Las Gardenias is the most affordable way into Cabo Real today: on 6 November 2026 the MLS showed two Gardenias condos for sale, both two-bedroom, ground-floor units asking under $500,000. Over the last five years six Gardenias condos sold on the MLS at a median of $600,000, about $287 per square foot. This guide covers what Gardenias is, what is listed now, what has sold and what to check before you make an offer.
Market figures are from the Baja California Sur MLS (Flexmls), pulled 6 November 2026, for the MLS subdivision “Gardenias” in Cabo Real (property type condominium). Sales that were not recorded in the MLS are not included. Square footage is the MLS total area, which can include terraces.
Key facts: Gardenias, Cabo Real (MLS, 6 Nov 2026)
- Active listings: 2 condos, $488,800 and $499,000, both 2 bed / 2 bath, about 1,670–1,680 sq ft
- Sales since November 2021: 6, median $600,000, range $395,000–$799,000
- Median sale price per sq ft: about $287
- Median sale price as a share of the last asking price: 96.7%
- Median days on market for those sales: about 180
- Buildings named in MLS records: Cardinal, Golondrina, Papagayo and Colibrí, with MLS build years from 1997 to 2007
Where is Gardenias in Cabo Real?
Cabo Real is the master-planned resort community in the middle of the Tourist Corridor between Cabo San Lucas and San José del Cabo. Its oceanfront side holds the resort hotels and residences such as Las Ventanas al Paraíso and Casa del Mar; the inland side holds the golf course and smaller residential enclaves. Gardenias is one of those inland enclaves: low-rise condo buildings set around shared pools and gardens beside the fairways of the Cabo Real golf course.
The course was designed by Robert Trent Jones Jr. and opened in 1994, according to Golf Digest’s course listing. The Los Cabos Tourism Board notes it hosted the PGA Senior Slam in 1996 and 1999. For more on the course and what it means for owners, see our Cabo Real golf course page.
Being on the inland side means two things for buyers. Views are across the fairways to the Sea of Cortez rather than directly over the beach, and the setting is quieter than the hotel side. It also explains the price: Gardenias condos have sold for a little over half the price per square foot of beachfront Casa del Mar, and under a third of the Las Ventanas residences.
What is for sale in Gardenias right now?
On 6 November 2026 the MLS showed two active Gardenias listings:
| Condo | Bed / bath | MLS total area | Asking price | Asking $/sq ft |
|---|---|---|---|---|
| Colibrí 102 | 2 / 2 | 1,680 sq ft | $488,800 | about $291 |
| Papagayo 103 | 2 / 2 | 1,668 sq ft | $499,000 | about $299 |
Both are ground-floor units. The Colibrí 102 listing describes a view over the pool and gardens toward the sea, says seller financing is offered and mentions an optional tandem garage sold separately. The Papagayo 103 listing describes a terrace overlooking the 11th hole with a view to the Sea of Cortez and recently replaced kitchen appliances. Papagayo 103 had been on the market about 299 days and its asking price was lowered from $515,000 to $499,000, so there may be room to negotiate; Colibrí 102 was new to the market (17 days).
Both asking prices sit close to what recent sales achieved per square foot (below), which suggests the sellers have priced to the market rather than above it.
What have Gardenias condos sold for?
Six Gardenias condos sold on the MLS between November 2021 and November 2026:
| Closed | Building / unit | Beds | MLS area | Sold price | % of last ask | $/sq ft |
|---|---|---|---|---|---|---|
| Jul 2026 | Papagayo 301 (incl. garage) | 2 | 1,899 sq ft | $550,000 | 96.5% | $290 |
| May 2025 | Golondrina 205 | 2 | 2,292 sq ft | $650,000 | 86.7% | $284 |
| Aug 2023 | Golondrinas Garden Residence | 2 | 2,306 sq ft | $750,000 | 98.7% | $325 |
| Mar 2023 | Las Golondrinas 305 | 3 | 2,292 sq ft | $799,000 | 100.5% | $349 |
| May 2022 | Colibrí 203 | 2 | 1,702 sq ft | $435,000 | 96.9% | $256 |
| May 2022 | Cardinal 202 | 2 | 1,479 sq ft | $395,000 | 92.1% | $267 |
Three patterns stand out. First, the larger Golondrina units (about 2,300 sq ft) have sold for $650,000 to $799,000, while the smaller two-bedrooms in Colibrí, Cardinal and Papagayo trade from about $400,000 to $550,000. Second, most sellers accepted 92–100% of their last asking price; the exception was a 2025 sale at 86.7% after a listing at $750,000. Third, the pace is slow: about one sale a year, with typical marketing times of six months.
