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CANALFRONT LOT NEAR SAILING CLUB

MLS #413530 | Prospect / Newlands, Cayman Islands
  • 89
  • 260
CI$550,000
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CIREBA MLS LDX feed courtesy of ENGEL & VOLKERS
Mortgage Calculator
Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
CI$ 2,362

About This Property

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.


Property Features

  • Property Type
    Land (Low Density Residential)
  • Acres
    0.57
  • Block
    22D
  • Parcel
    129
  • Acres
    0.57
  • Views
    Canal Front
  • Zoning
    Low Density residential
  • Sea Frontage
    89
  • Road Frontage
    89
  • Soil
    Rock

Mortgage Calculator

Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
Mortgage Term(Years):
Interest Rate(% Per Year):
Principal Amount($):
Down Payment(%):
Amortization(Years):
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Down Payment Required
CI$ 110,000
Mortgage Principal
CI$ 440,000
Monthly Payment
CI$2,362
Still Owing at End of Term
CI$0

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
Debi Bergstrom
Debi Bergstrom
+1 (345) 516-0079

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CANALFRONT LOT NEAR SAILING CLUB

CANALFRONT LOT NEAR SAILING CLUB

Buyers Over CI$550,000
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