name

1 MALAGA ST

  • SAN JUAN, PR
  • $6,500,000

ABOUT

Perched atop the azure waters of San Juan, the luxurious 5-bedroom residence at 1 Malaga Street is akin to a grand luxury yacht anchored in paradise, offering an unparalleled living experience with breathtaking views of the open sea. This rare beachfront property in Puerto Rico, one of only 32 comparable lots in the entire metro area, epitomizes luxury with its seamless indoor/outdoor living accentuated by massive terraces and patios. Every detail in this turnkey home speaks of elegance and comfort, from the imported finishes to the state-of-the-art Dacor and Wolf kitchen appliances, and the advanced Savant Smart Home system. The property also boasts top-end remote security, full utility redundancy, and a brand-new 20k kW generator, ensuring uninterrupted comfort and peace of mind. Currently listed at $6,500,000, this exclusive beachfront property in Puerto Rico is a once-in-a-lifetime opportunity to own a piece of paradise. Ready for showings by appointment with proof of funds, the home is set to become even more desirable with some cosmetic exterior work scheduled for completion in the next 30-60 days. Embrace the chance to experience luxury living at its finest in one of San Juan's most coveted locations, where every moment is a celebration of extraordinary waterfront living.

Perched atop the azure waters of San Juan, the luxurious 5-bedroom residence at 1 Malaga Street is akin to a grand luxury yacht anchored in paradise, offering an unparalleled living experience with breathtaking views of the open sea. This rare beachfront property in Puerto Rico, one of only 32 comparable lots in the entire metro area, epitomizes luxury with its seamless indoor/outdoor living accentuated by massive terraces and patios. Every detail in this turnkey home speaks of elegance and comfort, from the imported finishes to the state-of-the-art Dacor and Wolf kitchen appliances, and the advanced Savant Smart Home system. The property also boasts top-end remote security, full utility redundancy, and a brand-new 20k kW generator, ensuring uninterrupted comfort and peace of mind.

Currently listed at $6,500,000, this exclusive beachfront property in Puerto Rico is a once-in-a-lifetime opportunity to own a piece of paradise. Ready for showings by appointment with proof of funds, the home is set to become even more desirable with some cosmetic exterior work scheduled for completion in the next 30-60 days. Embrace the chance to experience luxury living at its finest in one of San Juan's most coveted locations, where every moment is a celebration of extraordinary waterfront living.

Perched atop the azure waters of San Juan, the luxurious 5-bedroom residence at 1 Malaga Street is akin to a grand luxury yacht anchored in paradise, offering an unparalleled living experience with breathtaking views of the open sea. This rare beachfront property in Puerto Rico, one of only 32 comparable lots in the entire metro area, epitomizes luxury with its seamless indoor/outdoor living accentuated by massive terraces and patios. Every detail in this turnkey home speaks of elegance and comfort, from the imported finishes to the state-of-the-art Dacor and Wolf kitchen appliances, and the advanced Savant Smart Home system. The property also boasts top-end remote security, full utility redundancy, and a brand-new 20k kW generator, ensuring uninterrupted comfort and peace of mind. Currently listed at $6,500,000, this exclusive beachfront property in Puerto Rico is a once-in-a-lifetime opportunity to own a piece of paradise. Ready for showings by appointment with proof of funds, the home is set to become even more desirable with some cosmetic exterior work scheduled for completion in the next 30-60 days. Embrace the chance to experience luxury living at its finest in one of San Juan's most coveted locations, where every moment is a celebration of extraordinary waterfront living.
Show more

2010

2010

Year Built

5

5

Total Bedrooms

4.5

4.5

Total Bathrooms

6,117

6,117

Sq.Ft.

Living Space

5,003

5,003

Sq.Ft.

Lot Size

2.0

2.0

Garage Spaces

image

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1 MALAGA ST, SAN JUAN, PR 00911. We are reviewing your request and will be in touch shortly!
01

Interior

Total Bedrooms

5

Total Bathrooms

4.5

Full Bathrooms

4

Half Bathroom

1

Flooring

Tile

Appliances

Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Refrigerator, Washer

Other Interior Features

Eat-in Kitchen, Elevator
01

Exterior & Building

Stories

3

Garage Spaces

2.0

Water Source

Private

Utilities

Cable Available, Electricity Available, Water Available

Pool

In Ground

Roof

Concrete

Heat Type

None

Air Conditioning

Mini-Split Unit(s)

Sewer

Public Sewer

Substructure

Concrete Perimeter

Other Exterior Features

Balcony
01

Lot & Area

Status

Improved Pricing

Living Area

6,117 Sq.Ft.

Total Area

6,117 Sq.Ft.

Lot Size

5,003 Sq.Ft.

