One of a kind property with high potential!
• 688 sqm , 8 bath , 1 half bath , 7 bdrm single story – FOR SALE USD1,650,000 . Below Market Price!
in Rancho del Oro, Ajijic
Rio Condor 30, Rancho del Oro
This grandiose 23,028 m2 property is nestled in Rancho del Oro, one of Ajijic’s most prestigious locations. Surrounded by million-dollar properties, it sits at the highest buildable point in the Ajijic mountains, offering unrivaled views and top-notch security.
Main House Features
The main house, though aging, is solidly built and provides:
Master bedroom with walk-in closet, full bathroom, and lake views.
A guest room on the opposite end of the master features built-in closets and a shared bathroom.
A large office with panoramic views of Lake Chapala, a secret doorway to a vault, and a full bathroom.
An elongated kitchen with an eating area, large pantry, laundry room, and office access.
Spacious living room with a fireplace and lake views.
A 17-meter covered terrace with panoramic views of Lake Chapala.
Two large, separate garages, detached from the main house.
A studio with a bath, cooking area, and stunning views of the mountainside and Lake Chapala.
Solar water and a solar pool heater, and the property use solar energy for electricity.
Casita 1 Features
Recently remodeled, Casita 1 is a two-story with two bedrooms and bathrooms upstairs. Its features include:
A connected kitchen and living room with a half bath.
A covered front terrace.
In-unit washer, dryer, stove/oven, refrigerator, and solar water heater.
A newly installed septic system.
Casita 2 Features
Casita 2 requires extensive renovation but offers independence, spaciousness, and spectacular views of the mountains and lake.
The property is equipped with:
Self-generated solar energy and its own CFE-certified transformer.
Connection to municipal water with a new cistern, pump, and tubing at the entry point.
Concrete stake fencing.
A paved private road from the main entry gate to the main house and casitas.
A large storage shed for gardening equipment.
Security cameras, automatic gate openers, phone lines, and high-speed internet.
The property, totaling 23,028 m2, is sold as a unit and has three titles.
Deed one: Urban, 4,661 m2, covers the main house and all structures except Casita 2.
Deed two: Urban, 7,184 m2, includes Casita 2.
Deed three: Rustic, 11,183 m2, covers the uppermost portion of the property.
This property offers considerable investment potential:
Instant equity due to selling below market value.
Potential for use as a rental property.
Opportunity to remodel and upgrade for significant value increase.
Potential for subdivision and additional home sales.
Zoning allows for the construction of at least 6 additional homes on deeds 1 and 2.
Monthly expenses total around $12,500 pesos or less than $625 USD, including property taxes, water, and caretaker costs.
The Rio Condor 30 property in Rancho del Oro, Ajijic is an exceptional investment opportunity for discerning buyers seeking a premium location, stunning views, and promising investment potential.
Property Coordinates: Lat. 20.3043576 Long. -103.2822645