House in Tilaran - Arenal, Guanacaste[CR]

400193913034 - Architectural Elegance in Rainbow Bay Lake Arenal - Contemporary Luxury with Lake Access & Rental income - Welcome to Rainbow Bay,a private gated enclave where tranquility meets elevated living. Nestled in a serene hillside just minutes from the quaint town of Nuevo Arenal, on the forgotten coastline of Lake Arenal, this estate captures the essence of contemporary elegance with European sophistication.Completed in 2020 on a generous1,852 m² lot, this412 m² residenceblends architectural refinement with Costa Rica’s natural beauty. This meticulously designedfour-bedroom, four-bathroom home with two powder roomsoffers a seamless blend of indoor comfort and outdoor living. Every detail has been thoughtfully curated: a chef’s kitchen with premium appliances, spa-inspired en-suites for each bedroom, designer furnishings throughout, and a wellness-focused terrace featuring a custom pool, jacuzzi, and far-infrared sauna.From the moment you arrive, you are greeted with finesse and architecture rarely found in the region. An elegant entrance with a sheltered porch and handcrafted wood door leads into a private foyer that flows into the open-concept living, dining, and entertaining area.Architecturally superior ceilings with rich wood detailingset a tone of luxury, complemented by refined finishes and natural light.At the heart of the home, the main kitchen is both functional and elegant, featuring alarge island with seating for four, granite countertops, designer tile backsplash, convection oven, stainless steel refrigerator, and handcrafted cedar cabinetry. The kitchen flows effortlessly into the living room and extends outward to the home’sadjacent outdoor living and entertaining area.Here, a custom-designed pool, jacuzzi, far-infrared sauna, and barbecue area invite effortless entertaining in Costa Rica’s year-round spring climate.This partially covered terrace is a statement of design and lifestyle, blending alfresco dining, Bali-inspired furnishings, tempered glass railings, and sweeping wood-detailed ceilings. It is an outdoor haven that celebrates the natural beauty of the surroundings, inviting both quiet mornings and vibrant evenings.Theprimary Master Suiteis a spa-like sanctuary, complete with a custom king-size bed, smoked glass wood doors, recessed lighting, and integrated shelving. It also boasts alarge walk-in closet with wood cabinetryand an elegant en-suite bathroom with a double vanity and a walk-in shower framed by picture windows that overlook the jungle; an intimate connection with nature, right from the privacy of your suite.Thesecond luxury principal suite, located on the lower level, is joined to the main floor by a sweeping Guanacaste spiral staircase. With its own private access leading outdoors, it offers both independence and comfort, complemented by an elegant en-suite bathroom.Thelower level as a whole is a mirror image of the upper level’s luxury. An extension of the property, completed in 2022, here you will find a fully self-contained and entirely independent suite, with its own driveway and parking for three vehicles. Like the main residence, the lower level showcases the same architectural refinement, with designer tile and cedar cabinetry set against a refined palette of pale grays and neutrals. The effect is both contemporary and cohesive, ensuring the estate feels unified in its vision of luxury. It features a gourmet kitchen with granite countertops, ample cabinetry stainless steel appliances, and a breakfast bar seating six. A spacious living room opens onto a private terrace surrounded by lush jungle, while the principal bedroom enjoys sweeping picture windows and a refined en-suite.Beyond its role as a guest retreat, this level presents compelling income generating potential. Currently leased until February 2026, it already produces reliable rental income. Alternatively, its independence and design make it perfectly suited for short-term rental platforms such as Airbnb or VRBO, where it could achieve a stronger net operating income. For those seeking a primary residence with built-in income stream, or a vacation home that offsets its operating costs when not in use, this estate is an intelligent and versatile investment.Practicality complements luxury withtwo laundry rooms; one on each level, both with washer-dryer units. On the main level, the laundry room includes extensive cabinetry, counter space, and a sink for delicates. There is also an elegant powder room and an area for study on each level.Additionally, there is asecured storage facility adjacent to the two-car covered carport on the main level, along with a larger storage area on the lower level and a dedicated pool mechanical room.Rainbow Bay itself is anexclusive gated community of only a select few residences, offering an active lifestyle that fosters a deep connection with nature. Within the community you’ll find meandering trails through lush greenery, a large pool, tennis courts, a welcoming clubhouse, and private dock access for boating enthusiasts. The property featurescontrolled gate access, ensuring both privacy and peace of mind.Architecturally superior, fully furnished, and nestled in a canopy of jungle surroundings, this residence is more than a home, it is astatement of design and lifestyle. Here, you’ll enjoy privacy, security, and wellness-focused living, embraced by panoramic valley, mountain, and lake views.With luxury amenities, seamless indoor-outdoor integration, and close proximity to both La Fortuna, known as the gateway to The Arenal Volcano National Park, where you will find hot springs, water rafting, zip lining, ATV excursions and hiking trails; as well the Liberia International Airportjust over one hour away, this property offers the perfect balance of tranquility and convenience. Within minutes of the town of Nuevo Arenal, where you will find grocery stores, pharmacies, produce markets, restaurants, cafes, a bank, a church, and other professional services, this property is well situated and highly accessible.For the discerning buyer seeking aserene retreat in Guanacaste’s most coveted region, this property delivers a rare opportunity to live, invest, and thrive in one of Costa Rica’s most prestigious lakefront communities.