| Estrella del Mar Resort Near Mazatlan Up for Bid Travel Pulse | |
| go to original December 2, 2012 |
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A sealed envelope holds the answer regarding the future of Estrella del Mar Golf and Beach Resort, an 896-acre, master-planned and gated hotel and residential oceanfront resort development 17 miles south of Mazatlan.
Sheldon Good & Company, a real estate auctioneer, will conduct an international auction offering of the Estrella del Mar Golf and Beach Resort, comprising a 896-acre hotel and residential resort community. The property includes championship golf course, a Wyndham-branded four-star beachfront resort hotel, and more than 2,100 completed and to-be-built premium residential units. Bids for the property are due on Jan. 31.
The resort is located 10 minutes from Mazatlan International Airport on the Isla de la Piedra peninsula. The southern portion of the property, Phase I, has vast infrastructure in place and is currently operational with an experienced management team.
The northern side, Phase II, incorporates hundreds of acres that provide a wide array of future development possibilities, including three additional beachfront condominium complexes, and a second nine-hole golf course, a tennis club, equestrian facilities and numerous shops and restaurants. Buyers may bid on Phase I, Phase II or the entire property.
The southern half of the property, Phase I, measures 465 acres and features a recently constructed 68-room Wyndham Las Villas Hotel & Spa with tennis courts, swimming pool and spa. It also includes three luxury condominium complexes that offer one-, two- and three-bedroom oceanfront units along with large infinity pools, whirlpool spas and underground parking; an 18-hole beachfront Robert Trent Jones Jr. championship golf course and an 8,000-square-foot clubhouse that annually plays host to the Mexican PGA Championship and the Sinaloa Governor’s Golf Tournament.
Phase I also includes single-family residential lots ranging in size from 5,380 to 12,000 square feet. The southern area also boasts a sea turtle habitat, where guests can work together with the resident biologist to help preserve this wildlife species.
The northern half of the property, Phase II, measures 431 acres and features a preliminary plan for three beachfront condominium buildings and a 300-unit townhouse complex, nine-hole signature golf course, tennis club, equestrian facilities, multi-purpose fitness equestrian trail, and shops and restaurants.
“Simply put, the Estrella del Mar Golf and Beach Resort is the finest master-planned hotel and residential resort development available along the western coast of Mexico,” said John J. Cuticelli Jr., CEO of Sheldon Good & Company. “The property offers an investor/developer with the best of both worlds - a resort hotel and golf operation complimented by condo and home site sales, as well as significant oceanfront acreage for future development possibilities.”
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