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MLS#: 417998

Coral Vista

North Side, Grand Cayman
US$13,500,000
Type: Residential
  • 10
    BED
  • 7.5
    BATH
  • 7,000
    SQ FT
  • 2021
    YEAR BUILT
  • 0.54
    ACRES
26 people viewed this property since last week.

Property Information

Premium beachfront luxury! The Coral Vista estate features 7000 square feet of space for family and friends to enjoy, along with immaculately landscaped grounds and 100 feet of white sandy beach (No rock or Ironshore). This home features a swimming pool complete with a 50 foot infinity edge, swim up bar, tanning ledge, outdoor kitchen/pizza oven and a two level beach cabana. Robust vacation rental income!

https://www.vrbo.com/en-gb/p1828613vb

From the moment you walk through the entryway you’ll have incredible panoramic views of the blue Caribbean sea. The open floor plan with 10 foot ceilings throughout and high ceilings in the center connects the oversized family room to the dining room and a kitchen fit for a private chef. Just off the family room you'll find a separate entertainment room, equipped with a wet bar, fridge and pool table. Coral Vista has 10 bedrooms, including 3 oceanfront master suites (one on the ground floor and two on the second). Each of the oceanfront suites is equipped with a king bedroom set, flat screen TV, an en suite bathroom and stunning direct views of the ocean. The residence also has a fourth oversized king suite, with en suite bathroom, located in the southeastern corner of the home. This suite has a flat screen TV as well as a small home office for any work you may have to attend to while in-residence.

The ground floor also contains two other private suites on the western side of the home. They share a spacious bathroom and are ideal for a family traveling together as part of a larger group. One of the rooms is outfitted with a queen bed, the other with either two twin XL beds or a king (can be configured as such). Facing west, the rooms are a wonderful choice for anyone who prefers extra sleep as it will stay darker in the early morning hours.

On the second floor, in addition to the dual oceanfront suites, Coral Vista has a king suite complete with a connected, private nursery. This suite features an en suite bathroom and is designed for families with young children. The nursery, which adjoins the main room, is equipped with a crib, changing table and rocking chair to make beach time with the little ones as seamless as can be. The second floor also has two private suites on the western side of the house, similar to the ground floor. These two share a private en suite bath, one being equipped with a queen bed, the other a bunk bed, complete with trundle (3 twin beds in total). The centerpiece of the upstairs is the oversized entertainment room. Sleeping 3-6 comfortably (if needed) with triple bunk beds, the upstairs entertainment room also contains an array of entertainment options for people of all ages. The entertainment room features Skee Ball, Pop-a-Shot basketball, air hockey, ping pong, bubble hockey and a 75 inch television. The entertainment room is equipped with an array of board games to fit out the experience.

Continuing on up to the 3rd floor, which is an extension of the entertainment room, this floor comes complete with arcade games including Pac Man, Sega Outrun, NBA Jam, Teenage Mutant Ninja Turtles, Star Wars and others. There is a lobby and concession area complete with a vintage popcorn machine and an 11 seat stadium style movie theatre.

This property was designed with rental income in mind. 2022 pre expense income was USD $1,051,966. 2023 pre expense income was $837,905 and YTD 2024 pre expense income stands at $892,214 Sept20 (see internal remarks for further details).

All bed linens are Egyptian cotton and luxury bath towels and oversized pool towels are in abundance. You will find plush robes with the Coral Vista logo in the bedrooms. Built to accommodate large groups and events when needed, multiple roll away beds are also included. Standing seam metal roof, spray foam insulation, two walk-in storage rooms, four brand new washer/dryer sets - the list goes on. Perfect as an investment property, corporate retreat or a home for large families/friend groups.

Property Details

  • Status: Current
  • View: Beach Front
  • Listing Type: Single Family Home
  • Acres: 0.54
  • Den: No
  • Pool: Yes
  • Foundation: Slab
  • Stories: 3
  • Furnished: Yes
  • Garage: No
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*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.
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. 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).

About ERA CAYMAN ISLANDS

ERA Cayman Islands is a locally owned and operated boutique real estate company. Our licensed professional real estate agents are hand-picked for their proven experience in dealing with investors who are considering offshore real estate market opportunities. Whether you are a first-time visitor to the islands, an experienced investor, or just curious about what the Cayman Islands Real Estate market has to offer - our one-on-one approach allows us to tailor our service to fit your needs. We have a comprehensive database of local listings totalling in the hundreds of millions and friendly agents who have expertise in Caymanian property law, customs and industry wide connections. Our staff has experience dealing with developers of all price levels, matching them up with the right professionals that will bring them the most economical results. Whether you are looking for residential beachfront lot to build your dream vacation cottage or a multi-acre building site for a commercial development, our professionals can guide you in the right direction. Let the professionals at ERA Cayman Islands work for you. Contact us today and take some of the worry out of investing in the Cayman Islands. Our Cayman Real Estate Services •We offer one-on-one personal service to each customer. You will not be handed over to a sales team or an assistant with multiple contacts •Provide comparative market analysis on similar properties sold in your category of interest •Guide you through the required steps of ownership in the Cayman Islands •After purchase, assist with all utility changeovers •Provide list of recommended freight shippers if needed •Be your new trusted friend in Cayman Islands

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