ERA Dupuch real estate links in Concierge Auctions
Fantasy island-like property on Paradise Island hits market at $12.25 million
NASSAU, BAHAMAS — In a land where fantasy properties seem to pop up everywhere, estate agent Adam Duncombe knows he is standing on the real thing — the last fantasy property available today on western Paradise Island.
He has just listed Beach Villa #3, the PI property that runs the full width of the island from harbor to ocean and features its own deep water dock capable of handling multiple vessels plus a megayacht up to 150 feet.
“The name Beach Villa #3 is so understated. This is truly a tycoon’s dream or a fantasy villa for someone who wants the seclusion of a private island but the comfort of knowing Starbucks is a healthy walk down the beach from their front door,” said Duncombe, an eight-year veteran with ERA Dupuch Real Estate who listed the $12.25 million Paradise Island estate and brought in the marketing prowess of Concierge Auctions for a quick turnaround.
When the online auction opens in February, Duncombe is confident it will draw active bidding.
“It’s a great buy for the price,” he said. “That’s not just a reflection of the value of the property. It’s a statement about the value of prime waterfront in the luxury real estate market of The Bahamas in 2022, and there is nothing like this offering on the market. It’s the last of the dream villas and the only one with all the dockage.”
According to Duncombe and others in luxury market sales, COVID-19 accelerated the demand for high-end property in secure, politically stable warm-weather climates.
“If people were working remotely or spending less time socializing and more time at home, they wanted the best home environment they could get and for those who could afford it, features and amenities outweighed cost considerations,” said Duncombe.
“There’s luxury and then there is extraordinary that sets a property apart from everything else like Beach Villa #3. It’s unlike any other listing on the market — the feel and security of a private island because it is accessible only by boat or foot. Yet a mile’s walk down the beach and you can get a Starbucks or enjoy a day at the Cove, Atlantis.”
The villa went live on the websites of ERA Dupuch Real Estate and Concierge last week and will be offered through an online bidding process for pre-qualified bidders between February 22 and 28.
The four-bedroom, four-and-a-half-bath, 5,250 square foot villa with oversized windows, private lap pool, magazine-cover-worthy kitchen and covered patios created for entertaining is the latest property in The Bahamas to be handled by Concierge in conjunction with a local broker.
