For Sale   >   Panama Flag  Panama   >  Panama  >  Cerro Pena
close map
Pic:1 of 12
Pic:2 of 12
Pic:3 of 12
Pic:4 of 12
See all 12 Pic:5 of 12
Pic:6 of 12
Pic:7 of 12
Pic:8 of 12
Pic:9 of 12
Pic:10 of 12
Pic:11 of 12
Pic:12 of 12
Show All 12 Photos
  • B/.950,000
  • (USD 950,000)
  • 4 bedrooms
Owners are motivated and have!redecorated the home in 4th quarter, 2013! Nothing left to do but enjoy.

Beautiful modern American-style home with exceptional Pacific Ocean and sunset views, close to both Coronado and El Valle. One bedroom guest cottage, far removed from the main house, also with ocean views. Total land area is approximately 2.7 acres.

This property is perfect for
1) personal entertaining
2) rental income from using the Guest Cottage
3) corporate retreat
4) destination weddings (one such wedding used the back terrace and pool area)
5) Bed and Breakfast, lpotentially liicenssed for 2-6 rooms

Approximately 6,400 sq. ft., 4 bedrooms and 4 ½ baths, maid`s quarters, and exceptionally large master suite. All rooms are wired for direct TV, internet, phone, alarm, and speakers. Granite countertops are found throughout the home.

The open concept kitchen has a window wall, with views of pool and in the distance, the beautiful Pacific Ocean. It has a breakfast bar and is open to a small dining room, with the large dining room a part of the great room.

There are 18 foot ceilings in the main living area, dining area and kitchen area. The outside area at the back of the house includes a covered wet bar and seating area, a large pool and bohio/rancho.

There is well water, as well as city water. A new water heater was installed in December, 2013.

A wide circular driveway takes you to a covered porte-cochere and entrance into the home. The covered area is attractively tiled. There is room in the drive for 10-12 vehicles, with additional parking near the front gate.

The home was completed September, 2007 and the property tax exemption is valid until September 2027.

Beautifully landscaped, with many palms and fruit trees, there is much to see here. Receptions, meetings, and parties can be accommodated in the large outside area for up 100 people. Colors and design features are stunning! And if this is not enough, there is a quaint guest house with one bedroom, newly redecorated in December, 2013. This house has a kitchen, one bedroom and one bathroom, with an outtdoor, covered living room and views of tropical plants and best of all, the Pacific Ocean!

Approximately 20 minutes to Coronado and El Valle, 30 minutes to the new Panama International Airport in Rio Hato, 60 minutes to the 2nd largest upscale shopping mall in Panama (Westland Mall), 80 minutes to Panama City, 15 minutes to 3 golf courses and several beaches.

The property is held by a corporation which makes the transfer process very simple. At closing the corporate articles and stock certificates are turned over to the buyer.
Contact Philip H. Salchli  --(Phone number)--  (US number) Panama cell  --(Phone number)-- ,
Owners are motivated and have!redecorated the home in 4th quarter, 2013! Nothing left to do but enjoy.

Beautiful modern American-style home with exceptional Pacific Ocean and sunset views, close to both Coronado and El Valle. One bedroom guest cottage, far removed from the main house, also with ocean views. Total land area is approximately 2...

View more