Description
Located within the prestigious gated community of Thompson's Cove, this magnificent beachfront estate presents an unparalleled opportunity to own beachfront development land together with a 7 bedroom villa property on the world-renowned shores of Providenciales. This property spans an 1.46 acres of pristine coastal land with an impressive 226 feet of sugar-white sandy beachfront, offering breathtaking panoramic views of the azure Caribbean Sea. The estate currently consists of two undeveloped beachfront parcels that are perfectly positioned for future development of luxury beachfront retreats. It's worth noting that the TCIG Planning Department recently granted permission for zero-lot line freehold title townhomes, such as at The Reserve at Rock House or Vacation Villas at The Strand. This offers the buyer a stamp duty savings and one of the reasons new construction villa projects are out selling resales in our luxury market. With 226 feet of beach frontage, this property could accommodate 5-zero lot line townhomes, subject to planning permission. The property is also suitable for development of two large luxury rental villas with guest houses to take advantage of excellent income opportunities from vacation rentals. In addition to the development land, there are two additional parcels with a recently remodeled charming two-story home that epitomizes coastal elegance and offers six bedrooms and four bathrooms spread across its 4,400 square feet of living space. Upstairs, three bedrooms and two bathrooms provide a serene sanctuary with sweeping ocean views, while downstairs, three bedrooms and two bathrooms offer flexible accommodation options for guests or extended family. The home's renovation includes new bathrooms, a kitchen, appliances, furnishings, and A/C. For added versatility, a delightful studio-style cottage provides a private oasis for guests or could serve as a tranquil home office or artist's studio. The principal residence is constructed on a separate inland lot. Step outside to discover your private paradise, where lush tropical landscaping surrounds a sparkling pool and expansive patio area, creating an idyllic setting for al fresco dining, sunset cocktails, or simply soaking up the sun in blissful seclusion. The layout is well suited to long term or vacation rentals. With its unparalleled beachfront location, generous lot size, and versatile accommodation options, this exceptional property presents an extraordinary investment and development opportunity, and to take advantage of the ultimate island lifestyle in one of Providenciales' most coveted communities. Don't miss your chance to make your beachfront dreams a reality – schedule your private viewing today!
