FOR SALE BY OWNER

Ocean side lot in Rainbow Bay for Sale

Section A- Block 8- Lot 19

Approximately 55 feet above sea level – one lot off ocean (approximately 140 feet from ocean)

The property affords a fantastic view to the north of Harbour Island, to the south of James Point and straight out is open ocean.  At night the cruise ships drift by like floating birthday cakes - on calm days the clear waters offer fantastic diving and lobstering opportunities – on rough days sit on your front porch and admire the strength of the ocean.  A short walk to the north takes you to Twin Beach, a unique postage stamp sized beach with soft pink sand in the sun and shady caves to protect those more tender skinned individuals.  An equally short walk to the south brings you to Smugglers beach where you can find driftwood, seashells, sea glass and other treasures.  A ramp of dirt has been pushed down the lot across the street allowing easy water access for diving or kayaking.

This lot comes with fully approved plans (done by a Bahamian architect) for a 3 bedroom/2 bath (plus interior laundry area) open floor plan with covered porch (from the balcony above the porch you can see the sea side too).  Because the property is elevated above the road, the garage will be located under the house and encased in rock on 3 sides.  The plans call for a 2 car garage with large storage area that could be made into an additional apartment.  This area also makes a fabulous hurricane shelter – as only one side would be exposed to the elements.

The excavation for the garage, cistern and driveway is completed (this was a lot of work and a lot of expense – be glad this is already done).  The plans are approved and the building permit has been issued.  Come build your dream house in your dream location – it’s all ready to begin!

$79 k.

Contact Kristel at 407-458-2041 or email kristelsea@yahoo.com for more information.

FAQ:

1.  Why am I selling?  Because I have decided I want to be further south in Eleuthera.

2.  Why would you want to build on the ocean side, You have heard the ocean side is a bad side to build on…  It can be if you don’t know what you’re getting into and don’t do it right.  This property gets NO direct water assault – it does get salt spray, but all of Rainbow does.  Build with the correct materials – for example, vinyl windows, vinyl soffits, stainless nails and screws… build protective coverings around your ductless a/c and tankless water heaters… Don’t plant salt intolerant plants…

3.  Who pays what?   – buyer and seller pay their own lawyers. Buyer pays closing costs and all stamp tax.