Upscale 2-Home Estate in a Gated Community with Rental Income Opportunities

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Make yourself at home in this lovely property with two houses, unparalleled majestic views, a greenhouse and space for other projects! All on a 2,713 square meter (0.67 acre) lot in the secure gated-community of Hacienda San Joaquin. It is located a 20-minute drive from Vilcabamba.

 

The main house consists of three stories featuring exquisite stonework all throughout, an open floor plan, high ceilings, and grand picture windows granting magnificent panoramic views of the Andes Mountains. Tasteful applications of ornamental stonework and artisan touches are found in every detail of this 436 square meter (4,700 square foot) 4-bedroom and 4.5-bath home.

 

The main floor boasts a spacious kitchen with granite countertops, an island and quality wood cabinetry, a dining room, spacious living areas, a grand master suite and bath, and an adjacent large covered deck with an outdoor kitchen and barbeque. On the main floor you will also find a guest bath and a laundry room.

 

On the upper floor there are two spacious bedrooms, each with separate baths, and a large open room with natural lighting from large windows and wood floors. From this upper level, there is access to the upper-level open deck with a bar and social area. This deck is ideal for stargazing at night and, since this house is away from the city, there is not as much light pollution at night so the stars are even brighter!

 

The lower floor of the main house can be accessed via a separate outdoor entrance or by the interior stairs coming from the main level, there is a locking door at this stairwell for privacy. This lower-level has a spacious apartment with a full kitchen, 1 bedroom, 1 bathroom, living space and a private deck. The area of this apartment is 65 square meters (700 square feet).

 

There are large picture windows throughout the home that offer stunning views and bring in plenty of natural light.

 

Outdoor living areas include a two-storied deck on the main house where you can enjoy the spectacular views of the surrounding mountains, host gatherings, or have quiet meditation time. The first level of outdoor living space is a 200 square meter (656 square foot) covered deck with a barbeque, outdoor kitchen, and dining and sitting areas. The expansive upper story deck can be accessed from inside or from outside by a spiral staircase. The master bedroom and lower-level apartment also have private decks.

 

The guest house is a 37 square meters (400square ft) 1-bedroom, 1-bath “casita” that exhibits quality construction similar to the main house. There is an attached garage with ample storage space.

 

This property provides two rental income opportunities with the guest house and the lower-level apartment of the main house. Each of these have been profitable rentals. Or, if you anticipate receiving guests, these extra spaces will be great to host them comfortably!

You could also convert the garage into another bedroom for the guest house to make it into a 2-bedroom home.

 

The buildings were American-engineered and sustainably constructed with reinforced foundations which means they are earthquake proof. This high structural standard is not very common in Ecuador, so it adds a lot of value to this house and peace of mind.

 

The property is fully landscaped and includes a greenhouse and a tool shed. Garden beds are home to herbs, fruits and vegetables year-round because of Vilcabamba’s ideal climate. There is a rose garden, additional flower beds, and large lawn areas. The gardens are accessed by stone walkways and stairs. An extensive automated irrigation system with 20 zones covers the whole landscape. Cultivations include 75 fruit trees and additional coffee plants. Fruit varieties include papaya, citrus, banana, avocado, and several varieties of mango, fig, and mulberry.

 

These is still space for further cultivation or additional construction projects on this property.

 

The estate is located in Hacienda San Joaquin, a 663- acre secure community which is about 20 minutes from the town of Vilcabamba. A river runs through the Hacienda and can be heard from this property. The entire hacienda has fiberoptic internet cables.

 

Price: $525,000

Ref. VILCAHSJ2

Property Data

 

Asking Price: $525,000

Location: Hacienda San Joaquin, Vilcabamba, Ecuador

Google maps link: https://goo.gl/maps/J1NU4e9DY559Fo289

Property Size: 2713m2 (0.67 acres)

Population: 5,000 (Vilcabamba)

Distance to the closest town: 20 minutes in car

Distance to Airport (Catamayo): 1.5 hours

Distance to Loja: 1 hour by car

Annual precipitation (Vilcabamba): 770mm (30.3 in)*

*Much of Southern Ecuador experiences a rainy and a dry season. The dry season is approximately June through September, while the rainy season is approximately October through May.

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