53 INGENIO STREET, LUQUILLO, Luquillo, Residential

Property Description

LARGE PROPERTY WITH MAJESTIC VIEWS spanning from the mountains of El Yunque National Forest to the beaches of Luquillo, Puerto Rico, USA.

Current owners pay $75 per month for home insurance and $65 per month for property taxes. The monthly initial expenses shown in Monthly Payment Calculators below are NOT accurate and have not been corrected after multiple requests so please utilize these correct figures in your analysis of this property.

LOCATION, LOCATION, LOCATION: Property is located in the sought-after gated community of Hacienda Margarita in the beach town of Luquillo. The low $150 HOA includes 24-hour guard at gate, access to a lovely clubhouse, a semi-Olympic pool, tennis /pickleball courts, playground, and common area maintenance. Hacienda Margarita is within 15 minutes of palm-studded beaches, Walmart, Walgreens, Petsmart, banks, supermarkets, cinemas, medical facilities, and restaurants, including the famed Luquillo kiosks. Trails and waterfalls of El Yunque rainforest are 20 minutes away.

Very easy access to PR-3; 40 minutes to Luis Muñoz Marín International Airport, 45 minutes to San Juan. There are several great marinas about 20 minutes away. The Ceiba Ferry Terminal is a 30 minute drive away, for getaways to the islands of Vieques and Culebra.

THE PROPERTY: This approximately 2500 square feet 5-bedroom turnkey home on a 3000 square meter lot (about ¾ acre) on a hill could be your dream home! There are views from all terraces and most rooms. Huge covered terrace downstairs and open terrace above with panoramic views. Beautifully remodeled and enlarged custom made kitchen with butler’s pantry, wet bar, quartz counters, termite-resistant Paraguayan cedar cabinets, and PVC interiors. Upstairs laundry room. Enlarged master bedroom (12’ X 18’) with large walk-in closet and access to upstairs terrace. Custom made his and her ensuite vanities and hall bathroom vanity. There are 2 ½ bathrooms upstairs and a half-bath downstairs. House has 6 mini-split inverter air conditioners. Fiber-optic connection for high-speed wi-fi internet access and streaming! This home has been 100% constructed of cement blocks with cement foundation. All floors are ceramic tile.

Property is ready for potential power and water outages! There are 29 solar panels with individual micro-inverters, a 14 kWh Tesla Powerwall II battery, all under warranty. Currently net metering with power company. Solar system status and activity are monitored via apps. There are 2 water tanks totaling 600 gallons filled by AAA (the water authority) for home use during water outages. There are 3 rain water collection tanks totaling 300 gallons. House also has a solar water heater.

Home includes an attached workshop/storage area, kitchen and laundry appliances, window treatments, hurricane shutters, and gardening equipment. Also included is a newer Ryobi 6500 generator.

No neighbors behind! Large and flat back yard is suitable for a pool with gorgeous views. Approximately half the property is on a slope featuring flamboyan trees, beautiful heliconia flowers, and fruit trees. Halfway down the slope is a fairly flat area with views, suitable for a gazebo. Heirloom bananas and plantains are right in the back yard.

SECURITY – AMENITIES – VIEWS – LOCATION – BEAUTIFUL HOME – What more could you ask for? This must-see property has it all!

Property is being sold as-is and is not subject to appraisal. Reasonable offers will be considered.