MLS® ID

PR9101747

Type

Residential

Year Built

2010

Neighborhood

Ocean Park

Water Frontage

Beach Front
01

Finance

Sales Price

$6,500,000

HOA Fees

$140/mo

Zoning

RT

Explore

Ocean Park

Ocean Park is a laid-back beachfront community known for its bohemian vibe, water sports, and trendy cafes, perfect for a relaxed coastal lifestyle.

Ocean Park is San Juan’s bohemian beachfront enclave – a residential pocket that combines soft-sand shoreline, tree-lined streets, and a relaxed creative energy between Condado and Isla Verde. Officially a sub-barrio of Santurce, it sits along a long stretch of urban beach with an upscale mix of homes, guesthouses, and low-rise buildings that attract both locals and luxury buyers.

For clients exploring Puerto Rico luxury real estate, Ocean Park delivers that hard-to-find balance: true neighborhood living directly on the sand, with quick access to San Juan’s restaurants, culture, and business districts.

 

Between Condado and Isla Verde: A Walkable Beachfront District

Ocean Park occupies a prime position on the San Juan coast. It lies between the well-known resort districts of Condado and Isla Verde, minutes from Old San Juan, Hato Rey’s business center, and Luis Muñoz Marín International Airport.

Key location advantages for luxury buyers include:

  • Central coastal position between Condado’s hotel corridor and Isla Verde’s resort strip

  • Fast access to the airport and financial district, ideal for frequent flyers and executives

  • Residential streets that run directly to the beach, with many homes only steps from the sand

McLeary Avenue serves as the neighborhood’s spine, lined with cafes, guesthouses, and services, while Calle Loíza just to the south has evolved into one of San Juan’s trendiest strips for dining, boutiques, and nightlife.

 

Lifestyle & Amenities: Active, Local, and Laid-Back

The star of Ocean Park is its wide, sandy beach. Guides consistently describe it as a sprawling shoreline that often feels less crowded than neighboring beaches, popular with locals who prefer a more relaxed scene.

Life in Ocean Park often looks like:

  • Morning jogs or dog walks along the sand before work

  • Kitesurfing, windsurfing, and surfing in the reliable onshore breeze and swells just offshore

  • Afternoons at cafes and bakeries around McLeary and Calle Loíza

  • Evenings in neighborhood restaurants and wine bars, with Condado’s hotels and Old San Juan’s historic core a short drive away

Tripadvisor reviews frequently highlight Ocean Park’s “true Puerto Rico vibe,” with a strong local presence, friendly streets, and small restaurants tucked into residential blocks.

 

Ocean Park Luxury Real Estate: Beach Houses, Villas, and Urban Compounds

Ocean Park is primarily a residential district, with numerous single-family homes from the 1930–1950 period, mid-century villas, and newer contemporary residences. The housing stock includes:

  • Beachfront and beach-block homes with courtyards, terraces, and pools

  • Multi-level urban compounds that function as primary residences, guest suites, or income-producing units

  • Smaller condo and townhome buildings tucked into the grid of tree-lined streets

For buyers, that means a rare chance to secure sizeable, often walled properties just a short walk from the sand – something that is increasingly scarce in coastal urban markets.

 

Investment Outlook: Limited Land, Strong Appeal

As an established, compact sub-barrio of only about 0.2 square miles of land, Ocean Park offers inherently limited inventory. Many lots are already developed, and zoning and neighborhood-scale considerations moderate the pace of new construction. This natural constraint supports long-term value for well-located properties.

From an investment perspective, Ocean Park benefits from:

  • Year-round lifestyle demand from San Juan professionals and families who want to live beachside but inside the city

  • Steady tourist and medium-term rental interest, due to proximity to Condado, Old San Juan, and the airport

  • Appeal to Act 60 and remote-work relocators seeking a walkable coastal neighborhood instead of an all-inclusive resort setting

 

How Christie’s International Real Estate Puerto Rico Helps You in Ocean Park

Christie’s International Real Estate Puerto Rico is embedded in this coastline—our San Juan office on McLeary Avenue sits just steps from Ocean Park’s residential core. That local presence matters in a neighborhood where every block feels different.

Our team’s role in Ocean Park luxury real estate includes:

  • Micro-location guidance – explaining how streets like Cacique, España, Tapia, and Park Boulevard differ in terms of atmosphere, traffic, and beach access

  • Use-case strategy – helping you decide if a property works best as a primary residence, multigenerational home, boutique rental compound, or long-term hold

  • Data-driven valuation – combining active listing data, neighborhood comps, and rental performance to calibrate offer and pricing strategies

  • Global exposure when you sell – leveraging the Christie’s worldwide network to connect Ocean Park listings with qualified luxury buyers from the mainland U.S. and abroad

If you’re considering Ocean Park as your next move in Puerto Rico luxury real estate, Christie’s International Real Estate Puerto Rico can help you translate the neighborhood’s bohemian beachfront character into a clear property decision—guided by local insight, rigorous market data, and a deep understanding of high-end coastal living.

