- $600,000
Overview
- Coastal Properties
- 3
- 3
Description
THE DRAGO HILLTOP HOME AND OCEANFRONT ACREAGE
This expansive 4-hectare property on Isla Colón is divided in 4 distinct building sites with panoramic Caribbean Sea views, including a thoughtfully designed hilltop home that—after some restoration—has the potential to become a true Caribbean showpiece.
THE HOME
The Drago Hilltop Home is architecturally striking and structurally solid, awaiting electrical and cosmetic upgrades to reach its full potential. The ground floor, built in concrete block, presents an opportunity to convert into a garden suite with a bathroom and laundry. The leveled hilltop around the house has been reinforced with caliche, offering a firm foundation for additional features such as a fire pit or gazebo.
A covered outdoor staircase leads to the main living level, featuring an open-concept kitchen, dining, and living area with one bathroom. Three sets of accordion-style hardwood doors open to a wraparound terrace, offering unobstructed ocean views—thanks to inset glass panels that maintain the view even when closed.
The top floor includes three bedrooms and one bathroom. Two bedrooms enjoy private verandas, and all rooms are adorned with custom peaked windows that frame lush jungle and turquoise sea vistas.
THE LAND
The property is composed of four uniquely valuable lots:
- Lot 1: Includes the 3-bedroom home, a garage, freshwater source, and a caliche driveway. The elevated location offers sweeping views and privacy. 600,000 usd
- Lot 2: Northeast of Lot 1, with its own hilltop and cleared building site, accessed via the shared caliche road. Strategically positioned to preserve the views from Lot 1. 350,000 usd
- Lot 3: A dramatic bluff about 30 feet above sea level, facing northwest for constant breezes and sunset views. Features a cleared buildable hilltop and forested borders for privacy. 300,000 usd
- Lot 4: Jungle lot on the Opposite side of the Road with water reservoir 300,000 usd
THE EXTRAS
The property has an open titling application in process. Buyers can include the titling clause in their purchase contract or opt for a discounted price as Right of Possession (ROP) land. The three lots are sold as a single package and are not divisible at the listed valuation.
THE DREAM
The Drago Hilltop Home and Oceanfront Acreage is perfect for a visionary buyer:
Whether you dream of a personal sanctuary, an eco-retreat, or a legacy investment, this property delivers rare sea views, multiple build-ready locations, and long-term potential. Restore the existing home and expand into a one-of-a-kind Caribbean estate.
Address
Open on Google Maps- Address: Restaurante Drago Paradise, Unnamed Road, Bocas del Toro, Panamá
- City: Isla Colón
- State/county: Bocas del Toro
- Country: Panamá
Details
Updated on August 29, 2026 at 1:08 am- Property ID HZ155
- Price $600,000
- Land Area 3.8406 hectares
- Bedrooms 3
- Bathrooms 3
- Property Type Coastal Properties
- Property Status For Sale


