Caribbean MLSReal Estate

Peppercorn Estate on Banks Road, Eleuthera, The Bahamas

Available on request

The brief

The reason to consider it.

Discover Peppercorn Estate situated on coveted Banks’ Road, North Palmetto Point, one of the last available beachfront estate properties in this prime residential area of Eleuthera, the Jewel of The Bahamas. An incredible, beautifully elevated beachfront lot with paved road access and all utilities available right to the lot, electricity, water, internet and phone. This 3.85-acre exquisite parcel offers 400 feet on the Atlantic Ocean with a pink sand private beach with sweeping elevations of 50 feet at the cliff front facing the sea and up to 60 feet in the middle of property with beautiful smooth slopes in the land making building easy. Peppercorn Estates offers an excellent vantage point, affording commanding ocean views into the far horizon and gentle tropical breezes year-round. The lot is wooded with beautiful mature trees that can be incorporated into the landscaping and will need little maintenance. Enjoy your morning coffee with the beautiful Bahamian sunrises greeting you each day and have your evenings full of soft sunset light, filtering in through your windows.

Last confirmed

Type
Land
Land
167,702 ft²

What this listing includes

  • Beachfront
  • Ocean view
  • Garden
  • BBQ area
  • On-site security

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

Read what people say, based on 14 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