East Russell Island – 16.48 Acres

Potential for Development

 

Easily accessible via private drive on the east end of Russell Island, this 16.4-acre property boasts panoramic views of the crystal-clear Bahamian waters for which Russell Island is famous. With 2,600 feet of shoreline and a well-protected harbour on the north side, this property offers significant potential for development into a boutique resort and marina which would make it the only resort on Russell Island. This harbour front location also means that every boat entering Spanish Wells from the main entrance passes this property, making it highly visible to locals and visitors alike. The property’s proximity to the North Eleuthera Airport (ELH), which is about 20 minutes away by boat or ferry, is another valuable asset as it will allow future property owners to readily draw upon the high rate of tourists that arrive by plane. Additionally, the island only a short 40 miles from Nassau. The neighbouring island of Spanish Wells is the fishing capital of The Bahamas and offers a variety of amenities including a well-stocked grocery store, a bank and ATMs, restaurants, bars and marine supply stores. 

Located off the northern tip of Eleuthera, Spanish Wells and Russell Island are known for their shallow white sand beaches which make it ideal for wading and swimming for families with small children. The flight from Nassau to the North Eleuthera Airport (ELH) is about 20 minutes. Frequent domestic and international service is available and chartered air can be arranged through any certified carrier.

 

Features and Details

  • MLS ID: 39427 
  • Property ID: YPK6ZX 
  • Region - Country: Caribbean 
  • Island: Bahamas 
  • Locale: Eleuthera-Spanish Wells 
  • Listing: For Sale 
  • Property: Land 
  • Furnished: No 
  • Lot Size: 16.48 Acres 
  • Price: 2,490,000 
  • Currency: BSD 
  • Location: Beach Nearby, Oceanfront, Ocean view, Water Access, Waterfront, Water view 
  • Agency Name:: Damianos Sotheby's International Realty 
  • Agent Name:: Darrin Sands 
  • Telephone: 242.333.4590 
  • Mobile: 242.557.7071