Malpaís Coastal Multi Home Property with Ocean Views

Located just 300 meters from the shoreline, this multi home coastal property in Malpaís, Costa Rica offers three residences, walkable beach access, ocean views from a prepared build site, and close proximity to Santa Teresa. Set within one of the Nicoya Peninsula’s most authentic seaside communities, it combines versatility, development potential, and a grounded coastal atmosphere that continues to draw discerning buyers to the Malpaís area.

Malpaís is known for its fishing village roots, uncrowded beaches, tide pools, and expansive sunsets. While Santa Teresa’s restaurants, surf breaks, and services are only minutes away, Malpaís maintains a quieter character that many buyers value for long term living or retreat style ownership. This balance of access and privacy defines the setting.

The property includes two modern homes completed in 2022, built with quality materials and warm local finishes. Each residence offers two bedrooms with custom Guanacaste wood furnishings, a comfortable living area with a half bath, and a spacious kitchen that opens directly onto a breezy deck designed for indoor outdoor living. Laundry areas and a connecting passage between the two homes allow for seamless use as a larger compound or as independent rental units.

A third structure, older yet well maintained and thoughtfully updated, provides two additional bedrooms, one bathroom, a living room, kitchen, storage space, and covered parking. This separate dwelling creates immediate flexibility, whether used for guests, a caretaker, or additional income generation.

The land itself is framed by mature tropical gardens with productive fruit trees including soursop, papaya, banana, plantain, and cacao, along with a small greenhouse for ornamental and edible plants. At the highest point of the property, an existing access road leads to a prepared building site with ocean views, offering the opportunity to design a future primary residence or elevated lookout retreat. Opportunities in Malpaís that combine walkable beach access, ocean views, and development potential are becoming increasingly limited.

For buyers seeking a coastal compound that supports multigenerational living, rental income, or future expansion, this Malpaís property presents a thoughtful and adaptable opportunity within the Santa Teresa and Malpaís region of Costa Rica.