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Pedregal · Condominiums

Pedregal One Real Estate

Five recorded sales, all two-bedrooms, at a median of $395,000 — the cheapest address in Pedregal with a real transaction record. The odd part: the largest unit sold for the least.

$395,000Median Close
5Recorded Sales
$352,000Cheapest Sale
1Listed Now
The Enclave

The cheapest way into Pedregal, and area is not the driver


Pedregal One has recorded five sales in the three years to 26 August 2026, worth $1,981,000. All five were two-bedrooms. They closed between $352,000 and $450,000 at a median of $395,000, which makes this the least expensive Pedregal address with a meaningful transaction record.

The counter-intuitive part is what does not drive the price. The five units range from 1,361 to 1,842 square feet, and the relationship with price runs the wrong way: the largest unit sold for the least, at $352,000, and the smallest sold for $395,000. Per square foot the spread runs from $191 to $326 — a 71% difference across five apartments of the same bedroom count.

One unit is listed, at $425,000. That is $30,000 above the median close, but at $291 per square foot against a $287 median it is almost exactly in line with what the address has achieved.

  • 5 sales, $1,981,000, from $352,000 to $450,000
  • Median close $395,000, at a median 93.1% of asking
  • Every sale a two-bedroom, 1,361 to 1,842 square feet
  • One listed now at $425,000, or $291 per square foot
Pedregal One condominium, Cabo San Lucas
Recent Sales

All five Pedregal One sales


MLSSizeAskedClosed% of Ask$/sq ftDate
23-47431,381 sf$485,000$450,00092.8%$326Mar 2024
24-44071,459 sf$419,000$419,000100.0%$287Jan 2025
24-38871,361 sf$439,999$395,00089.8%$290Dec 2024
23-45971,673 sf$385,000$365,00094.8%$218Jun 2024
24-20671,842 sf$378,000$352,00093.1%$191Aug 2024

Every recorded sale, Los Cabos MLS, three years to 26 August 2026. Read the size and price columns together: they run in opposite directions.

On the Market

One listing


MLSBedsSizeBuiltAsking$/sq ft
26-235921,458 sf2021$425,000$291

This is a close match to the January 2025 sale at $419,000, which was 1,459 square feet — within a square foot — and closed at exactly its asking price. On that comparison the current listing asks $6,000 more than a near-identical unit achieved nineteen months earlier.

Active listing, Los Cabos MLS, as at 26 August 2026. It is the only Pedregal One unit currently on the market.

Context

The entry point to Pedregal


AddressSalesMedian CloseMedian $/sq ft
Cascadas12$860,000$386
Monteluna7$720,000$333
Montemar Pedregal10$580,000$363
Blue Bay7$560,000$261
Portofino5$435,000$270
Pedregal One5$395,000$287

The six Pedregal condominium addresses with five or more recorded sales, Los Cabos MLS, three years to 26 August 2026. Twenty-two further condominium sales are spread across nine smaller addresses.

Before You Offer

Three things worth knowing about Pedregal One


Bigger has meant cheaper here, and that needs an explanation. The 1,842-square-foot unit closed at $352,000 and the 1,361-square-foot unit at $395,000. Something other than floor area — floor level, outlook, condition, whether a terrace is counted in the area figure — is setting the price. Before you use area to compare two Pedregal One units, find out what it is.

There is a near-perfect comparable for the current listing. A 1,459-square-foot unit closed at $419,000 in January 2025 at exactly its asking price. The listing is 1,458 square feet at $425,000. That is as close to a like-for-like benchmark as this market offers, and it is $6,000 apart.

Four of five sold below asking, so budget for it. The median closed at 93.1% of list, with the largest concession $44,999 off $439,999 in December 2024. The one exception closed at exactly the asking price. This is the cheapest entry to Pedregal, but it is not a market where sellers are holding firm.

Direct Line

Ask about Pedregal One availability

Including anything quietly for sale that has not reached the MLS.

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Keep Looking

Compare Pedregal One to the rest of Pedregal

Eleven addresses, from $300,000 condominiums to $12.79 million estates.