New property listed in Playa Coronado

New property listed in Playa Coronado
I have listed a new property at Playa Coronado.

Luxurious and pristine, the Playa Coronado Estate offers 7-bedroom suites, each with a full bath, and is located just one hour from Panama City, in the private, gated community of Coronado. Ocean views can be savored from the second and third stories (master suite) of the main house, which offers 8,278 sq. ft. The buildings are finished with porcelain tile floors imported from Spain and Italy, roof tiles imported from Spain, beautiful lighting in every room and much, much, more.

The Chef’s Kitchen boasts 2 refrigerators, 2 electric convention ovens, a gas stove grill with hood, ice maker, microwave, 2 sinks, 2 food disposals, 2 warming trays, functional and beautiful lighting, and has a granite-covered island measuring 4 X 10 ft.

Comprising just over one acre, this completely walled, gated and secure property features 7,546 feet of covered outdoor living areas, including decks, terraces, gazebo, and a large, refreshingly gorgeous pool. An outside bar area is designed for luxurious entertaining while enjoying the constant ocean breezes.

The separate, 2-story guesthouse with beach views is perfect for family and friends and includes 2 bedrooms, 2 full baths, full kitchen and living and dining room….making this a 7 bedroom, 8 bathroom residence!

A caretaker cottage is at the front of the property. This private estate is truly a tropical paradise, and includes a transferable tax exemption through 2027. Private showings only, call Eldon Spears 6747-7907


  • Located on the Pacific Ocean, one hour from Panama City, in the private, gated community of Coronado, Republic of Panama
  • 5-year construction, pristine condition
  • Lot size is over one acre (4143.06 mts2 / 44595.89784 Sq Ft)
  • Home has 20,107 square feet of living space (breakdown: 8,278 ft. enclosed - 7,545 ft. covered - 4,284 ft. open area)
  • 3 story home with ocean views from the 2nd and 3rd story
  • Main house 5 bedrooms, 6 baths, furnished
  • Central Air conditioning on main floor
  • Individual air conditioning in each room
  • Four space carport with covered walk-ways to main house and suites
  • 8 water tanks of 1,200 gallons each, fitted with before and after filter
  • Large, beautiful water fountain at front of property
  • 20,000 reserve water tank under fountain
  • Windows and exterior hinged & sliding doors are black aluminum with solar mirrored bronze glass
  • Large oval sky-light in entry area provides day light and starry views at night, made of bronze safety glass
  • Gorgeous, large pool, seating for approx. 30 persons, finished with Diamond Brite
  • Outside bar area designed for luxurious entertaining
  • Chef's kitchen (Kitchen Aid) 2 refrigerators, 2 convection ovens, gas stove grill w/hood, ice maker, microwave, 2 sinks, 2 food disposals, 2 warming trays
  • Granite covered island in kitchen is 4' x 10'
  • Large walk-in pantry off kitchen with custom shelving
  • Guest house, 2 stories w/beach views, two beds, 2 baths, kitchen, living/dining
  • All counter tops are granite
  • All tiles are porcelain, imported from Spain or Italy
  • Roof tiles are imported from Spain
  • Home is equipped with beautiful lighting and ceiling fans in every room
  • Built-in surround sound speakers through-out home
  • Sixty Royal Palm trees strategically placed on the property
  • Complete and immaculate landscaping
  • 20 year property tax exemption in place
  • Property completely walled, 10-12 ft high concrete
  • Electronic security gate in place
  • Integrated alarm system
  • Caretaker house w/kitchen
  • Securely across from the beach, direct beach access only 30 paces from front gate

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