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Banks Road, Eleuthera, Bahamas – $3,275,000

  • 8 Beds
  • 10 Baths
  • 441,555 Sqft
  • 9.98 Acres
  • 8 Beds
  • 10 Baths
  • 441,555 Sqft
  • 9.98 Acres

Banks Road

The investment property you have been waiting for ! An excellent investment opportunity awaits on the breathtaking pink sands of Eleuthera. Stretching across the gently rolling dunes of Singing Sands Beach, the nearly 10 acre property comprises a collection of five cute rental cottages, much like the famed Compass Point in Funky Nassau! Surrounded by natural beauty, vegetation, south east trade winds off the Atlantic and views of the azure and aquamarine hues on miles of pink sand beach, this great resort longs to be revived! The favorite Capt. Jack's restaurant, on the beach, with an ample kitchen, great indoor and outdoor dining, a manager's cottage and office. At the rear of the property, with sweeping views of the rolling dunes are the two units that are comprised of two 2 bedroom condominiums / townhouses. Additionally a two bedroom Key West Cottage, nestled on the hill with a roof top sun deck. Valuable, existing approvals include the development of an addition 23 residences. This great property can be yours to invest in, to bring back to life!

Essential Information

  • MLS® #27903
  • Price$3,275,000
  • Bedrooms8
  • Bathrooms10.00
  • Square Footage441,555
  • Acres9.98
  • TypeResidential
  • Sub-TypeResort/Hotel
  • StyleOther

Community Information

  • AddressBanks Road
  • AreaPalmetto Point
  • CityEleuthera
  • CountryBahamas

Amenities

  • ParkingOpen

Interior

  • CoolingWindow unit(s)

Interior Features

Additional Accom., Kitchen Built-in(s), Main Level Entry, Cable, Guest House, Furnished

Exterior

  • ExteriorHardi Plank
  • ConstructionFrame
Courtesy of the Bahamas MLS
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Price Change History for Banks Road, Eleuthera, Bahamas (MLS® #27903)

Date Details Change
Price Reduced from $3,850,000 to $3,275,000 $575,000 (14.94%)

The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer's personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.