Located within the prestigious Mar Vista community in Playa Flamingo, Guanacaste, this 2 bedroom ocean view home with large lot in Playa Flamingo Costa Rica offers immediate usability, consistent rental income, and long-term expansion potential.
Set on an expansive 5,937 sqm homesite, the property features a move-in-ready casita currently generating rental income, allowing owners to benefit from ongoing cash flow while planning a future custom residence. The elevated setting captures ocean and mountain views, while the surrounding environment provides privacy within a well-established coastal community.
For detailed area insights, amenities, and lifestyle information, explore our guide to living in Mar Vista Costa Rica.

Casita Dorado Mar Vista Playa Flamingo Guanacaste Costa Rica offers a combination of immediate usability and long-term flexibility through its existing residence and expansive homesite in Playa Flamingo Costa Rica.
The existing two-bedroom casita is currently rented, generating consistent income while still allowing future adaptability. The layout prioritizes natural light and airflow, creating a comfortable living environment that integrates well with the surrounding tropical landscape—an important feature in this region’s climate.
As an ocean view casita in Playa Flamingo Costa Rica, the property appeals to buyers seeking a move-in-ready foothold in a high-demand coastal market, without giving up the ability to expand over time.
A key component of the property’s long-term value is the land itself. Homesites of this size and usability within Mar Vista are becoming less common, and this 5,937 sqm parcel offers both privacy and flexibility. Whether expanding the existing structure or building a custom residence, the presence of infrastructure and included architectural plans significantly reduces development complexity compared to starting from raw land.
The property currently generates rental income in Playa Flamingo Costa Rica and operates as an active Airbnb rental with an established short-term income stream.
Its structure allows for more than one ownership approach. Buyers are not limited to a single strategy: the existing casita supports ongoing Airbnb income, while the land allows for future expansion or redevelopment. This approach involves holding the property while planning future development and is increasingly seen among buyers in Mar Vista.
Given the limited availability of large parcels within established gated communities, properties that combine short-term rental use with development flexibility continue to attract both investors and end users.
In Mar Vista, buyers commonly prioritize properties that allow for phased development, securing land today while planning future expansion.
Located within Mar Vista, Casita Dorado sits in an established coastal community. This location offers a balance of privacy, natural surroundings, and convenient access across the Guanacaste region. Residents also have access to scenic hiking trails, a modern fitness center, tennis and pickleball courts, and the Gracia Restaurant with ocean views.
From the property, Playa Flamingo Beach is approximately a 10-minute drive, with nearby access to Playa Potrero (approximately 8 minutes) and Brasilito. The difference in travel time reflects hillside road access within Mar Vista. Routes descend more directly toward Potrero, while access to Flamingo follows a short loop around the peninsula.
Tamarindo is approximately a 40–45-minute drive, providing access to additional dining, shopping, and services. The Flamingo Marina is also approximately a 10-minute drive and supports both lifestyle use and rental demand.
Within Mar Vista, residents benefit from paved roads and a well-planned residential layout. They also have access to scenic hiking and biking trails, a modern fitness center, tennis and pickleball courts, and the acclaimed Gracia Restaurant with panoramic ocean views.
La Paz Community School is located within the community, and many residents reach the campus by a short golf cart ride. CRIA is approximately a 10-minute drive. Grocery stores, pharmacies, and clinics are available nearby, with additional medical services in Tamarindo and full-service hospitals in Liberia.
This location continues to support demand across homes for sale in Playa Flamingo Costa Rica. It also reflects the strength and stability of the Playa Flamingo real estate market, and remains well positioned within the wider homes for sale in Guanacaste Costa Rica.
For regional and international travel, Daniel Oduber Quirós International Airport in Liberia is approximately a 60-minute drive. This provides convenient access for both owners and guests. Furthermore, it helps to reinforce the long-term appeal of Guanacaste real estate.
Playa Flamingo has matured into a well-established coastal market within the region, attracting a mix of full-time residents, second-home owners, and investors. Its appeal is supported by consistent demand for short-term rentals, particularly in well-located communities that offer views and access to amenities.
Within this setting, Mar Vista stands out for its elevated positioning, walkable layout, and residential focus. Buyers in this community tend to focus on privacy, usable land, and the ability to adapt the property over time—factors that directly align with Casita Dorado.
The property aligns with a growing preference for flexible ownership structures. As an ocean view casita in Playa Flamingo Costa Rica currently operating as an Airbnb rental, it provides immediate usability while maintaining the option for future expansion. This combination is particularly relevant for buyers seeking short-term rental income. It is also appealing for those holding land for long-term plans.
Its positioning as a build-ready home in Mar Vista Costa Rica further strengthens its appeal, as much of the groundwork for future development is already in place which helps streamline the development process compared to undeveloped parcels.
For a deeper understanding of this trend, explore our guide on Playa Flamingo real estate investment returns, growth, and opportunity. This resource highlights why this coastal area continues to see strong demand from international buyers.
If you’re looking for a rental income property in Playa Flamingo Costa Rica that also offers the flexibility to build and expand over time, Casita Dorado presents a rare combination of immediate returns and long-term potential.
Contact us today to learn more or schedule a private viewing of this opportunity in Mar Vista.
Costa Rica Real Estate CR
Gina Briguglio
Licensed Realtor in Costa Rica
CIPS Certified | Member of CRGAR & NAR
30+ Years of Real Estate Experience
+506.8423.4370 | +312 399 2857
info@costaricarealestatecr.com
costaricarealestatecr.com