$320,000
Utila,
MLS# 23-266
5 beds | 5 baths | 2775 sqft
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Property Description
This 3-story home located in the beautiful SW Reef Pointe area is available for sale, but it is currently in need of substantial renovation and is being sold as a fixer-upper. The property is situated on a .28-acre lot and is the only structure allowed in The Well for commercial use, making it a unique investment opportunity. Floors one and two originally had full kitchens, dining rooms, two bedrooms, and two bathrooms and can be returned to the same layout with a little effort. Ample front porch space is equal on the first two floors, and the third floor has a full kitchen, one large master suite, and a full bathroom with outstanding views from the private front porch.
Details
Maps
General Property Features
Access Type: Boat Access Only
Lot Acres: 0.28
# of Levels: 3
Waterfront: Yes
Type of Waterfront: Beachfront
Beach Access: Yes
Pool: No
Garage/Parking: No
Furnished: Partially
Standby Generator: No
Area: Utila
Total Bedrooms: 5
Total Bathrooms: 5
Total SqFt.: 2775
Year Built: 2002
Address
Country: Honduras
Property Name: Reef Point Triplex
Island: Utila
Remarks and Directions
Directions: Take a boat west from Utila town and stop at The Well on South Shore Triplex can clearly be seen on oceanfront lot.
Hot Sheet Comment: price
Contract Information
Current Price: $320,000
Property Type: Homes
Status: Active
Begin Date: 2023-05-09
List Price: $320,000
Property Features
Supplements
This home is fully powered by municipal power and a 16,000-gallon water cistern. The property has a total of 2,775 square feet, with the first and second floors each measuring 2 bedrooms and 2 bathrooms, while the third floor has 1 bedroom and 1 bathroom.
In addition to its unique features and investment potential, this 3-story fixer-upper also boasts breathtaking views of the Utila Cays and the mountainous coastline of Honduras. The property also features a calm water beach that is perfect for stand-up paddle boarding, kayaking, and swimming. For those interested in water activities, scuba diving and deep-sea fishing are just around the corner, and dolphins and whale sharks can often be spotted in the area.
Furthermore, the property provides easy access to a local grocery store and Neptune's restaurant located further up the beach, making it a convenient location for both visitors and residents. With its stunning views and endless possibilities, this fixer-upper presents an exceptional opportunity for anyone looking to invest in a unique property with great potential in a beautiful location.
If you're looking for a unique investment opportunity in a beautiful location and are willing to put in the work to renovate this property, then this fixer-upper could be the perfect opportunity for you.
Last Updated: January - 24 - 2026
Information deemed reliable but not guaranteed.