El Valle House for sale: 4 bedroom 7,000 sq.ft. (Listed 2010-12-23)

• Email This Property
• Feature Sheet
• Mortgage Calculator
• Schedule a Visit

• Property Value$423,000
• Property AddressEl Valle, El Valle, Panama, Panama
• TypeHouse
• Parking2 cars
• Year Built2006
• Est. Property Tax15 year exemption

• Living Area7,000 sq.ft.
• Lot Size Area1.50 acres
• Bedrooms4
• Bathrooms4 full

El Valle Address

El Valle, El Valle, Panama, Panama

Description

Spacious and comfortable home located 15 minutes from Pacific beaches and 25 minutes from mountain village of El Valle. Slightly more than 1 hr to Panama City. Within 30 minutes of 3 golf courses.

Great ocean views from rear of house; great mountain views from front of house. Situated at approximately 700 ft elevation. The house has a completely separate 2 bedroom, 2 bathroom apartment on the ground floor that opens onto a 2500 sq ft covered patio/social area. Also located on the ground floor are the laundry area and maid's quarters containing bedroom, private bath, and kitchenette.

The second and third floors feature a spacious open floor plan with an additional 2 bedrooms, 2 bathrooms, optional 3rd bedroom or office area, kitchen and living areas, rear patio and wraparound deck (1500 sq ft).

Total square footage of living space consists of 3000 sq ft, PLUS 4000 sq ft of covered deck and patios. Additionally, 4 outbuildings include: poolside bohio; pool house for pump and equipment; pump house for potable well; and storage facility for tools and garden equipment, etc.

The house "fronts' on a paved secondary road. Serviced by private potable well, community water system, electricity, wireless internet, Direct TV. House has lightening arrestor system.

The lot is approximately 5941 m2, i.e. 1 1/2 acres and completely fenced with cyclone fence topped with barbed wire. Front entry gate is electrically powered and operated with remote controllers (i.e. garage door openers).

Approximately 15 years remaining on 20-year tax exemption. Thus, the house is 5 years "new". The original builder will duplicate this house today for $399000 EXCUSIVE of the cost of the lot (which is valued at $120000). Therefore, they are selling at approximately $100000 below replacement cost of house and land. SERIOUS INQUIRIES ONLY.

A June 2010 appraisal valued the house and lot at $438000 ($318000 for the house plus $120000 for the lot). Thus, we are offering this property at $15000 below current appraised value.

Features

Appliances Included:
Air Conditioning
Dishwasher
Disposal
Microwave Oven
Oven
Refrigerator
Stove/Range
Washer/Dryer (Clothes)
Water Heater(s)

Additional Out Buildings:
Bohio/Rancho
Cabana
Car Port
Guesthouse
Workshop

Features:

Alarm System
Bar-B-Q Grill Area
Ceiling Fans
Creek/Stream
Fruit Trees
Furnished
Guest House
High Ceilings
Inside Laundry
Internet Available
Maid's Quarter
Pets Allowed
Pool
Social Area
Storage Area/Deposito
Tile Roof
View