Caribbean MLSReal Estate

0.25 Acre Canal-Front Lot for Sale, The Channels, Prospect, Grand Cayman

Available on request

The brief

The reason to consider it.

A Blank Canvas for a Custom Waterfront Home Located at at The Channels, a prestigious gated community in Prospect, Grand Cayman , this canal-front lot enjoys direct water access with ample space for a private dock, making it ideal for buyers who enjoy the boating lifestyle and are looking to build a full-time residence, a vacation home, or an investment property. Spanning approximately 11,034 square feet (0.2533 acres), the lot offers 134 feet of canal frontage and 69 feet of road frontage. The lot’s position near the end of the canal provides an excellent opportunity to design a custom home that takes full advantage of its waterfront setting, whether that means expansive outdoor living space, a pool, or a residence built around the Cayman lifestyle. With ample canal frontage, there is also plenty of room for a private dock, giving direct boating access right from the property. Located Near Grand Harbour and George Town The Channels is a gated community offering convenient access to Grand Harbour, George Town, Owen Roberts International Airport, and Seven Mile Beach, making it easy to reach shopping, dining, and the island’s most popular beach within minutes. Fantastic Waterfront Home Site at The Channels With its waterfront location, space for a private dock and settin within a secure gated community, this lot is an excellent opportunity to build a custom home in one of the most prestigious gated communities in Grand Cayman.

Last confirmed

Type
Land
Land
11,033 ft²

What this listing includes

  • Dock or mooring
  • Gated community
  • On-site security

What people say about Cayman Islands

Sources agree that buying in Grand Cayman is tax-light but not cheap to live with.

  • Concern Cayman is among the most expensive places to live; imports and housing drive it
  • Positive No annual property, capital gains or inheritance tax; one-time stamp duty is the main purchase cost (7.5%, 10% above CI$2m from 2026)
  • Mixed Permanent residency by property needs CI$2m of developed real estate and is quota-limited; a cheaper 25-year certificate carries no right to work
  • Mixed Strata fees are a material carrying cost, higher on Seven Mile Beach

Read what people say, based on 9 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law