Caribbean MLSReal Estate

Expansive Seafront Lot in Prospect, Cayman Islands

Available on request

The brief

The reason to consider it.

Presenting an exceptional opportunity: a rare, expansive, and impressively wide Seafront lot that is already filled and primed for development. Imagine creating your vision for a private estate complete with a guest house, spacious garages, or take advantage of its generous size by subdividing into two distinct homesites.

Perfectly positioned just outside George Town, this property offers effortless access to Seven Mile Beach and the town center—both only minutes away. Across the street lies Grand Harbour, a lively hub featuring a grocery store, boutique shops, offices, banking services, top-notch restaurants, and bars, all within easy reach.

Situated in an area of Grand Cayman undergoing rapid growth, with new infrastructure and enhanced facilities, this location offers increased desirability and convenience. As part of the Indigo Bay residences and Strata, owners have exclusive access to extensive communal facilities, which include a sizeable area of 2.2 acres with a 400 foot wide Seafront park, yoga area, large swimming pool with separate kids pool/play area, fully equipped gym, community center, storage lockers for paddle boards/kayaks, and a BBQ area.

This 1.24 acre parcel offers considerable value and an excellent location suitable for the development of either a distinguished private residence or two residences. The individual Seafront lot may be subdivided into two substantial homesites, each featuring extensive frontage and depth—attributes rarely available near George Town. This represents a unique opportunity to secure a highly desirable site for a single residence or to develop two separate homes.

Last confirmed

Type
Land
Land
539,218 ft²
Topography
waterfront

What this listing includes

  • Pool
  • Private pool
  • BBQ area
  • Fitness centre
  • Yoga studio
  • Ocean view
  • Beachfront
  • Parking

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