The islands of New Providence and Paradise Island are just over 81 square miles combined so it should be no surprise that these small islands have high demand for waterfront real estate. Over the last decade and a half there has been an explosion of new communities offering home buyers and real estate investors more than just a nice home overlooking beautiful crystal clear waters. Mega yacht marinas, golf courses, world class resorts and a complete menu of amenities and services have positioned these communities to compete on the global stage. Here are our best waterfront communities on Nassau/Paradise Island.
1) Lyford Cay
Lyford Cay comprises 1,100 acres and first began development as the community we know today in 1959. It is know world-wide as one of the most premier gated communities and attracts homeowners from around the world. It is a complete residential community comprising a full service marina, 18-hole golf course, boutique hotel, clubhouse facilities and an international school. Real Estate opportunities include diverse luxury properties on the beach, canal waterways and golf course.
Average Home List Price: $5,885,577 | Average Days on Market: 326 *
Ocean Club Estates is the premier residential community on Paradise Island. It is surrounded on 3 sides by beautiful beaches and scenic Nassau Harbour. Approximately 200 properties surround the waterfront perimeter with a central artery of golf course homes and luxury waterfront condos. Property owners enjoy a great selection of amenity benefits including the beach clubhouse, 18-hole Tom Weiskopf golf course, gym and tennis courts at the One & Only Ocean Club and the many facilities at Atlantis.
Average Home List Price: $6,929,980 | Average Days on Market: 271 *
As the community matures, approximately 350 homes will complete Albany’s residential offerings, ranging from villas, beachfront estates, beachwalk and golf course custom homes, to equestrian ranchettes and Marina Residences encircling the mega-yacht marina. With further completion Albany is sure to climb our list.
4) Old Fort Bay
The Old Fort dates back to the late 1700’s and today serves as the community clubhouse and restaurant. The clubhouse itself sits perched on top of a ridge overlooking Nassau’s most beautiful beach while shaded by an enormously beautiful silk cotton tree. The community consists of canal islands, beachfront estates and Club Villas. Amenities include a gourmet restaurant, gym, small marina, tennis courts, beach facilities, playground and parks.
Average Home List Price: $3,859,140 | Average Days on Market: 240 *
Sandyport’s development website describes the community as “A gated community built in a single distinctive architectural style on a pedestrian scale. The result is a balance of style and nature that feels human and personal.” The community is located on the outskirts of Cable Beach and within close proximity to the international airport. Sandyport is very popular with expats moving to the Bahamas for their first time. It is more affordable than the first 4 on our list while still offering similar amenities and services.
Average Home List Price: $1,239,024 | Average Days on Market: 238 *
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