Under Contract
Price $1,999,000
Status Under Contract
Listing ID #002023
Location Valle Escondido, Boquete, Panamá
Beds 6
Baths 7.5
Garage 2 Car plus Golf Cart
Living Area 11,850 Sq. Ft (1,110.00 Sq. M)
Lot Size 5,245 Sq.M = 1.3 Acres
Furnishings N/A

Description

Palatial Residence with Guest House in Valle Escondido

In Boquete, Panama is Valle Escondido, the world famous residential development credited with starting the wave of expats coming to Panama. It is a beautiful community, walking distance to downtown Boquete and complete with lots of wonderful amenities such as a spa, golf course, tennis, bar, hotel, restaurants and more. It is a very popular destination for expats and well-to-do Panamanians alike.

The community has a separately gated area called the Estates section. This area is reserved for the most exclusive Valle Escondido homes on the largest lots. As you enter the Estates section and pass lovely homes and the golf course, you come to the apparent back end of the valley. However, past the Valle Escondido development owner’s home and around a little known corner is the access road to Valle Escondido’s very impressive and most private estate home. The house is tucked behind a hillside providing privacy from the rest of the valley. It is a very privileged location in one of the most sought after spots in all of Panama.

That palatial residence is now for sale for the first time.

The estate has a grandeur that whisks one away to another place…another time.

Taking advantage of the year-round spring-like climate, the house encourages one to step outside into one of the extensive, well-covered loggias or verandas. There is a swimming pool for lounging alongside or in; for play or playful exercise. The hillsides provide privacy here. They also provide a beautiful and relaxing tropical scene.

Inside, the house transmits a subtle charm and comfort. The wood beamed ceiling and wide fireplace of the living room are great complements to the many windows that brighten the room.

Another living room with a second fireplace seconds as a library or tv room also with lots of tall windows.

The kitchen is impressive and is designed to accommodate party prep style culinary efforts.

The property has a total of six bedrooms and 7.5 bathrooms. They are distributed as follows: There are five bedrooms, five full baths and 2 powder room baths in the main house. The room currently used as a gym could become the sixth bedroom in the main house. The guest house has 1 bedroom, 1 bath and a kitchen.

The bedrooms and their accompanying bathrooms are generous and well-appointed.

The master bedroom is particularly spacious and comes with a large dressing room walk-in closet.

The house for sale has an enclosed garage for multiple vehicles – 2 cars plus a golf cart.

Outside, the grounds are meticulously maintained and come with a delightful pond. There is also a mountain stream that borders the property providing sweet sounds and sights. Eat fruit from your own trees. The fruit trees on the property include papaya, lemon, banana and avocado.

Valle Escondido is considered a secure community including guards for peace of mind. The house also comes with a backup electric generator and backup water and filter system.

This home currently has three very trusted staff who are interested in working with the new owner.

There is a transferable tax exemption on the house until July, 2031.

The total home size is approximately 11,850 square feet. The enclosed construction area of the home is a spacious 7,200 square feet with the remainder exterior construction and covered areas.

Palatial is the best word to describe this extraordinary residence. Enjoy Boquete life in your new home… your private Palace in Boquete’s most exclusive location.