Bugambilias is Cabo Real’s gated enclave of single-family homes and building lots set among the fairways of the Cabo Real golf course. On 6 November 2026 the MLS showed one home for sale at $1,700,000 and one lot at $450,000. Since November 2021 five Bugambilias homes sold on the MLS for $900,000 to $2,250,000 (median $1,400,000), and six lots sold for $249,500 to $460,000 (median $400,000). This guide sets out what is available, what has sold and what to check if you plan to buy or build.
Market figures are from the Baja California Sur MLS (Flexmls), pulled 6 November 2026, for listings in the MLS subdivision “Bugambilias” in Cabo Real (houses and land). Sales that were not recorded in the MLS are not included. Square footage is the MLS total area, which can include terraces.
Key facts: Bugambilias, Cabo Real (MLS, 6 Nov 2026)
- Homes for sale: 1, Bugambilias 45, 3 bed, 3,379 sq ft, $1,700,000
- Lots for sale: 1, Lot 48, $450,000
- Home sales since November 2021: 5, median $1,400,000, sold at 90–100% of last asking price
- Lot sales since November 2021: 6, median $400,000, the last four between $400,000 and $460,000
- Typical time on market: about 4 to 12 months for homes and lots, with outliers
- Setting: gated enclave inside Cabo Real, among the fairways of a Robert Trent Jones Jr. course opened in 1994
What is Bugambilias?
Cabo Real sits in the middle of the Tourist Corridor between Cabo San Lucas and San José del Cabo. The beachfront side holds resort hotels and condo developments; the inland side holds the golf course and residential enclaves. Bugambilias is the inland enclave for detached homes: MLS records show houses built from 1998 onward on individual lots around the course, behind a gate.
The Cabo Real course was designed by Robert Trent Jones Jr. and opened in 1994, according to Golf Digest, and the Los Cabos Tourism Board notes that some of its greens sit nearly 500 feet above sea level. That elevation is why many Bugambilias lots describe golf views in the foreground and the Sea of Cortez beyond. Our Bugambilias community page and golf course page cover the setting in more detail.
What is for sale in Bugambilias now?
| Listing | Type | Details (MLS) | Asking price | Days on market |
|---|---|---|---|---|
| Bugambilias 45 | Home | 3 bed, 3,379 sq ft, built 2007 | $1,700,000 | 205 |
| Lot 48 | Lot | Golf and secondary ocean views; arroyo and community garden on either side (listing) | $450,000 | 14 |
Bugambilias 45 is asking about $503 per square foot, above every home sale in the enclave since 2021 (the highest was about $372). Its listing describes a remodelled kitchen, pool and ocean views; whether that justifies the premium is the question a buyer will want answered with the comparable sales below. Lot 48 is priced in the same band as the last four lot sales.
What have Bugambilias homes sold for?
| Closed | Home | Beds | MLS area | Sold price | % of last ask | Days on market |
|---|---|---|---|---|---|---|
| Dec 2025 | Casa Arias (built 1998) | 4 | 3,971 sq ft | $1,400,000 | 95.2% | 203 |
| Dec 2023 | Hacienda Dos Cinco (built 2001) | 4 | 7,952 sq ft | $1,300,000 | 100% | 711 |
| Jun 2023 | 14 Paseo Bugambilias (built 2005) | 3 | 4,643 sq ft | $1,725,000 | 93.2% | 136 |
| Feb 2023 | Casa Ginger (built 1998) | 4 | 4,198 sq ft | $900,000 | 90.5% | 367 |
| May 2022 | Casa Mar de Risas | 4 | not usable* | $2,250,000 | 90.0% | 126 |
*The MLS area recorded for this sale (about 24,900 sq ft) appears to be the lot, not the house, so we have left it out of price-per-foot figures.
Excluding that record, Bugambilias homes sold for roughly $160 to $370 per square foot. The spread is wide because the homes differ so much in age, size, view and condition. One example shows how much condition and timing matter: the home at 14 Paseo Bugambilias, with the same MLS area and build year, sold for $825,000 in June 2021 and for $1,725,000 in June 2023. The MLS does not record what was done to the house in between, so ask any seller for a list of renovations and permits.
Sellers have typically accepted 90–100% of their last asking price. Two of the five homes took more than a year to sell, so buyers who are not in a hurry often have room to negotiate on homes that have been listed for a while.
