Playa Flamingo, Cabo Velas, Santa Cruz, Guanacaste 50308, Costa Rica
Villa Margarita is a rare, legacy hacienda-style beachfront estate located directly on the white sands of Playa Flamingo, one of Costa Rica’s most prestigious and visually striking beaches. Originally constructed in the 1970s, the property showcases timeless Costa Rican coastal architecture set on an irreplaceable stretch of true titled beachfront, offering a level of character and authenticity that is increasingly difficult to find.
The estate sits on an expansive 4,836 square meter (1.19 acre) beachfront parcel with an exceptional 72 meters (236 feet) of direct beach frontage. This extraordinary scale provides remarkable privacy, openness, and beachfront presence, making the property a true standout in today’s luxury market where comparable beachfront parcels are becoming increasingly scarce.
The property is composed of a main residence and a separate carriage or guest house, allowing for flexible use as a private family compound, luxury vacation home, or long-term legacy retreat. The main residence features four bedrooms and four bathrooms, thoughtfully arranged to accommodate both privacy and comfort. The primary master suite is located on the first floor, making it ideal for single-level living, while two additional master suites are situated on the second floor, each offering en-suite bathrooms and elevated ocean views. A fourth guest bedroom is located behind the kitchen and laundry area and has access to a full bathroom, providing additional flexibility for guests or staff.
Architectural elements throughout the home reflect classic hacienda style, including clay tile floors, exposed wood beams, white stucco arches, and expansive covered verandas connected by arched walkways. The design emphasizes seamless indoor–outdoor living, capturing cooling ocean breezes and framing panoramic Pacific views from multiple vantage points throughout the residence.
The separate carriage or guest house includes two bedrooms and one bathroom and is well suited for hosting guests, extended family, staff accommodations, or additional rental use. This secondary structure enhances the overall versatility of the estate while maintaining privacy between living spaces.
Outdoor living areas are surrounded by mature tropical landscaping and generous open grounds designed for both relaxation and entertaining. A private swimming pool, shaded terraces, and open lawns flow naturally toward the beach, creating an effortless connection between the home and the shoreline. Direct access to Flamingo’s calm and swimmable waters completes the experience, offering a true toes-in-the-sand beachfront lifestyle.
Villa Margarita enjoys a prime location within walking distance of the Flamingo Marina, world-class dining, shopping, and essential services, while still maintaining the exclusivity and tranquility of a low-density beachfront estate. An additional and increasingly valuable asset of the property is its documented water availability, an important consideration for beachfront ownership in Costa Rica.
Opportunities to acquire a property of this scale, frontage, architectural character, and beachfront positioning are exceptionally rare. Villa Margarita represents a once-in-a-generation offering suitable as a private luxury residence, a multigenerational family compound, or a high-end rental or hospitality-oriented retreat. More than simply a home, Villa Margarita is a legacy beachfront asset in one of Costa Rica’s most enduring luxury coastal markets.
6
beds
5
baths
297.29 Sq.M. LIVING AREA
4,836 Sq.M. lot
The KRAIN team not only assists clients in purchasing homes in Costa Rica but also helps with anything their clients need to ensure a peaceful transition into Costa Rican life.