Caribbean MLSReal Estate

22 Acre Waterfront Estate for Sale, North Sound, Virgin Gorda, BVI

Available on request

Type
Land
Land
10,315,271 ft²
Zoning
residential
Topography
flat
Water
Yes
Electricity
Yes
Permitted uses
Single family, Tourism, Boutique hotel, Residential villa community

What this listing includes

  • Beachfront
  • Dock or mooring
  • Terrace
  • Ocean view
  • Tennis court
  • Marina
  • On-site security
  • Parking
The brief

The reason to consider it.

This is an incredible opportunity to purchase one of the best investment opportunities in Virgin Gorda – a substantial 22 acre waterfront estate offering excellent development potential. The estate features 800′ of waterfront with 2 docks, a white sand beach, a boat ramp, and of course palm trees. From the beach, your view up the valley falls upon the land, and almost of what you see is included in the parcel. The ruins of an estate villa, tennis court and a manager’s residence are a testament to what was once a beautiful home with landscaped grounds and a private beach. Now, the property is waiting for your vision to bring it back to glorious life. This 22-acre piece of land could hold up to a dozen modern villas with spacious grounds between them. The views are scenic, the breezes are cooling, and the cove is protected so that it remains calm even on those days when the tradewinds are a little stronger than usual. The previous owners connected the property to the island’s main electrical system, and all the utilities on the property are below ground. Beneath the tennis court is a cistern that can hold over 80,000 gallons, and there is a second smaller cistern in the manager’s house. A small roadway crosses a bridge and allows vehicles to travel from the boat ramp to the rest of the property. This estate road could be connected to the roadways of Virgin Gorda if desired. A seasonal stream runs down the center of the valley with lush vegetation growing on either side. At the base of the valley, there is a large area of flat land, nearly 4 acres, on which the residences and amenities have been built. Ideally suited for a small boutique resort, the property could also be handily developed into a residential villa community. The property has considerable water rights under the sea, so the docks could easily be expanded and a small marina put in place for the villa owners and visitors. Nearby are the properties that make the North Sound the most famous yachting destination in the Caribbean… Necker Island, Oil Nut Bay, the Bitter End Yacht Club, Saba Rock, and the resurgent Biras Creek. Right next door is the renowned Leverick Bay Marina, with shops, markets and boutiques. These nearby resorts provide plenty of activities and nightlife, while the estate remains a secluded in a well-protected corner of the bay. In terms of value, this estate represents one of the best opportunities in Virgin Gorda for waterfront land with excellent development potential. If you have an interest in a large property in Paradise, this deserves your consideration.

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