Isla Verde, Lago Alajuela

** PRICE REDUCED ** Beautiful, turn-key, lake front Estate for Sale
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Property Details

Property ID
For Sale
Lake Alajuela/Madden
Property Type
Single Family House
Sale Price
$ 395,000
Price per m2
$ 57
Total Area
9686 m2
Title Status
Property Title
Date Published
Jul 31, 2017
Sep 28, 2018
Times Viewed

Property Description

Location: Lake Alajuela, Isla Verde
Price: $599,000.00
Property size: 9686 m2 or 2.39 acres 
Price / m2: Less than $61.00
Lake frontage:  70.3 meters / 260 feet
Road frontage: 66 meters / 216.6 feet
Rooms: 7
Bathrooms: 6 full

  • Water system,
  • electricity,
  • cable and wireless.
  • 260' feet of lake frontage
  • Separate guesthouse with 5 bedrooms, 3 on suite baths.
  • In ground pool 44'x 20'
  • New, heavy duty storage building, 36' x 24.5 ft.
  • Bohio / cabana, 35' x 24.5', with full bathroom, and outdoor wet bar


Beautiful, turn-key, lake house in Isla Verde, Located on Lake Alajuela, high above all other homes with incredible lake and mountain views extending to Panama City.

Would make an ideal yoga retreat taking advantage of the bohio and the natural breezes as it sits above the lake. Natural fruits and produce including avocados, bananas, coconuts, tangerines, mini bananas (manzanos), cashews, plantains and yucca are abundant on the property.

The property is located in a private gated peninsula, 20 miles from Panama City, and 21 miles from the City of Colon. The property is lake front with 260 feet of actual frontage.

The main house has 2 bedrooms, 2 full bathrooms with an open floor plan to include a large kitchen. The kitchen island bar has a separate sink and seating for 8 persons. 

Upstairs is dedicated to the master bedroom 25' x 16', with on suite bath of 16 x 9'. Bath contains both walk in shower and a separate Jacuzzi tub. From the master bedroom, walk out onto the 35' x 11' patio via glass sliding door, and watch an assortment of birds including toucans as they congregate in the morning and evenings. Complete with 4000 BTU air conditioner.

Main floor bedroom: 11' x 24' with A/C and glass sliding door separating it from main open area.

Guest house contains 3 separate bedrooms upstairs. Each bedroom is 11' x 14'. Each contain their own full bath of 7' x 11'.

Main floor of guest house contains two rooms, 10' x 22' each. One is used as an office with A/ C, the other is used for pool storage with a double bunk bed inside.

The property has a large bohio/rancho measuring 80 m2 in which there is a bar with sink, and separate bathroom with shower. A relaxing swimming pool, 8 feet deep with a built in walk around shelf. If you enjoy entertaining guests, this is the place. The pool engine room is located in the rear of the guest house.

The property has a laundry area, of 16' x 12', where a hot water heater is also located. 

A new heavily constructed storage building of 82.28 m2 (36.2 ft .x 24.5 ft.) could be used for storage, or altered for residential purposes.

A new heavy duty 21' remote controlled front gate has also been installed. The front wall is 10' in height by 200' feet in length.

The entire perimeter of the property is fenced, with a triple perimeter towards the water. Outdoor lighting and electrical power sources are in place around the interior of the property grounds. 

Water, electrical, wireless and cable are in place and supplied locally. The electrical connection of the property is installed underground.

Property Features

  • Appliances
  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Balcony/Terrace
  • Backyard/Patio
  • Storage
  • Cable TV
  • Lake View
  • Mountain View
  • Lake Waterfront


  • Pool Outdoors
  • Water Reserve Tank


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