Dynamic 5.4 Hectare Development Parcel with Potential for Ocean View Lots and Commercial Road Frontage. This impressive 5.4 Hectare development parcel is located inside the upscale gated community of Ladera del Mar and offers impressive ocean and valley views overlooking Playas del Coco. You will get direct access to the property through the existing road structure of the Ladera del Mar project. There is the potential to carve out 5 ocean view home sites, creating an ideal project for a small, yet exclusive development. As a bonus, there is a large usable portion of the development parcel that has over 200 lineal meters of direct road front access on the main public highway (Route 151) leading into Playas del Coco. This portion of the property is suitable for a mixed use commercial development and enjoys heavy vehicle traffic providing the utmost visibility for any commercial or retail operation. The ocean view portion of the property will be part of Ladera del Mar, an upscale Gated Community with a beautiful private entrance complete with a welcoming reception center. All the internal roads of Ladera del Mar are paved and wind through a park like setting with mature trees, tropical landscaping and abundant flora and fauna. The property is 25 minutes to the Guanacaste International Airport (LIR) and only 10 minutes to the town center of Playas del Coco where you enjoy all the watersports, shopping, restaurants, nightlife, healthcare, and services of the famed Papagayo area.