Palmilla

Palmilla features the widest breadth of luxury residential properties on the corridor, from entry condominiums to cliffside oceanfront estates.

Residential Product Categories:
- Single-Family Estates: The largest category and widest range, with constructed areas spanning 3,700 to 15,000 sq ft with a median near 6,500 sq ft (10th to 90th percentile: 3,700 to 15,200 sq ft, median 6,474 sq ft). Styles range from classic 1990s Mexican haciendas to modern contemporary masterpieces. Ultra-luxury estates are concentrated in Villas del Mar, Espiritu del Mar, Palmilla Norte, Palmilla Sur, and Caleta Loma.
- Luxury Condominiums: Clustered in enclaves such as Villas de Oro, Palmilla Dunes, and Villas de Montaña. Constructed areas typically span 2,000 to 6,000 sq ft with a median near 2,800 sq ft (10th to 90th percentile: 2,069 to 6,017 sq ft, median 2,781 sq ft), offering turnkey lock-and-leave luxury.
- Custom Homesites: Remaining vacant lots in enclaves such as Palmilla Cove, Palmilla Norte, La Caleta, Caleta Loma, Oceano Alta and Baja, and Legado homesites, typically running from a quarter acre to just under an acre.
- Branded and Fractional: Effectively absent today with no meaningful fractional inventory in the five-year record. Branded residences arrive with SIRO Palmilla, announced for 2027.

Construction and Architectural Review:
Architectural review is administered at both the master level and by individual neighbourhood regimes (Caleta Loma and Palmilla Estates review separately). Setbacks and height rules are lot-specific: certain Palmilla Estates and Oasis lots carry recorded single-storey restrictions while two-storey construction has been approved elsewhere.

MLS Market Snapshot (Flexmls BCS MLS data as of 2 September 2026, rolling five-year period):
- Total Market Activity: 52 active listings, 348 five-year recorded sales, and 11 pending/under contract across all product types.
- Single-Family Homes: 24 active asking listings ($1,450,000 to $24,950,000). 138 five-year closed sales ($850,000 to $25,900,000). 52 closed sales in trailing 24 months ($1,930,000 to $25,900,000).
- Condominiums: 11 active asking listings ($965,000 to $2,330,000). 65 five-year closed sales ($330,000 to $7,750,000). 15 closed sales in trailing 24 months ($675,000 to $5,950,000).
- Homesites: 17 active asking listings ($700,000 to $24,500,000). 87 five-year closed sales ($215,000 to $10,000,000). 29 closed sales in trailing 24 months ($716,000 to $7,200,000).

Single-Family Estates: The largest category and widest range, with constructed areas spanning 3,700 to 15,000 sq ft with a median near 6,500 sq ft (10th to 90th percentile: 3,700 to 15,200 sq ft, median 6,474 sq ft). Styles range from classic 1990s Mexican haciendas to modern contemporary masterpieces. Ultra-luxury estates are concentrated in Villas del Mar, Espiritu del Mar, Palmilla Norte, Palmilla Sur, and Caleta Loma.

Luxury Condominiums: Clustered in enclaves such as Villas de Oro, Palmilla Dunes, and Villas de Montaña. Constructed areas typically span 2,000 to 6,000 sq ft with a median near 2,800 sq ft (10th to 90th percentile: 2,069 to 6,017 sq ft, median 2,781 sq ft), offering turnkey lock-and-leave luxury.

Custom Homesites: Remaining vacant lots in enclaves such as Palmilla Cove, Palmilla Norte, La Caleta, Caleta Loma, Oceano Alta and Baja, and Legado homesites, typically running from a quarter acre to just under an acre.

Branded and Fractional: Effectively absent today with no meaningful fractional inventory in the five-year record. Branded residences arrive with SIRO Palmilla, announced for 2027.