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Puerto Los Cabos · Land

Fundadores Homesites Real Estate

Twenty lot sales in three years, the deepest land record in Puerto Los Cabos — and unusually, the eleven parcels listed today ask a median of $750,000 against a $862,150 median for what actually sold.

20Lot Sales, 3 Yr
$862,150Median Close
92.6%Median of Asking
11Listed Now
The Enclave

The deepest land record here, and listings below it


Twenty homesites sold in Fundadores in the three years to 26 August 2026, worth $20,949,800, from $400,000 to $4,025,000 at a median of $862,150. That is the largest body of land evidence in Puerto Los Cabos — the whole community recorded 32 lot sales, and this neighborhood is 20 of them.

Four of the twenty closed at exactly the asking price. The other sixteen closed below it, and none closed above. The median result was 92.6% of list, with $2,612,098 coming off $23,561,898 of asking prices.

The eleven parcels listed today ask $14,434,032 between them, at a median of $750,000. That median sits $112,150 below the median of what has actually sold — which is a rare thing to be able to say, and worth understanding before you assume the asking price is the ceiling.

  • 20 lot sales, $20,949,800, from $400,000 to $4,025,000
  • Median close $862,150, at a median 92.6% of asking
  • Four sales at exactly asking; none above; sixteen below
  • 11 listed now, $425,000 to $3,490,000, median $750,000
Homesite in Fundadores, Puerto Los Cabos, San Jose del Cabo
Recent Sales

All twenty Fundadores lot sales


MLSAskedClosedDiscount% of AskDate
23-19$4,200,000$4,025,000−$175,00095.8%Oct 2023
24-1425$2,000,000$2,000,000100.0%May 2024
23-4117$1,500,000$1,500,000100.0%Feb 2024
24-3347$2,200,000$1,500,000−$700,00068.2%Jun 2025
23-3977$1,275,000$1,200,000−$75,00094.1%Aug 2024
25-390$1,600,000$1,200,000−$400,00075.0%Apr 2025
24-1532$1,290,000$1,195,000−$95,00092.6%Jul 2025
25-1988$1,100,000$1,050,000−$50,00095.5%Nov 2025
22-2877$901,500$885,000−$16,50098.2%Nov 2023
23-545$874,300$874,300100.0%Aug 2023
23-3892$980,000$850,000−$130,00086.7%Mar 2024
24-4641$1,160,000$775,000−$385,00066.8%Apr 2025
24-2969$850,000$680,000−$170,00080.0%Sep 2025
23-2709$597,000$597,000100.0%Oct 2023
26-1087$631,704$475,000−$156,70475.2%May 2026
24-1675$475,000$450,000−$25,00094.7%Jun 2024
24-3292$507,286$450,000−$57,28688.7%May 2026
23-4247$450,000$425,000−$25,00094.4%Jun 2024
24-3284$465,000$418,500−$46,50090.0%Feb 2025
26-1088$505,108$400,000−$105,10879.2%May 2026

Every recorded lot sale, Los Cabos MLS, three years to 26 August 2026. Total taken off asking prices: $2,612,098 off $23,561,898.

The Pattern Worth Seeing

Schedule prices do not survive contact with a buyer


Three of the twenty sales carry asking prices quoted to the dollar — $631,704, $507,286 and $505,108. Prices like that are not set by an agent looking at comparables; they come off a developer's price schedule.

All three of those that closed in 2026 took heavy cuts:

MLSSchedule priceClosed% of AskDate
26-1087$631,704$475,00075.2%May 2026
24-3292$507,286$450,00088.7%May 2026
26-1088$505,108$400,00079.2%May 2026

Three of the eleven current listings carry the same kind of price — $560,750, $513,746 and $425,536. If you are quoted a figure to the dollar in Fundadores, treat it as an opening position, not a valuation. All three such sales on record came in at 75.2%, 79.2% and 88.7% of it.

On the Market

Eleven parcels, asking below the record


MLSAskingvs $862,150 median close
26-1404$3,490,000+$2,627,850
26-67$2,700,000+$1,837,850
26-1865$2,585,000+$1,722,850
26-3086$1,295,000+$432,850
25-5317$1,190,000+$327,850
26-1195$750,000−$112,150
24-2973$560,750−$301,400
26-3713$513,746−$348,404
25-865$499,000−$363,150
24-2970$425,536−$436,614
26-2216$425,000−$437,150

Active listings, Los Cabos MLS, as at 26 August 2026, totalling $14,434,032 at a median asking price of $750,000 — $112,150 below the median close.

The split is sharp: five parcels ask well above the record and six ask below it. The median is low because the cheap end is crowded, not because the market has softened — the $3,490,000 top listing still asks $2,627,850 more than the median lot has fetched, though it is inside the $4,025,000 record set in October 2023.

Before You Offer

Three things worth knowing about Fundadores Homesites


The cheap half of the list is genuinely cheap. Six of eleven parcels ask below the $862,150 median close, four of them below $520,000. Against a record where the lowest close was $400,000, that end of the market is priced close to where it trades — which is not something you can say about the houses on the next page.

A price quoted to the dollar is a schedule, not a valuation. Three sales and three current listings carry them here. All three of those sales closed in 2026, at 75.2%, 79.2% and 88.7% of the number on the sheet. Ask what the schedule is based on before you treat it as a comparable.

The spread is enormous and the MLS does not explain it. Recorded lot prices run from $400,000 to $4,025,000 — a tenfold range within one neighborhood. Marina frontage, golf frontage, size and elevation account for most of that, and none of it is in the data. Two parcels at the same asking price can be very different things.

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Questions

Fundadores Homesites, Answered


How much is a lot in Fundadores, Puerto Los Cabos?
Twenty homesites sold in the three years to August 2026, from $400,000 to $4,025,000, with a median close of $862,150. Eleven are listed now, from $425,000 to $3,490,000, at a median asking price of $750,000 — which is $112,150 below the median of what has actually sold.
Do lots in Fundadores sell for the asking price?
Four of twenty did. None sold above asking and sixteen sold below, at a median of 92.6% of list. Across the twenty sales $2,612,098 came off $23,561,898 of asking prices. The deepest cut was 33.2%, on a parcel that asked $1,160,000 and closed at $775,000.
Why are some Puerto Los Cabos lot prices quoted to the dollar?
Those are developer schedule prices rather than agent valuations — figures like $631,704 and $505,108. Three recorded sales and three current listings carry them here. All three of those sales closed in 2026, at 75.2%, 79.2% and 88.7% of the listed figure, so treat such a price as an opening position.
Keep Looking

Compare Fundadores Homesites to the rest of Puerto Los Cabos

Five neighborhoods, from $425,000 homesites to $29.95 million estates.