28 acres on the Sea of Abaco on the vibrant island of Elbow Cay with excellent elevation and approximately 1600 linear feet of prime waterfront. Considered to be the largest single property offering on the cay in at least 60 years, it is the perfect choice for those searching for the seclusion of a private island but still wanting the convenience of amenities nearby. The offering includes a 2800 sq. ft., 4b/2.5b home (2009), complete with swimming pool and a 10-slip marina. A stunning natural backdrop with sandy beach on the leeside, and beautiful sunset views offers endless inspiration. The property is secluded by its natural foliage and offers extreme privacy with a 500-foot laneway that was created in 1964 by cutting through 36-foot-high elevations of limestone. An excellent opportunity to build a private estate or commercial development. Approval in principle was granted in 2021 for an upscale boutique hotel with plans for a 40-slip marina, restaurants, pool bar, clubhouse, fitness center, spa, tennis court, retail shops and private homes. Design work is included with purchase.
Mls | 58534 |
---|---|
Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 2012 |
Days On Site | 146 |
Listing Provided By | KERRY SULLIVAN REAL ESTATE | KERRY SULLIVAN |
Beds | 3 |
---|---|
Baths | 3 Total |
Sq Feet | 4,120 |
Basement | Y |
Pool | Yes |
Acreage | 28.00 |
State | Abaco |
---|---|
City | Elbow Cay/Hope Town |
Zip Code | 00000 |
Area | Abaco |
Community Name | 968 |
Listing VS Median (in 968) | |
Price: $25,000,000 low | high Med: $25,000,000 SqFt: 4,120 low | high Med: 4,120 $ / SqFt: $6,068 low | high Med: $6,068 On Site: 146 low | high Med: 146.000000 |