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PRIME 5-ACRE ELEVATED DEVELOPMENT SITE WITH OCEAN FRONTAGE - HIGH ROCK, EAST END
(Eastern Districts of Grand Cayman, Cayman Islands)CI$1,595,000
- 290 Width
- 925 Depth
- 5 Acres
MLS# 420837
A rare and lucrative opportunity for developers! This unique 5-acre split parcel offers the ultimate Caribbean canvas, featuring approximately 255 feet of unobstru...
Property Description
A rare and lucrative opportunity for developers! This unique 5-acre split parcel offers the ultimate Caribbean canvas, featuring approximately 255 feet of unobstructed ocean frontage paired with a massive inland section that rises to a storm-safe 30 feet above sea level. Zoned Low Density Residential (LDR), this site provides incredible flexibility to maximize your ROI: Luxury Condominiums: Build a sprawling, elevated community. LDR conditional use allows up to 15 units and 24 bedrooms per acre. Exclusive Subdivision: Subdivide into single-family residential lots (10,000 sq. ft. minimum). The natural amphitheater-like elevation guarantees panoramic Caribbean Sea views for the inland builds. Capitalise on the waterfront portion for premium oceanfront views, while leveraging the high-and-dry inland acreage for spectacular sea-view homes. Bring your vision to one of the finest, most versatile development sites available in the tranquil East End today. *Boundary lines are approximate on photos; Please refer to Land and Registry Screen shots for a more accurate representation.
Key Features
Property Type:Land
Listing Type:Low Density Residential
Property Status:Current
Address:Eastern Districts of Grand Cayman
Views:Beach View, Water Front
Block:68A
Parcel:31
Zoning:Low Density residential
Sea Frontage:255
Road Frontage:288
Soil:Rock
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*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
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