Mitchell Hillier
RE/MAX CAYMAN ISLANDSDescription
MLS ID: 420333 - Nestled along the North Western coast of West Bay, this block construction, single storey contemporary style guest house sits on an expansive 1.09 acre parcel. The parcel has recently been divided by a 24ft wide public dead-end T-junction with no connector, allowing for ultimate privacy and seclusion.
The land allocation features 0.63 acres (27,566 sq. ft.) of coastal beauty on the north side, hugging the shoreline, along with an additional 0.46 acres (20,249 sq. ft.) of elevated ocean-view land nestled on the inland south side of the road. Spanning approximately 191 linear feet from the pristine coastline to the road, the property offers a truly picturesque setting with no public beach access leading to the iron shore.
The guest house was constructed in 2019 with an emphasis on attention to detail, and modern style in mind. Spanning 1,014sq ft of interior space, with an additional 615sq ft of tiled concrete back patio, the 2 Bed 1.5 Bath home provides an indoor/outdoor living style with breathtaking views of the Caribbean Sea.
An exciting opportunity lies across the street on the southern portion of the property, there awaits 0.46 acres of Low Density Residential ocean view land. This parcel sits approximately 8ft above sea level, with approximately 131ft of road frontage, while still reaping the privacy benefits of the dead-end T-junction.
The expansion and development possibilities with this property are truly exciting. The current structure only commands 2.12% of the entire parcel which is well under the 30% building footprint maximum allowed within Low Density Residential zoning restrictions. As it stands right now, a potential purchaser could begin earning rental income immediately, using the existing home as a short term or long term rental while they decide how they want to expand, develop, or subdivide the rest.
An incredibly unique property, with incredibly unique possibilities!
listing details
- Listing ID: 000031913069
- Property type: House/Villa
- Contract type: For Sale
- Price: CD$ 2,315,000.00
- Bedrooms: 2
- Stories/Floor: 1
- Garage capacity: 1
- Year built: 2019
- Construction size: 0.00 Sq. Ft. - 0.00 Sq Mt.
- Lot size: 1,675.00 Sq. Ft. - 155.61 Sq Mt.