San Sebastian ST OLD SAN JUAN #259 & 261, San Juan, PR 00901
San Sebastian ST OLD SAN JUAN #259 & 261, San Juan, PR 00901
San Sebastian ST OLD SAN JUAN #259 & 261, San Juan, PR 00901
San Sebastian ST OLD SAN JUAN #259 & 261, San Juan, PR 00901
San Sebastian ST OLD SAN JUAN #259 & 261, San Juan, PR 00901
San Sebastian ST OLD SAN JUAN #259 & 261, San Juan, PR 00901
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$ 4,395,000
Est. payment | /mo

6,538 SqFt


$ 4,395,000
Est. payment | /mo

6,538 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,538 sqft

Price per Sqft $672

Subdivision San Juan Antiguo

MLS Listing ID PR9123935

Construction Status Completed

HOA Y/N No

Year Built 1921

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

A rare opportunity to acquire a historic estate and income-producing hospitality property in the heart of Old San Juan. Spanning approximately 6,538 square feet across 259–261 Calle San Sebastián, this extraordinary property combines the scale and character of a grand private residence with flexible guest accommodations and an established hospitality operation.

The property offers 12 bedrooms and 10 bathrooms, expansive living and entertaining areas, a large contemporary kitchen, dramatic arched corridors, soaring ceilings, traditional architectural details, interior courtyards, and preserved historic elements that reflect the unmistakable character of Old San Juan.

Among its most distinctive features are the property's preserved historic ruins, incorporated into the courtyard and architecture as a striking connection to Old San Juan's past. Rather than simply occupying a historic district, the property preserves architectural elements that give the estate a character that cannot be replicated in new construction.

Designed around indoor-outdoor Caribbean living, the estate enjoys Atlantic Ocean views, partial views of El Morro, and views of cruise ships entering San Juan Bay, complemented by outdoor and wellness areas including a hot tub and cold plunge.

The property's unique configuration provides exceptional flexibility and may be envisioned as a private Old San Juan estate, multigenerational family compound, residence with private guest accommodations, or income-producing hospitality property, subject to applicable permits and regulations. Separate loft-style and studio-style accommodations provide additional possibilities for guests, extended family, staff, offices, or hospitality use.

The property also has an established history as an income-producing hospitality asset, offering a compelling combination of lifestyle and investment potential. Financial and operating information may be made available to qualified prospective buyers.

Adding significant value, the property has received Institute of Puerto Rico Culture approval for a 10-year property-tax exemption associated with its historic restoration and preservation. The property has also undergone Puerto Rico Tourism Company review in connection with tourism-related incentives. Prospective buyers should independently verify the current status, remaining term, applicability, and transferability of all exemptions, incentives, permits, and approvals.

Located on iconic Calle San Sebastián, surrounded by the architecture, restaurants, cultural landmarks, and attractions of Old San Juan, this offering represents a rare opportunity to acquire a substantial historic property combining architecture, history, ocean views, lifestyle, hospitality potential, and income generation in one of the Caribbean's most recognized historic destinations.

Location

State PR

County San Juan

Community San Juan Antiguo

Area 00901 - San Juan

Zoning RESI

Interior

Heating Other

Cooling Mini-Split Unit(s)

Flooring Granite, Marble, Other

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Utilities Available Electricity Available, Emergency Power, Water Connected

View Y/N Yes

Water Access No

View Gulf/Ocean - Full

Roof Type Cement,Concrete

Building

Lot Description Historic District

Entry Level Multi/Split

Foundation Basement, Block, Brick/Mortar

Lot Size Range 0 to less than 1/4

Sewer Private Sewer

Water Public

Structure Type Block,Brick,Concrete

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Trade

Listing Terms Cash, Trade

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9123935

Stellar MLS
Listed by Samantha Telvi Carlo SAMANTHA TELVI CARLO

Nearby Locations

Garrett Sedlacek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(913) 461-6882

garrett.s@kw.com

22 S Links Ave, Sarasota, Florida 34236, USA

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San Sebastian ST OLD SAN JUAN #259 & 261