Chapter 30: In Cabo San Lucas, 2/16/25
Chapter 30: In Cabo Checking on Real Estate
Sunday, February 16, 2025
As I noted yesterday, B4 and I are building a condo here. Construction is much delayed.
There is more real estate news here, however. While mourning the delays at Alvar 5502, we stumbled across a house. A rare "front-row" ocean-view home in the Coronado section of the vast development of Pueblo Bonito where we come twice a year for two-week paroles from life. We love it here and it is good for us and our mental health. As the t-shirts here announce, "Welcome to the Fun Side of Trump's Wall."
The house can even be seen from the window at the slowly progressing Alvar.
"Ours" is the one on the left; it is the sixth house from the "road." They are all very similar houses and, in this photograph, blend together.
These front row houses are, for me, the best in Coronado. The owner of one of these doesn't look over the roof of his neighbor's house to see the vast Pacific Ocean. Instead, one gazes over desert cactus and the seventeenth hole of the Jack Nicklaus Signature designed Quivira Golf Course. The houses are relatively new, most built in 2018, each slightly different in design from its neighbor and equipped with a swimming pool, spa, outdoor kitchen and more.
I have threatened to buy real estate here in Cabo since I first came here in 1979 when it was all desert. Each time I didn't act, I soon regretted it as prices soared and soared and soared again. Construction here continues to boom with properties offered from a half million to, well, way more than we have in combined net worth.
The trigger was finally pulled at Alvar. But now, with the delay, the price of those condominiums has inexplicably risen. Once our 5502 unit is complete we will most likely flip it. If we can complete the transaction on this Coronado house, that is. Due diligence has begun and, based on what I saw today, nothing untoward will block our path.
The house offers great views of the Pacific and two things the Alvar condo does not: a private pool for hot days and a personal hot tub for cool evenings. Like most houses down here, it comes furnished and equipped. While our inspectors checked mechanical features, I inventoried kitchen and bedding stuff for B4. B4's Cabo buddy Atenas stopped by and I took her to lunch at the beach club of which we are now members by virtue of owning the Alvar condo...even in its unfinished state.
Humpback whales were frolicking directly off the beach. I ran into a few new friends at the beach club, one of whom, Celeste, put me in touch with her "guy" who can get our car delivered before our next trip down. I spent the afternoon communicating with him about not only picking it up and transporting it but also handling licensing and Mexican insurance. That's now been arranged. We are going to be here on our regular spring trip in April and having our new minivan car here will disappoint the rental car company.
I do love Cabo.
Early tomorrow morning I leave real estate concerns behind and head north to San Ignacio in search of gray whales.
