Old Prospect Point Road in Grand Cayman is lined with multimillion-dollar houses along the sand, but … [+]
1503 Property Group
Adjoining hexagonal shapes define the living area of this distinct beachfront home in Grand Cayman’s Old Prospect Point neighborhood.
The quiet Cayman Islands road, lined with multimillion-dollar houses along the sand, is coveted for its proximity to shopping and schools. With low traffic, it’s the type of street where children may be found playing, riding bikes or kicking a soccer ball.
The landscaped grounds offer privacy from the neighbors while the home’s sitting 15 feet above a beach ridge allows for expansive views of the reef-protected waters. Greenery includes salt-tolerant trees and native flora. A gated entrance and stone walls secure the property.
The estate’s landscaped grounds offer privacy from the neighbors while the home’s sitting 15 feet … [+]
1503 Property Group
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“The shape of the house, built in three connected rondavels, is inspired by traditional African homes and the heritage of the original owner/developers of the property,” says listing agent Nick Sellars of 1503 Property Group.
Within the 3,400 square feet of interiors are a first-floor living space that opens to the outdoors, four bedrooms, four full bathrooms and a powder room. “Timber vaulted ceilings throughout complement the expansive and unobstructed ocean views out from the beachfront ridge,” Sellars says.
An irregular-shaped swimming pool with a pool deck sits on the ocean side of the house, which is wrapped by patios. The shoreline is steps away.
An irregular-shaped swimming pool with a pool deck sits on the ocean side of the house.
1503 Property Group
“Our expectation would be to sell this to an overseas purchaser looking for the privacy that a site approaching 1.5 acres can offer,” Sellars says. “A developer would also see the value in this underdeveloped parcel with a view to building a cottage community to complement the existing home.”
The George Town property is offered at US $3.6 million.
As an offshore tax haven, the Cayman Islands attract expats from around the world. There are no taxes on earnings, food or drink.
The slow pace of life, natural beauty and tropical climate are many reasons why the Cayman Islands … [+]
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The slow pace of life, natural beauty and tropical climate are also major draws. The influx of expats has led to a diverse cultural mix. English is widely spoken. Foreigners are permitted to own property. Real estate purchase procedures are much like those in the United States. Rentals are in high demand.
Surrounded by turquoise water and powdery white sand beaches, Grand Cayman itself is renowned for its world-class scuba diving and snorkeling.
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