Villa Iguana Verde

About this property

Peacefully tucked away within the vibrant heart of Sayulita, Villa Iguana Verde is a truly iconic boutique hotel- where timeless Mexican architecture, artistic expression, and proven income converge. Surrounded by lush tropical greenery and just a short walk to the town square and beaches, this enchanting property offers both a serene escape and a thriving hospitality business with over ten years of verified occupancy and revenue.

The four spacious suites are thoughtfully designed to invite both comfort and inspiration, all opening onto breezy terraces with their own separate entrances. Expansive common areas and layered outdoor spaces create a natural rhythm for relaxation, connection, and entertaining—whether  under the rooftop palapa, on sun-drenched terraces, or within the cool shade of covered verandas.

Lovingly created by its artist owners, the property is a masterpiece of design and intention. Every detail-from the ornamental balustrades and hand-laid tiles to the stained glass accents and intricate wrought iron-speaks to a deep respect for craftsmanship and place. Rich textures and colors flow throughout, complemented by Zapotec rugs, folk art, and original fine pieces that give each space a distinct soul.

Steeped in cultural history, the ground floor once served as the home of the Sayulita theatre group, adding a rare and meaningful legacy to the property. Today, that same creative energy continues to resonate throughout the space, offering guests an experience that is both authentic and unforgettable.

Villa Iguana Verde is more than a hotel—it is a living work of art and a turnkey investment in one of Mexico’s most sought-after coastal destinations. Beyond its established success, the property presents a compelling canvas for future growth. With strong bones, a celebrated identity, and expansive, usable space, there is significant potential to enhance operations, expand accommodations, or further elevate its boutique experience. For a visionary owner, this is a rare chance to acquire not just a performing asset, but a legacy property with meaningful upside.

Ubicado de forma tranquila en el vibrante corazón de Sayulita, Villa Iguana Verde es un hotel boutique verdaderamente icónico, donde la arquitectura mexicana atemporal, la expresión artística y un historial comprobado de ingresos se unen en perfecta armonía. Rodeada de exuberante vegetación tropical y a tan solo unos minutos caminando de la plaza principal y las playas, esta encantadora propiedad ofrece tanto un refugio de paz como un negocio hotelero próspero con más de diez años de ocupación e ingresos verificables.

Las cuatro amplias suites han sido diseñadas cuidadosamente para brindar comodidad e inspiración, todas con accesos independientes y abiertas a frescas terrazas. Las áreas comunes y los espacios exteriores, distribuidos en distintos niveles, crean un ambiente natural para el descanso, la convivencia y el entretenimiento—ya sea bajo la palapa en la azotea, en terrazas bañadas por el sol o en la fresca sombra de los corredores techados.

Creada con dedicación por sus propietarios artistas, la propiedad es una verdadera obra maestra de diseño e intención. Cada detalle—desde los balaustres ornamentales y los azulejos colocados a mano, hasta los vitrales y el fino trabajo en herrería—refleja un profundo respeto por la artesanía y el sentido del lugar. Ricas texturas y colores fluyen en todos los espacios, complementados por tapetes zapotecos, arte popular y piezas originales que aportan un carácter único a cada rincón.

Con una rica historia cultural, la planta baja fue en su momento sede del grupo de teatro de Sayulita, aportando un legado único y significativo a la propiedad. Hoy en día, esa misma energía creativa sigue presente en cada espacio, ofreciendo a los huéspedes una experiencia auténtica e inolvidable.

Villa Iguana Verde es mucho más que un hotel: es una obra de arte viva y una inversión lista para operar en uno de los destinos costeros más codiciados de México. Más allá de su éxito actual, la propiedad ofrece un gran potencial de crecimiento. Con una base sólida, una identidad bien posicionada y amplios espacios aprovechables, existe una clara oportunidad para optimizar operaciones, ampliar la oferta de hospedaje o elevar aún más su concepto boutique. Para un comprador visionario, esta es una oportunidad única de adquirir no solo un negocio en marcha, sino una propiedad con legado y gran proyección a futuro.

Property details

Lot Size

632 m²

Construction size

5756 SQFT

5 Bedrooms

6 Bathrooms

Where to find this property

$789000 USD

Status

For Sale

Agent Information

Roman Huska

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

‘This information is deemed to be reliable, but is not guaranteed. The information herein provided has been made available by the FlexMLS IDX System and may not be the listing of the provider’.

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Benny Love

Broker and Co-Founder

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Ben started Wanderlust after becoming a veteran of the Latin American property development scene. With degrees in Anthropology and History, he has been attracted to the incredible cultural diversity and history of Mexico and Central America from a young age. A hunger to explore brought Ben to Nicaragua where he spent five years building custom vacation homes. Because these projects were mostly on raw land with limited resources, he was forced to learn all facets of the development process: he was expected to be the designer, architect, engineer, and builder. Most of the furniture, cabinetry, and windows were built by hand, as was general infrastructure such as roads, wells, and electrical and septic systems. These five years in Nicaragua have made Ben incredibly resourceful, and developed in him an “anything is possible” attitude.

While in Nicaragua, he joined his wife Kassidy’s nonprofit, The Sweet Water Fund, a grassroots foundation dedicated to inspiring Nicaraguan villages and empowering the local women through job opportunities, healthy lifestyles, and the arts. They spearheaded many projects such as nutrition and fitness programs, a suspension bridge over the local river so kids could more easily get to school, and a school kitchen built completely out of recycled materials.

After returning to the United States from Nicaragua, Ben became a general contractor in Sonoma, California. He completed multiple prestigious projects in the Sonoma and Napa valleys, including the remodeling of old-world wineries and the building of several spectacular second homes.

Three years later, Ben and Kassidy realized that the lifestyle and pace of Latin America was calling them back, so, in 2016, they and their two little boys, two dogs, and two cats made the leap down to gorgeous San Pancho to start all over again.


Ben was fortunate to work under Fred Feibel of F.L. Feibel y Asociados in San Pancho, where he developed a deep understanding of the practices and customs of Mexican real estate. After Fred’s untimely passing at the end of 2017, Ben took on the role of broker and lead agent and ran the office with his mentor’s high level of integrity and customer service. In the following year, Ben boosted the company’s sales by 350%, increasing its referral base and closing ratio.

Now a sought-after agent in the Riviera Nayarit, Ben decided to start his own company, Wanderlust Real Estate + Development. He brings his tenacity, organization, energy, optimism and creativity to the Wanderlust team and prides himself on keeping everyone on track and their clients informed, calm, and happy.