What do Bugambilias lots sell for?
| Closed | Lot | Sold price | Last asking price | Days on market |
|---|---|---|---|---|
| Sep 2026 | Lot 35 | $400,000 | $455,000 | 348 |
| Sep 2025 | Lot 47 | $400,000 | $499,000 | 572 |
| Apr 2025 | Lot 24H | $455,000 | $485,000 | 108 |
| Jun 2024 | Lot 38 | $460,000 | $479,000 | 211 |
| Mar 2023 | Lot 47 | $380,000 | $450,000 | 226 |
| Jul 2022 | Lot 39 | $249,500 | $249,500 | 199 |
Lot prices rose from $249,500 in 2022 to a $380,000–$460,000 band from 2023 onward, and have held there. Lot 47 sold twice in this period, for $380,000 in 2023 and $400,000 in 2025. The two most recent sales closed at $400,000 after long listings at higher asks, which suggests $400,000–$460,000 is where buyers currently meet sellers. The MLS records for these lots do not include lot sizes, so ask for the survey (plano) and the lot’s official area before comparing prices. Elsewhere in Cabo Real, one Las Villas lot sold for $320,000 in May 2022; current options are on our Cabo Real land for sale page.
What should you check before building in Bugambilias?
- Architectural rules. Ask the homeowners’ association for its current design guidelines: height limits, setbacks, roof and colour rules, and the review process for plans. These decide what you can build and how long approval takes.
- Views and what could block them. A lot’s value depends on its golf and ocean view. Check which neighbouring lots are still empty, what height the rules allow on them, and how landscaping on the course might grow.
- Arroyos and drainage. Some lots border arroyos (dry stream beds). They can add privacy, as the Lot 48 listing notes, but have an engineer review drainage and storm runoff before you design.
- Utilities and fees. Confirm water, power and sewer connections at the lot line, the HOA fee for an empty lot and for a finished home, and the annual property tax (predial). Our guide to the cost of owning a home in Los Cabos covers the running costs.
- Permits. A new home needs HOA approval and a municipal construction licence from Los Cabos. Budget time for both before construction can start.
- Title through a bank trust. Cabo Real is inside Mexico’s coastal restricted zone, so foreign buyers hold land through a bank trust (fideicomiso) that needs a Foreign Ministry permit (SRE permit information). See our guide to buying in Los Cabos as a foreigner. This is general information, not legal advice; confirm with a notary.
Buy a home or build one?
On recent numbers, a lot at about $400,000–$460,000 plus construction is the route for buyers who want a new, modern home designed around a specific view. Buying an existing home is faster and, judging by the 2023 and 2025 sales between $900,000 and $1.4 million, may cost less than building new once construction, design and approvals are added; price a build with a local architect and builder before deciding. The trade-off is age: several of the homes that sold were built in 1998–2005 and may need updating. Our Cabo Real homes for sale page lists current options, and the wider Los Cabos market is searchable at caboforsale.mx.
Frequently asked questions
How much does a home in Bugambilias, Cabo Real cost?
Five Bugambilias homes sold on the MLS between November 2021 and November 2026 for $900,000 to $2,250,000, with a median of $1,400,000. On 6 November 2026 one home was listed, at $1,700,000.
How much is a lot in Bugambilias?
Six lots sold on the MLS since November 2021, from $249,500 in 2022 to $460,000 in 2024; the four sales since mid-2024 were all between $400,000 and $460,000. One lot was listed on 6 November 2026, at $450,000.
Is Bugambilias gated?
Yes. Bugambilias is a gated enclave inside Cabo Real, which is itself a master-planned community in the Tourist Corridor.
Are Bugambilias homes on the golf course?
The enclave is set among the fairways of the Cabo Real golf course, and many homes and lots describe golf views with the Sea of Cortez beyond. Whether a specific home borders a fairway depends on the lot; check the survey and visit.
Can a foreigner buy land in Bugambilias?
Yes, through a Mexican bank trust (fideicomiso), which requires a Foreign Ministry permit because Cabo Real is near the coast. Your notary arranges it at closing. This is general information, not legal advice.
Summary
Bugambilias offers detached homes and building lots on the golf course in the middle of the Corridor, with lots trading around $400,000–$460,000 and homes recently selling between $900,000 and $1.7 million. Supply is very small, so knowing each recent sale is the best guide to a fair price. To see the current listings, get the full sales history or plan a build, contact our team at info@LuxuryLosCabos.com, on WhatsApp at +52 624 147 1728, or through our contact page. Thinking of selling? See selling in Cabo Real.
