array(3) { ["action"]=> string(11) "listingview" ["listingID"]=> string(5) "53048" ["printer_friendly"]=> bool(false) } Grand Bahama Multi-Family at Colony Bay Freeport, ID - 53048

Luxurious Multi-Family Oasis on Grand Lucayan Waterway

Discover Island Living in this Multi-Generational Oasis or Retirement Income Property

8 BD

6.5 BA



Listing details

Ref# 53048
Property type Multi-Family
Price $2,950,000
Status Active
Beds 8
Baths 6.5
Square Feet 8500
Lot Size 44414
Island Grand Bahama
Subdivision Colony Bay
Features Canal Front
Enclosed Yard
Lot 41
Unit 1
Block 5
Rental Term n/a
Maint. Fee $300 /yearly
Dimensions 196' x 227'


Ryan Cartwright
Phone: 242-351-9081 Mobile: 242-813-8433 View bio

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200' Canal Frontage

Three Residences in One

35kW Diesel Generator

High Elevation

Expansive 44,414 sq ft Lot


Introducing an extraordinary opportunity in Colony Bay, Freeport, Grand Bahama - a distinguished multi-family property crafted for multi-generational living or retirement income production. Nestled along the prestigious Grand Lucayan Waterway, this residence offers unparalleled luxury and resilience.

Encompassing an impressive 8,500 sq ft of floor space, with 6,650 sq ft under air, this meticulously designed abode sits atop one of the highest vantage points in the area. Comprising three distinct residences seamlessly integrated under one roof, it stands as a testament to architectural prowess and thoughtful design. Soaring 14' ceilings throughout add an ambiance of grandeur and spaciousness to each unit.

Crafted from solid, reinforced 8" thick concrete and fortified with galvanized steel roof trusses set on a 12" center, this home epitomizes strength and durability. Positioned on a sprawling 1-acre elevated lot with 200' water frontage, every aspect speaks to both practicality and luxury.

Step into a world of refined living, where each residence boasts its own entry, living room, dining area, fully equipped kitchen, laundry/storage room, and rear covered porch. Unit A features 3 bedrooms, 2 bathrooms, while Unit B offers 2 bedrooms, 2 and a half bathrooms, and Unit C comprises 3 bedrooms, 2 bathrooms. Each unit also enjoys the luxury of a grill and barbecue station on the rear porch, perfect for entertaining guests. Additionally, the property is equipped with a robust 35kW diesel generator, ensuring uninterrupted power supply to the entire property.

Outside, a serene oasis awaits. Step into the backyard and be greeted by a pristine salt water pool overlooking the tranquil Grand Bahama Waterway, offering the perfect setting for relaxation and entertainment.

For those seeking investment potential, the property's layout lends itself seamlessly to generating retirement income or accommodating multi-generational living arrangements.

Experience the epitome of island living, where exquisite craftsmanship meets unparalleled resilience, in the heart of Freeport, Grand Bahama. Embrace a lifestyle where luxury knows no bounds and possibilities are as endless as the waterway vistas that surround you.