3 bedroom Residence for sale - RAINBOW BAY SUBDIVISION in Eleuthera, The Bahamas
Available on request
28 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Perched on an elevated hilltop in Rainbow Bay, Eleuthera, “Due North” offers breathtaking 180° views of both the Caribbean and Atlantic Oceans. Enjoy stunning sunrises and sunsets from this meticulously maintained, turnkey concrete home — sold with three additional lots totaling 1.25 acres for added space and privacy. This 1,400 sq. ft. energy-efficient home features an open-concept design with a bright white kitchen, native stone accents, and hurricane-rated glass doors that flood the space with natural light. It offers three bedrooms, two full baths, ample storage, and a spacious 790 sq. ft. patio — perfect for outdoor entertaining. Additional highlights include a 22kw backup generator, 17,000-gallon rainwater cistern, two-car garage, covered outdoor shower, and beautifully landscaped tropical gardens. The main beach is just a 2-minute walk away, with grocery stores, restaurants, and other conveniences nearby. Rainbow Bay amenities include five beaches, a boat ramp, tennis court, and well-kept parks — all for a low annual HOA fee of $280.
Last confirmed
- Type
- Villa
- Land
- 53,454 ft²
- Year built
- Available on request
What this listing includes
- Ocean view
- Beach access
- Garden
- Terrace
- BBQ area
- On-site security
- Gated community
- Parking
What people say about Bahamas
Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.
- Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
- Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
- Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
- Concern Vacant land owned by foreigners carries a notably heavier tax until built on
The asking price is not what it costs.
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