CANALFRONT LOT NEAR SAILING CLUB

  • $550,000
Prospect, Cayman Islands

CIREBA MLS LDX feed courtesy of ENGEL & VOLKERS

Description

Welcome to the idyllic Red Bay community! This stunning canal front lot presents an excellent investment opportunity with its prime location and numerous possibilities. Encompassing 0.57 acres or 2,300 m2, the property is already filled and boasts an expansive 90 ft dock, complete with water and power connections. The presence of a sea-wall allows for convenient boat parking right behind your future house, making it effortless to indulge in activities like deep-sea fishing, diving, and weekend boating adventures. The size of the lot offers ample room for exploration. You could consider building four revenue-generating vacation homes, catering to tourists and visitors seeking a comfortable and convenient place to stay. Alternatively, you have the option to construct one large family residence, providing abundant space and privacy for your personal use. Architectural drawings are readily available, simplifying the planning and construction process and helping you transform your vision into reality.

With its canal frontage and proximity to the George Town Sailing Club, this property is a haven for water enthusiasts and boating aficionados. The serene atmosphere of Red Bay complements the convenience of being within reach of George Town’s amenities and attractions.
Whether you’re looking for an investment opportunity or planning to build your dream home, this canal front lot in Red Bay offers the potential to create a highly desirable and rewarding living space. Don’t miss out on this exceptional opportunity. CIREBA MLS 413530 for further details.

Details

Updated on May 18, 2024 at 4:45 am
  • MLS#: 413530
  • Price: $550,000
  • Property Type: Land
  • Property Status: Current

Additional details

  • Views: Canal Front
  • Lot Size: 0.5700
  • Sea Frontage: 89
  • Road Frontage: 89
  • Soil: Rock
  • Zoning: Low Density residential
  • Block: 22D
  • Parcel: 129
  • City Prospect
  • Area 40
  • Country Cayman Islands

Mortgage Estimate

Your estimated monthly mortgage payment:
Monthly
  • Principal & Interest

Additional fees such as C.I Government Stamp Duty, bank commitment fees, and other minor closing fees could be added onto final purchase price.

Talk to one of our experience Corcoran agents who will guide you through your purchasing journey.

CANALFRONT LOT NEAR SAILING CLUB

  • $550,000
Prospect, Cayman Islands

CIREBA MLS LDX feed courtesy of ENGEL & VOLKERS

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