Real Estate Industry News

The pandemic has triggered a sharp increase in interest from urban dwellers seeking a quieter, slower lifestyle in other communities, states and even out of the country. But escaping to the suburbs or countryside is not enough for some people. A gated community surrounded by water seems like a pretty good safe haven right about now.

You’re in luck. A stunning beachfront residence called the Krystal House is on the market for $32 million in Old Fort Bay, an exclusive community of 250 homes on the northwest coast of New Providence, the most populous island in the Bahamas. Built in 2016, the palatial 20,000 square-foot residence blends Tuscan-style spirit with a breezy tropical lifestyle. 

“The ideal buyer is a boater and beach lover,” said listing agent Martina Reichardt of H.G. Christie Ltd. in Nassau. “It’s the perfect place for a businessperson to live and work at home. Plus, the home is a smart house that can easily be managed from abroad.”

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The three levels of luxury include eight bedrooms, eight full bathrooms, three half bathrooms, two family rooms, two custom kitchens and a home theater. On the lower level, two large game rooms with billiards invite family entertainment. The ground level has a large wine cellar, while each room on the first level leads to beautiful outdoor patios for entertaining on a grand scale and relaxing in peaceful surroundings.

Five en-suite bedrooms, each with walk-in closets, can be found on the second level, including the master suite with a sitting area, home office and a bathroom covered in white marble and flanked by two master closets. 

Two bedrooms and two bathrooms for the staff are on the ground floor. The western side of Krystal House can be converted into a two-bedroom guest house, with its own separate entrance and fully equipped kitchen. An ocean view loft, with a half bathroom and two balconies overlooking Old Fort Bay and the canal, is an added feature.

The home offers panoramic views and dazzling sunsets throughout and access to the crystal clear waters of Old Fort Bay Beach. Rounding out the amenities are an elevator, four-car garage, exterior balconies, covered patios, children’s play area, heated infinity pool, outdoor kitchen and grill, wet bar, Jacuzzi and a gazebo.

“The pool deck and beach are the perfect spots for family lounging and entertaining as well as the indoor wine cellar and dining and living areas,” said Reichardt.

Other conveniences include a water treatment system, impact-resistant windows, automated outdoor storm shutters, a generator and smart security system that can be controlled by a smart phone remotely.

Krystal House occupies just over an acre, with 150 feet of beachfront and 150 feet of canalfront, including a large protected dock. The property is near fine dining, shopping and entertainment, international airports and a short flight from Florida. The closest airport is just seven minutes away.