House in Tilaran - Arenal, Guanacaste[CR]

400193913113 - Elegant Spanish Colonial-Inspired Residence in Exclusive Rainbow Bay Estates Lake Arenal Guanacaste - Set within the exclusive gated lakeside community of Rainbow Bay Estates, this elegant Spanish Colonial-inspired condominium residence offers generous living spaces, distinctive architecture, and an exceptional lifestyle on the shores of Lake Arenal.Surrounded by approximately 3,845 m² (0.95 acres) of beautifully maintained tropical grounds, the three-level residence offers approximately 2,200 sq. ft. of total built space, including three bedrooms, three full bathrooms, two spacious covered verandas, and an enclosed two-car garage.Rainbow Bay Estates is an established residential community comprising 15 individually designed hillside homes and four condominium buildings across approximately 33 acres of privately maintained grounds. With controlled gated access, paved internal roads, and beautifully landscaped common areas, the community offers privacy and convenience just minutes from Nuevo Arenal. One of Rainbow Bay Estates’ most desirable distinctions is its direct access to Lake Arenal and private community marina, an amenity offered by relatively few gated residential developments in the region. Residents can enjoy boating, swimming, kayaking, and paddle boarding directly from the community’s waterfront, with extensive recreational facilities close to home.Built in 2004, the residence occupies one of only two adjoining homes within an elegant Spanish Colonial-inspired building. A substantial concrete dividing wall separates the residences, providing privacy while retaining the convenience of condominium ownership. Graceful arched verandas, substantial columns, decorative balustrades, and beautifully crafted Costa Rican cedar finishes reflect the home’s traditional architectural character. Generous covered outdoor living spaces and large windows encourage natural light and refreshing cross-ventilation.The Residence:Thoughtfully arranged across three levels, the home offers generous proportions and a comfortable separation between its principal living spaces and private bedroom accommodation.An elegant arrival is framed by manicured gardens, ornamental planting beds, and a spacious paved forecourt. A graceful exterior staircase with decorative wrought-iron railings ascends to the elevated covered entrance, where traditional arches and white balustrades lend architectural distinction.Beneath the residence, an exceptionally spacious enclosed two-car garage features individual overhead doors, generous additional space for storage or a workshop, and the convenience of direct internal access to the home. The principal living level features an inviting open-plan lounge and dining area, where rich cedar ceilings, beautifully paneled timber walls, and traditional detailing create a warm and welcoming atmosphere. The sitting area flows naturally into the dining space, while French doors open onto a spacious covered veranda overlooking the gardens. Large windows bring natural light into the interiors and provide a pleasant connection between indoor and outdoor living.The adjoining kitchen features extensive custom cedar cabinetry, stainless steel appliances, generous counter space, and a breakfast bar, making the entire living level equally suited to everyday comfort and entertaining. This floor also includes a comfortable guest bedroom, a full bathroom, and a dedicated laundry and utility room. A rear entrance provides convenient access to the communal grounds and nearby recreational facilities.A handcrafted cedar staircase rises to the upper level, where vaulted timber ceilings and exposed beams continue the home’s architectural character. The spacious principal suite is particularly appealing, with soaring vaulted ceilings, beautifully crafted woodwork, and French doors opening onto a generous private covered terrace overlooking the gardens. The surrounding vegetation provides a sheltered outlook and a wonderful sense of privacy. The suite includes a comfortable sitting area, an extensive dressing area with custom floor-to-ceiling cedar wardrobes, and a spacious en-suite bathroom featuring a tiled walk-in shower with glass-block detailing, a vanity, and a bidet. A second generously proportioned bedroom on this level enjoys its own en-suite bathroom, providing comfortable and private accommodation for visiting family or guests.An Exceptional Lakeside Lifestyle:Life at Rainbow Bay Estates offers the rare convenience of having Lake Arenal’s recreational opportunities practically at your doorstep. Just a short stroll from the residence, the private community marina and extensive floating dock provide direct access to the sheltered waters of Rainbow Bay. Residents can begin the morning with a swim, launch a kayak or paddleboard, or head out onto the lake for an afternoon of boating or freshwater fishing.Direct lake access and docking facilities are particularly desirable features in the Lake Arenal region, where relatively few gated communities offer such convenient access to the water. Here, the lake can genuinely become part of everyday life.The community’s beautifully maintained outdoor swimming pool is located just behind the residence, offering a secluded setting for relaxation and entertaining. Surrounded by tropical gardens, the pool area features generous sun terraces, ample space for lounging, and two clubhouses that complement the outdoor recreational facilities. Residents can enjoy alfresco dining, informal gatherings, or simply a leisurely afternoon beside the pool, embracing Costa Rica’s relaxed, year-round outdoor lifestyle.For those who enjoy staying active, Rainbow Bay Estates also features covered pickleball and tennis courts, an appealing amenity within a private lakeside community. With pickleball continuing to grow in popularity, residents have the convenience of enjoying regular games, maintaining an active lifestyle, and connecting with neighbors close to home. Together, the marina, swimming pool, and sporting facilities create an environment where recreation, health, wellness, and social activities are easily incorporated into daily life.An Ideal Location for Year-Round Living or a Costa Rican Retreat:Rainbow Bay Estates enjoys a convenient location on the northern shores of Lake Arenal, approximately 75 minutes from Guanacaste International Airport in Liberia. This accessibility is particularly attractive for international homeowners seeking a seasonal retreat or family vacation property without lengthy transfers after arriving in Costa Rica.The charming town of Nuevo Arenal is within approximately 10 minutes, offering supermarkets, restaurants, banking, pharmacies, and a variety of professional and everyday services. Within approximately an hour lies La Fortuna, one of Costa Rica’s most celebrated tourism destinations and home to Arenal Volcano National Park. The region is renowned for its world-class thermal hot springs, rainforest adventures, ziplining, horseback riding, ATV excursions, and extensive selection of restaurants, spas, and wellness retreats. Hospitals, medical clinics, and professional healthcare services are also accessible within the surrounding region, adding to the convenience of living in this established lakeside location.A Private Retreat with Investment Potential:With three bedrooms, three bathrooms, generous indoor and outdoor living spaces, and the convenience of a secure gated community, this residence is particularly well suited to use as a permanent home, private family vacation property, or seasonal retreat. For international owners, the combination of convenient airport access, community-maintained amenities, and extensive recreational opportunities offers an appealing opportunity to enjoy Costa Rica without the responsibilities typically associated with maintaining a larger standalone property.The residence also presents potential as an income-producing vacation rental, subject to the community’s rental regulations and applicable requirements. Although it has never previously operated as a vacation rental, its accommodation, lake access, recreational facilities, and proximity to the Arenal region’s established tourism attractions could appeal to families and visitors seeking a comfortable base from which to explore northern Costa Rica.Offered Fully Furnished, this elegant Spanish Colonial-inspired residence presents an opportunity to own within one of Lake Arenal’s established gated lakeside communities, where direct access to the water, excellent recreational amenities, and the comforts of everyday living come together in a particularly desirable setting.Set against the beautiful backdrop of Lake Arenal, with its expansive waters, rolling green hills, and ever-changing scenery, Rainbow Bay Estates offers an opportunity to experience one of Costa Rica’s most captivating regions. Here, life moves at a comfortable pace, shaped by the natural beauty of the lake and the pleasures of spending time outdoors. For those drawn to the Lake Arenal lifestyle, this is a wonderful place to call home.