A massive parcel in Baja California Sur is asking $164.9 million, offering developers something increasingly difficult to find in Los Cabos: hundreds of acres, ocean views and the ability to think at an entirely different scale.
In a destination known for multimillion-dollar villas, private compounds and resort residences, one of the most striking luxury real estate listings in Cabo is not a house at all.
Venado Blanco, also marketed as El Venado Cerro Blanco Parcel X, is currently listed by The Oppenheim Group for $164.9 million. The property encompasses approximately 640 acres in Baja California Sur and is being positioned primarily toward developers and investors rather than buyers searching for a single private residence.
640 Acres in the Los Cabos Corridor
The parcel sits along the Corridor-Inland between El Dorado and Cerro Colorado, across from the Westin Regina area. According to the listing, the property includes approximately 429 feet of highway exposure, along with elevated ocean views and access to nearby golf, restaurants, retail and a public beach.
Another commercial listing for the property places its overall area at approximately 2.59 million square meters, reinforcing just how large the offering is compared with the individual luxury lots and residences that dominate much of the Cabo market.
This is land large enough to think beyond a single residence.
Residential, Commercial—or Both
The central selling point is its mixed-use zoning. The Oppenheim Group says the site can accommodate both residential and commercial uses, creating possibilities ranging from luxury housing and hospitality concepts to retail or a broader master-planned development.
That flexibility matters in Los Cabos, where luxury real estate growth has increasingly extended beyond individual beachfront villas into branded residences, private communities, resort developments and lifestyle destinations built around golf, dining, wellness and hospitality.
Venado Blanco offers the raw ingredient behind those projects: land.
The brokerage has also promoted the parcel as being near El Dorado Golf & Beach Club and within easy reach of the commercial infrastructure surrounding the San José del Cabo corridor.
What Does $165 Million Actually Buy?
At this level, the headline price is only the beginning.
A potential buyer is not simply acquiring scenery. A development of this scale would require extensive planning around infrastructure, roads, utilities, environmental considerations, financing, phasing and project-specific approvals.
That makes Venado Blanco less comparable to buying a trophy home and more comparable to acquiring the foundation for an entirely new destination.
And that may be the more interesting story behind the listing.
Cabo’s luxury market is often measured by finished architecture: infinity pools overlooking the Sea of Cortez, dramatic beachfront estates and villas inside gated golf communities. Venado Blanco represents luxury at an earlier stage—the opportunity to determine what gets built in the first place.
For a buyer willing to take on that scale of development, 640 acres in one of Mexico’s most internationally recognized luxury destinations is the real product being sold.
The asking price: $164.9 million.