Three lots sell in a month on the Monte Azul land in Santa Rosa, Guaynabo, for $650,000 to $2.6 million
Three sale deeds were recorded between August 21 and September 17, 2026 on the land of the Monte Azul subdivision at Lot H, Carretera 833 Km 8.5, Santa Rosa, Guaynabo, 00971: one for $1,700,000 on August 21, one for $2,600,000 on September 11 and one for $650,000 on September 17. Each deed is a separate lot and a separate buyer.
A mortgage of $400,000 was recorded on September 17 on the lot sold that day, with Capital Mortgage Services, Corp. as the lender. A sale is the contract by which a seller undertakes to transfer ownership of a property to a buyer, who undertakes to pay a set price; a mortgage is a security right over real estate that guarantees an obligation.
A subdivision selling its lots
The $1,700,000 deed names HIVA, LLC, the company that has sold the lots of this land since 2022. The property records hold 37 sale deeds on this land in which the company is the seller, from August 2022 to July 2026, at prices from $517,000 to $2,200,000 and a median of $790,000. Before these three deeds, 60 sale deeds were linked to the property across all years.
The property records give the land an area of 208,671 m2 / 2,246,111 sq ft. The Puerto Rico Land Use Plan classifies it as urban land (99%), specially protected rural land (1%), and its zoning is R-2 (99%), CR-3 (1%). A consolidated construction permit for a project named Monte Azul, described as 102 housing units, was approved on the same land on September 11, 2026, and a second one is under inspection.
Fewer sales in Santa Rosa
Santa Rosa recorded 154 sale deeds in the 12 months from November 2024 to October 2025, fewer than the 218 it recorded in the 12 months before that. The neighbourhood's median sale price also fell, to $275,500 from $355,000.
Across Guaynabo, the municipality recorded 1,146 sale deeds in the 12 months from November 2024 to October 2025, fewer than the 1,388 of the year before, at a median of $225,000 against $217,500.
Sellers listing homes in the city asked a median $385,000 in October 2026.