Ocean Park is San Juan’s bohemian beachfront enclave – a residential pocket that combines soft-sand shoreline, tree-lined streets, and a relaxed creative energy between Condado and Isla Verde. Officially a sub-barrio of Santurce, it sits along a long stretch of urban beach with an upscale mix of homes, guesthouses, and low-rise buildings that attract both locals and luxury buyers. For clients exploring Puerto Rico luxury real estate, Ocean Park delivers that hard-to-find balance: true neighborhood living directly on the sand, with quick access to San Juan’s restaurants, culture, and business districts. Between Condado and Isla Verde: A Walkable Beachfront District Ocean Park occupies a prime position on the San Juan coast. It lies between the well-known resort districts of Condado and Isla Verde, minutes from Old San Juan, Hato Rey’s business center, and Luis Muñoz Marín International Airport. Key location advantages for luxury buyers include: Central coastal position between Condado’s hotel corridor and Isla Verde’s resort strip Fast access to the airport and financial district, ideal for frequent flyers and executives Residential streets that run directly to the beach, with many homes only steps from the sand McLeary Avenue serves as the neighborhood’s spine, lined with cafes, guesthouses, and services, while Calle Loíza just to the south has evolved into one of San Juan’s trendiest strips for dining, boutiques, and nightlife. Lifestyle & Amenities: Active, Local, and Laid-Back The star of Ocean Park is its wide, sandy beach. Guides consistently describe it as a sprawling shoreline that often feels less crowded than neighboring beaches, popular with locals who prefer a more relaxed scene. Life in Ocean Park often looks like: Morning jogs or dog walks along the sand before work Kitesurfing, windsurfing, and surfing in the reliable onshore breeze and swells just offshore Afternoons at cafes and bakeries around McLeary and Calle Loíza Evenings in neighborhood restaurants and wine bars, with Condado’s hotels and Old San Juan’s historic core a short drive away Tripadvisor reviews frequently highlight Ocean Park’s “true Puerto Rico vibe,” with a strong local presence, friendly streets, and small restaurants tucked into residential blocks. Ocean Park Luxury Real Estate: Beach Houses, Villas, and Urban Compounds Ocean Park is primarily a residential district, with numerous single-family homes from the 1930–1950 period, mid-century villas, and newer contemporary residences. The housing stock includes: Beachfront and beach-block homes with courtyards, terraces, and pools Multi-level urban compounds that function as primary residences, guest suites, or income-producing units Smaller condo and townhome buildings tucked into the grid of tree-lined streets For buyers, that means a rare chance to secure sizeable, often walled properties just a short walk from the sand – something that is increasingly scarce in coastal urban markets. Investment Outlook: Limited Land, Strong Appeal As an established, compact sub-barrio of only about 0.2 square miles of land, Ocean Park offers inherently limited inventory. Many lots are already developed, and zoning and neighborhood-scale considerations moderate the pace of new construction. This natural constraint supports long-term value for well-located properties. From an investment perspective, Ocean Park benefits from: Year-round lifestyle demand from San Juan professionals and families who want to live beachside but inside the city Steady tourist and medium-term rental interest, due to proximity to Condado, Old San Juan, and the airport Appeal to Act 60 and remote-work relocators seeking a walkable coastal neighborhood instead of an all-inclusive resort setting How Christie’s International Real Estate Puerto Rico Helps You in Ocean Park Christie’s International Real Estate Puerto Rico is embedded in this coastline—our San Juan office on McLeary Avenue sits just steps from Ocean Park’s residential core. That local presence matters in a neighborhood where every block feels different. Our team’s role in Ocean Park luxury real estate includes: Micro-location guidance – explaining how streets like Cacique, España, Tapia, and Park Boulevard differ in terms of atmosphere, traffic, and beach access Use-case strategy – helping you decide if a property works best as a primary residence, multigenerational home, boutique rental compound, or long-term hold Data-driven valuation – combining active listing data, neighborhood comps, and rental performance to calibrate offer and pricing strategies Global exposure when you sell – leveraging the Christie’s worldwide network to connect Ocean Park listings with qualified luxury buyers from the mainland U.S. and abroad If you’re considering Ocean Park as your next move in Puerto Rico luxury real estate, Christie’s International Real Estate Puerto Rico can help you translate the neighborhood’s bohemian beachfront character into a clear property decision—guided by local insight, rigorous market data, and a deep understanding of high-end coastal living.
Show more

Let’s connect

Thank you for your message

We will be in touch with you shortly

name

Thank you for your message

We will be in touch with you shortly

Let’s connect

Lana Slobodsky

EM

Lana Slobodsky

Luxury Real Estate Specialist

C18903

She holds a bachelor’s degree in Interactive Multimedia with a concentration in Applied Programming from Columbia College Chicago

Show more