Four Story Multi-Unit Building on Nearly One Acre - $239k
Four Levels
Four Bedrooms
Three Bathrooms
3604 Square Meter Lot
Asking $239,000
Casa La Fortaleza is a rare opportunity to own a spacious Four-Bedroom, Three-Bathroom multi-level property on nearly an acre of land (0.89 acres / 3,604 square meters) in El Carrizal, just 15 minutes south of San Juan del Sur. With breathtaking views of the surrounding valley and glimpses of the Pacific Ocean, this unique four-story building is ideal for anyone seeking a private retreat, a large family home, or a flexible rental investment.
The home is designed for versatility. Currently divided into three separate units, each floor offers privacy, comfort, and incredible natural light. Whether you're looking to live in one unit and rent the others, convert it into a boutique guesthouse, or keep it as a spacious single-family home, the options are endless.
Located near the entrance of a peaceful development with no HOA, Casa La Fortaleza is close to the eco-conscious Finca Escamequita community and just a short drive to Playa Hermosa, Playa Remanso, and Playa Yankee. The area features abundant wildlife, scenic hiking trails, and a tranquil setting that blends seamlessly with nature.
The Home Features:
Solid steel and concrete construction (built 2018) with high ceilings
Recently repainted in 2023
Earthquake-resistant foundation
Off-grid solar power system (easily connectable to the city grid)
Private septic and two large rainwater collection cisterns
Fully fenced, gently sloped lot with unobstructed valley views
Rooftop terrace with panoramic 360° views
Potential for rooftop studio conversion
Ample space for a pool, garden, or additional construction
Commercial/residential zoning for future development
Layout Breakdown:
First Floor (Ground Level):
Currently configured with two rooms—one used as a storage space and the other as an office/game room with an ensuite bath. With a simple conversion, this level could become a self-contained studio unit with private garden access.
Second Floor:
Features Two Bedrooms, One Bathroom, a fully equipped kitchen, and a bright living room with a valley-facing mini terrace—perfect for al fresco dining.
Third Floor:
Includes Two Additional Bedrooms and One Bathroom. One of the bedrooms could be easily converted into a kitchen/dining area to create a second self-contained rental unit.
Fourth Floor (Rooftop):
The crown jewel of the home—an expansive rooftop terrace with sweeping views in every direction. There's plumbing and electricity in place, allowing for conversion into a penthouse studio, a yoga or meditation space, or a stunning communal area with sliding glass walls.
Bonus:
Adjacent lots available for purchase:
Lot 27 – $33,000
Lot 28 – $35,000
Whether you’re looking for space to breathe, the chance to create a multi-unit rental property, or simply a unique place to call home, Casa La Fortaleza offers it all.
Asking $239,000
Contact me today
Joel Stott-Jess
Cell / WhatsApp: (+505) 8176 8624
US Number: 1 786 651 5481
Originally from Alberta, Canada he has been doing business in Nicaragua since 2014.
An investment consultant, serial entrepreneur, surfer, and outdoor enthusiast he is an expert on the real estate and business markets in Nicaragua. He also operates The Central Investor, a real estate and investment blog focused on the entire Central American region.
