PEDREGAL
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PEDREGAL: SINGLE FAMILY HOUSE LISTINGS
Pedregal in Cabo San Lucas is a premier, gated luxury community perched on the southernmost tip of the Baja California Peninsula, known for its stunning oceanfront estates, panoramic views of the Pacific Ocean and Sea of Cortez, and old-world Mexican charm with cobblestone streets. Established in the 1970s as Cabo’s first master-planned luxury development, it remains an iconic destination for high-end real estate, often referred to as the "Hollywood Hills of Cabo."
Key Features of Pedregal Real Estate:
Property Types: Includes custom-built homes, oceanview villas, low-density condominiums, and homesites, with architectural styles ranging from retro 70s mansions to ultra-modern designs. Prices range from $495,000 for a 2-bedroom condo to $17.9 million for a 9,996 sqft luxury estate, with an average listing price of $1.51 million and $401/sqft.
Amenities: Offers a private beach club, direct beach access, The Spa at Pedregal, tennis and pickleball courts, fitness centers, yoga studios, and scenic hiking trails. Residents also enjoy 24/7 gated security, a desalination plant for clean water, and daily trash pickup.
Location: Nestled in the hills above downtown Cabo San Lucas, Pedregal provides easy access to the marina, public beaches, gourmet restaurants, and vibrant nightlife, blending serene luxury with proximity to urban attractions.
Investment Potential: High demand for vacation rentals makes Pedregal properties attractive for income generation, with some homes and condos noted as "cash cows" due to established rental client bases.
Buying Process for Foreigners:
Foreigners can purchase property in Pedregal through a fideicomiso (bank trust), a secure and common method for coastal properties in Mexico. Some listings offer seller financing or local lender options. Consulting a licensed real estate agent - Greg Honan 970-331-9047 greg@searchcaborealestate.com familiar with Cabo’s market is recommended to navigate legalities and negotiate contracts.
Current Market Insights:
Listings include properties like a 5-bedroom remodeled home near the marina with a private pool and solar system for $1.495 million, or a 2-bedroom condo at Montemar 403 with rental potential for $495,000.
For up-to-date listings, www.searchcaborealestate.com provide comprehensive searches updated every 15 minutes.
Quiet Pedregal is an upscale, hillside area with sweeping views over the Marina and the ocean. Vacationers frequent its seafood eateries and stay at high-end resorts featuring swim-up bars. Nearby Lovers Beach and Divorce Beach are popular for swimming and sunbathing, and tour groups on boats visit the iconic Arch rock formation. A weekly farmers’ market sells fruit, pastries, and handmade crafts.