the La Fortuna area was inundated in 1973 with the formation of the artificial Lake Arenal. Nuevo Arenal was a government project to relocate the displaced people. Nuevo Arenal is located about a one-hour drive northwest from the original village along a beautiful paved lakeside road that goes from La Fortuna to Tilaran.

It is connected by road to Tejona and Tilarán along Route 142. Several miles south-east are the Arenal Botanical Gardens. Arenal Botanical Gardens are rarely open anymore.

Hotel Los Héroes is one of the main hotels about 10 km east of Nuevo Arenal. There are several Bed and Breakfasts within the outskirts of the town, the most notable being Chalet Nicholas and Villa de Cary. The town has notable German and Italian restaurants, a pizza place called Moya’s, also there is a new Organic Food Store called La Farmacia Organica on the main highway across the street from Restaurant Casa Paniagua between the German Bakery and the only fuel station in the area, which is closed at the moment.