MP News Staff
Land’s End, at the tip of the Baja California peninsula at Cabo San Lucas is now one of Mexico’s most popular tourist destinations. What was a small fishing village 30 years ago has morphed into a builder’s paradise, with hammers swinging everywhere. The most prized piece of real estate has always been where the Hotel Hacienda Beach Resort sat, on the calm beach just north and within walking distance of town. The resort was “Old World” in the very best sense, serene and private, in contrast to much of Cabo’s party-down reputation. The legendary pioneer Parr family owned the 22-acre property for the past 25 years, but sold it in 2005…a true loss for many who have stayed there over the years, from everyday Baja travelers to Hollywood elite. Everyone was treated the same…with dignity.
The Hacienda has now been converted to private ownership luxury residences, reporting brisk sales starting at $750,000 for their smallest one-bedroom units and climbing rapidly from there. With a direct view of the famous arches at Cabo and the amazing Sea of Cortez, there may be no more exclusive property in Mexico. However, every gain throws off a loss…in this case the extremes are significant.