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North Point Oceanfront Home & Acreage

MLS: 420333

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Guide price

$2,315,000 KYD

Property type

Home (built 2019)

Views

Beach Front

Bedrooms

2

Bathrooms

1.5

Square footage

1675

Property Description

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 property also boasts approximately 151 feet of rugged ironshore sea frontage. A 24 ft wide public dead-end T-junction, recently constructed with no connector, traverses the middle of the parcel, providing 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 ironshore.
 
The road is 12 ft above sea level, while the guest house is situated 15’2 ft above sea level. This property is both sheltered and secure, boasting a very deep parcel of 400 ft inward from the coast, a rare find in Cayman.
 
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 661sq ft of tiled concrete front and back patios, 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 between 3 ft and 12 ft above sea level, with approximately 242 ft 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!

Property Features

  • Breakfast area
  • Cable/Sat TV
  • Central AC
  • City Water
  • Dining area
  • Dishwasher
  • Furnished: Yes
  • Kitchen area
  • Living room
  • Microwave
  • Refrigerator
  • Security Alarm
  • Septic tank
  • Sewer
  • Stories: 1
  • Washer/Dryer: Yes
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