Perched atop a scenic 300-foot hill, Las Casitas Village I is an exclusive enclave of private villas along the breathtaking northeast coastline of Fajardo, nestled within the prestigious El Conquistador Resort. This exceptional turnkey two-level villa offers not only stunning views and resort-style living, but also a rare and highly desirable income-producing opportunity. Spanning approximately 1,898 square feet, this versatile residence features two bedrooms and two full bathrooms, thoughtfully designed as a flexible lockout property. Owners can enjoy the villa as a full 2-bedroom, 2-bath residence or effortlessly divide it into two fully independent units: a one-bedroom, one-bath main living space with kitchen, and a separate private upstairs suite. This dual-configuration allows for simultaneous rentals, partial owner use, or full occupancy, significantly enhancing both flexibility and revenue potential. A private vestibule welcomes you with two separate entrances, ensuring privacy and convenience for each space. The main level features a bright, open-concept living, dining, and kitchen area filled with natural light and framed by oversized doors showcasing lush tropical surroundings. The fully renovated kitchen is equipped with stainless steel appliances and a spacious island, ideal for both everyday living and entertaining. The primary bedroom comfortably accommodates a king-sized bed and overlooks the serene landscaped courtyard. A well-designed bathroom offers dual access from both the bedroom and main living area. The upper-level suite functions perfectly as a lockout unit, complete with its own full bathroom, kitchenette, expansive glass doors, and a private balcony with panoramic ocean and mountain views. A generous terrace provides the perfect setting to relax and enjoy the island’s year-round tropical climate. Positioned in one of the most desirable locations within the community, this villa stands out not only for its views but for its exceptional rental appeal. Owners may participate in the El Conquistador Resort’s hotel rental program for a more hands-off approach or independently operate as a short-term rental, maximizing occupancy rates and income generation throughout the year. Residents and guests enjoy access to an array of resort-style amenities, including multiple pools, on-site dining such as the popular Vinos & Tapas, and proximity to the Arthur Hills championship golf course. With optional resort membership, additional privileges include ferry access to the private beach on Palomino Island, Coquí Water Park, and more. Ideally located just minutes from Seven Seas Beach, Puerto del Rey Marina, and El Yunque National Rainforest and under an hour from San Juan. This property offers the perfect balance of accessibility, lifestyle, and investment potential. An exceptional opportunity to own a villa that seamlessly blends luxury living, flexibility, and strong income potential in one of Puerto Rico’s most sought-after resort communities.