Caribbean MLSReal Estate

Prime Building Lot On Periwinkle Drive, Cherry Tree Estates

Available on request

The brief

The reason to consider it.

This beautiful 0.29-acre lot offers a rare opportunity to build your dream home in one of Grand Cayman’s most desirable residential areas. Nestled in Cherry Tree Estates, the property sits midway between the scenic shores of Pease Bay and Breakers, placing you just minutes from tranquil beaches and stunning coastline.

Located close to Savannah where you’ll enjoy convenient access to shopping, dining, and everyday amenities, while remaining close to some of Cayman’s best nature trails and waterfront restaurants in East End and Rum Point. The lot is partially filled and elevated 3 feet above sea level, with existing vegetation and mature trees that provide natural privacy and charm. Utilities are readily available, meaning your project can move forward quickly and smoothly.

With easy beach access nearby, this is the perfect setting for a relaxed island lifestyle.

Ready for your vision — whether it’s a modern family home, a vacation retreat, or a smart investment, this Periwinkle Drive lot is an excellent opportunity in a fast-growing, sought-after community.

Last confirmed

Type
Land
Land
12,637 ft²
Zoning
Low Density Residential
Topography
flat
Build ready
Yes
Road frontage
100 m
Water
Yes
Electricity
Yes
Internet
Yes

What this listing includes

  • Beach access
  • Water storage

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