Buyer Guide · Los Cabos
One Medano [NAME UNVERIFIED]: Downtown Cabo San Lucas Boutique Building Guide
CONFIRM_BRENT: Transcript refers to this building as both 'One Medano' and 'One Medano' — filename says 'One Medano.' Also, the beach is called 'Metano Beach' in the transcript but is almost certainly 'Medano Beach.' Please confirm the exact building name and correct beach name before publishing. If you want to be within 500 feet of the most popular beach in Cabo San Lucas — without paying Hacienda Beach Club prices — One Medano deserves a serious look. This boutique 21-unit building sits wedged between Puerto Paraíso Mall, Hacienda Beach Club, and Corazon, right in the heart of downtown Cabo San Lucas.
Where Exactly Is One Medano Located?
One Medano sits in one of the most walkable pockets of downtown Cabo San Lucas, positioned between Puerto Paraíso Mall, Hacienda Beach Club, and Corazon. That puts you in the center of the action — restaurants, nightlife, water sports, and the marina are all on foot.
The building is approximately 500 feet from Medano Beach CONFIRM_BRENT: [transcript says '600 feet, 200 steps, maybe 500 feet' — confirm the best distance figure to use], the most popular and swimmable beach in Cabo San Lucas. That's a second-row position, not beachfront, but close enough that you'll be in the sand in under two minutes.
What Are the Prices at One Medano?
Entry-level pricing starts around High 400k-$500,000 for a one-bedroom. 2beds around 700-800k range, Three-bedrooms start at approximately $1.5 million at asking. The top of the market is the penthouse unit, which features a private rooftop pool and is priced at $2.95 million.
To put that in context: a comparable three-bedroom at Hacienda Beach Club — right next door — would run you $3.5 to $4.5 million. One Medano gives you a similar downtown Cabo experience at a meaningfully lower price point.
HOA fees are on the higher side given the boutique hotel-like level of service. Brent puts the range at roughly $500 to $1,800 per month depending on unit size, with the penthouse at the top of that range. CONFIRM_BRENT: [confirm HOA fee range — transcript mentions $500–$1,800 but jumps around; verify the accurate monthly range by unit type]
What Amenities Does One Medano Offer?
For a 21-unit building, One Medano punches above its weight on amenities. You get an elevator, 24/7 security, and secured garage parking below the building — basics that matter a lot in a busy downtown location.
Community amenities include a pool, a hot tub, and a barbecue area. The penthouse has a private rooftop pool on top of all that. The overall feel is boutique hotel, which is exactly why the HOAs are higher than a typical condo building.
Is One Medano a Good Airbnb or Investment Property?
Brent flags this as a strong candidate for short-term rental investment. The location — 500 feet from Medano Beach, walking distance to the marina, restaurants, and nightlife — is exactly what vacationers are searching for when they book a Cabo trip.
The boutique hotel feel and amenities support premium nightly rates. If Hacienda Beach Club is out of your budget but you want that same downtown-Cabo-walkable-to-the-beach profile for guests, One Medano is the closest alternative at a lower entry price.
⚑ Brent to confirm — [Are short-term rentals (Airbnb/VRBO) explicitly permitted by the HOA or building rules? Confirm before advising buyers on rental strategy.]
How Has the Building Held Up Over Time?
One Medano was built in 2008, which makes it one of the older boutique residential buildings in downtown Cabo. Brent's take: it's stood the test of time and remains one of the higher-end options in the downtown corridor.
'They just don't build them like this anymore' — that's a real signal in Cabo, where construction quality varies widely. For buyers who want a proven building with a track record rather than a pre-construction bet, that 15-plus year history matters.
Frequently asked questions
- How far is One Medano from Medano Beach?
- Approximately 500 feet — a walk of under two minutes. It's a second-row position, not beachfront, but close enough for daily beach access on foot. CONFIRM_BRENT: [verify exact distance figure]
- What is the price range at One Medano in Cabo San Lucas?
- Prices range from around $500,000 for a one-bedroom to $2.9 million for the penthouse with a private rooftop pool. Three-bedrooms start at approximately $1.5 million.
- How does One Medano compare to Hacienda Beach Club?
- Hacienda Beach Club sits right next door, but a three-bedroom there runs $3.5 to $4.5 million. One Medano offers a comparable downtown location at a significantly lower price point, starting around $1.5 million for a three-bedroom.
- What are the HOA fees at One Medano?
- HOA fees run roughly $500 to $1,800 per month depending on the unit, with the penthouse at the higher end. They're elevated compared to typical condos because of the boutique hotel-level amenities and services. CONFIRM_BRENT: [verify exact HOA range by unit type]
- Is One Medano good for Airbnb rentals?
- The location — steps from Medano Beach and walking distance to downtown Cabo — makes it a strong short-term rental candidate. CONFIRM_BRENT: [confirm that short-term rentals are permitted by the building's HOA rules before advising buyers]
- When was One Medano built?
- The building was completed in 2008, making it one of the established boutique residential buildings in downtown Cabo San Lucas with over 15 years of operating history.