CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY
About this property
Experience island life at Coconut Reef, your own private sanctuary on the water of Old Man Bay in Grand Cayman’s North Side. The welcoming bungalow is tucked away from the road and nestled in mature native trees and shrubs, with no neighboring properties in sight. Wake up to the sound of gentle waves. Take in the stunning views, and within a few steps enjoy snorkeling or swimming off your private shoreline. The bungalow is comfortable as it is, or this location could be the perfect spot for your dream home. Coconut Reef offers two bedrooms, two bathrooms, a one-car detached garage and a carport conveniently located at the main entryway. The over sized 1.3-acre lot measuring approximately 200-feet wide by 300-feet deep, is adorned with mature coconut trees and indigenous plants, home to Cayman parrots and native wildlife. Perfect location for an off the beaten path, executive waterfront estate or subdivide the double lot while retaining 100-feet of water frontage for your home away from home and land bank the balance for future appreciation. Alternatively, sell the remaining land to offset building expenses. With various options and limitless features, Coconut Reef is a must see.
|Bedrooms: 2||Bathrooms: 2|
|Sqft: 2208||View: Beach Front|
|Acreage: 1.3000||Outdoor Features: Garage: 1|
An opportunity to invest in Cayman’s next best. The East End and Frank Sound areas offer a combination of farming and residential areas and are up and coming markets to watch. Wide open spaces give way to wide entertainment options, with the Queen Elizabeth Botanical Park and the Blue Iguana sanctuary to name a few of those enriching the area’s parkland.
Further to the east is the sleepy town of East End; and with superb diving, fantastic views and equally impressive cuisine this is the idyllic island town of your dreams. These districts not only boast their own newly built school, but the acclaimed Health City, Shetty Hospital close by. A once in a lifetime opportunity, the market is just starting to climb in East End and Frank Sound. And with more new development on the horizon, the sun won’t be setting in this sleepy town anytime soon.