HWY 5, Magante Dominican Republic, OC
$ 51,000,000
Property Attributes
  • MLS#C7412060
  • TypeLand
  • County
  • CityMagante Dominican Republic
  • Zip56000
  • Style
  • Taxes$ 1000
  • Price$ 51,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size741 Acres
Data Source:
Stellar MLS
Property Description

This oceanfront property is in it’s natural state populated with fruit, shade and ornamental trees.The beautiful turquoise waters house a reef off shore, perfect for snorkel and diving enthusiasts. This property is the perfect location for your Eco-Resort and residential development on the Atlantic Ocean. Located on the North Coast of the Dominican Republic, this parcel is close to the town of Magante, in the Espaillat Province, and just west of the cities of Gaspar Hernandez and Rio San Juan. Amenities: 0.9 mile oceanfront beach, 0.6 mile river that runs into the ocean, Lagoon with ocean access, Proposed Uses of Property:Villa Estates – one (1) acre and one half (1/2) acre, Resort Hotel, Eco Resort, Town Homes and Condominiums, Marina, Eco Activities, and Waterfront Estates.

Price History
6/20/2021 Listed $51,000,000

General Features

Additional Parcels Y/N No
Association Y/N No
Building Area Units Square Feet
Buyer Agent Compensation 2%
Current Use Unimproved
Days on Market 1100
Directions Fly to Dominican Republic Gregorio Luperón International Airport in Puerto Plato is the closest one.
Facing Direction North
Finance Cash, Conventional
For Lease YN No
Lot Size Square Feet 32286457
MLS Area 99999 - Unknown
Percent Ownership Fee Simple
Property Type Land
Sewer None
Standard Status Active
Status Active
Street Name HWY 5
Tax Annual Amount 1000
Tax Year 2018
Utilities Electrical Nearby
Virtual Tour https://www.propertypanorama.com/instaview/mfr/C7412060
Water Access Beach - Private, Lagoon, River
Water Access YN Yes
Waterfront Features Beach - Private, Lagoon, River Front
Waterfront Y/N Yes

Interior Features

Flood Zone Code Zone AE
Front Footage 475
Living Area Units Square Feet

Exterior Features

Additional Water Information This is raw land for development. It is 0.09 miles of beach with 0.06 miles of river, with a lagoon with ocean access.
Lot Dimensions 0x0x0x0
Lot Size Acres 741
Number of Lots 4
Road Frontage Type Highway
Vegetation Fruit Trees
Water Extras YN No
Water Frontage Feet Beach Private 475
Water Frontage Feet Lagoon 450
Water Frontage Feet River 316
Water Source None
Water View Gulf/Ocean - Full, Lagoon, River
Water View YN Yes
Waterfront Feet Total 1241


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 56000

AVG $51M
AVG $1,000
AVG 10351

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