How have prices changed since 2021?
In early 2021 two Gardenias two-bedrooms sold for $295,000 (Papagayo 103, April 2021) and $325,000 (Golondrina 103, February 2021), or about $177 and $200 per square foot. By 2022 comparable units sold for $256 to $267 per square foot, and the 2025 and 2026 sales came in at $284 and $290. That is a rise of roughly 45–60% per square foot over five years, on a small number of sales. Papagayo 103 itself is back on the market at $499,000, against its recorded April 2021 sale of $295,000.
A small sample can swing on one unit’s view, floor or renovation, so treat these numbers as a range rather than a precise index. For the wider Cabo Real picture, see our Cabo Real market report for fall 2026.
What should you check before buying a Gardenias condo?
- HOA fees and what they cover. Ask for the current monthly fee, the last two years of budgets and any planned special assessments. One current listing says the HOA includes an on-site concierge; confirm services in writing. Our guide to the cost of owning a home in Los Cabos covers property tax, insurance and utilities.
- Golf course and views. Gardenias values depend heavily on the view over the course and to the sea. Ask which hole the unit faces, and check whether landscaping or nearby construction could change the view.
- Garage or parking. Some units include a garage and some offer it separately. A garage was part of the most recent sale; confirm what is deeded with the unit.
- Rental rules. If you plan to rent, ask the HOA for its current short-term rental rules and any registration the building requires.
- Seller financing terms. Where a listing offers seller financing, the down payment, rate, term and how title is held during the loan are all negotiated. Have the terms written into the purchase agreement and reviewed by your notary.
- The bank trust. Cabo Real is within Mexico’s coastal restricted zone, so foreign buyers hold title through a bank trust (fideicomiso) that needs a permit from Mexico’s Foreign Ministry (SRE permit information). Our guide to buying in Los Cabos as a foreigner walks through the steps. This is general information, not legal advice; confirm with a notary.
Is Gardenias right for you?
Gardenias suits buyers who want a Cabo Real address, golf-course views and shared pools at a price closer to $500,000 than $1 million, and who are comfortable on the inland side of the highway. It is less suited to buyers who want to step from the terrace onto the sand, or who need a large inventory to choose from: with two listings and about one sale a year, the choice at any moment is small.
If you are comparing Gardenias with other Cabo Real enclaves, our Cabo Real condos for sale page lists what is available now, and you can search the wider Los Cabos market at caboforsale.mx.
Frequently asked questions
How much does a condo in Gardenias, Cabo Real cost?
On 6 November 2026 the two active Gardenias listings asked $488,800 and $499,000 for two-bedroom, two-bath units of about 1,670–1,680 sq ft. The six MLS sales from November 2021 to November 2026 ranged from $395,000 to $799,000, with a median of $600,000.
Is Gardenias on the beach?
No. Gardenias is on the inland side of Cabo Real beside the golf course. Units look across the fairways, and some have views to the Sea of Cortez, but the beach is across the highway on the resort side of the community.
How long do Gardenias condos take to sell?
The six sales since November 2021 had a median of about 180 days on market. Individual sales closed after 114 to 238 days, so plan on four to eight months if you are selling.
Can foreigners buy in Gardenias?
Yes. Foreign buyers hold Cabo Real property through a Mexican bank trust (fideicomiso), which requires a permit from the Foreign Ministry. Your notary arranges the trust as part of the closing. This is general information, not legal advice.
Do Gardenias condos come with a garage?
Some do. MLS records show units sold with a garage included, and one current listing offers an optional tandem garage for separate purchase. Check what is deeded with the specific unit.
Summary
Gardenias offers golf-view condos inside Cabo Real for under $500,000 today, priced in line with recent sales of about $285–$290 per square foot. Inventory is thin and sales are slow, so it pays to know the recent sales before you negotiate. To see either listing, get the full sold history or talk through an offer, contact our team at info@LuxuryLosCabos.com, on WhatsApp at +52 624 147 1728, or through our contact page.
