May 03 2012

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Lake Arenal: Good Buy on Fixer-Upper $85,000 Reduced

Property Reference: Ref # 27

3 bedroom house on 1,500 m2

Fixer-upper home

View of Lake Arenal and Volcano





This solid home is waiting to be renovated by some handy person with construction/ renovation experience. It has the potential of being a luxury home with views available of Lake Arenal from the back of the house by adding a new room with picture windows (and possibly a second floor with the same).  With these changes, you could have a fantastic view of Rainbow Bay cove which would delight you daily.

Res27_0154b08fcdd3221It sits on a one acre property next to the Road to Guatuso, which is only 10 minutes from the busy, growing town of Nuevo Arenal with all services available. It is a friendly town with many ex-Pats who are involved in the community so well liked. We ourselves live only one mile from this home.

The property is triangular shaped and the side away from the road drops down a hillside to a stream that meanders down behind the houses on this road giving it protection from neighbors and privacy. Since it has been here a while, the trees on the hillside are full grown and the yard has a producing orange and mango tree already.

If you want to see a good example of an renovated Tico home (the exact same home originally) look at  ChaletNicholas.com   We raised the roof, added a loft, added a garage, and extended the bedrooms on the right.  All houses were built solidly with 3″ concrete walls by the Costa Rican Government when residents were relocated her to Nuevo (New) Arenal after the man made reservoir Lake Arenal inundated the town of Viejo (Old) Arenal.

Property Reference: Ref # 27

You can contact the realtor directly by completing and submitting the form below. Comments or questions are welcome.

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