A Lavish $15.8 Million Oceanfront Mansion in the Bahamas is Headed to the Market – Barron’s

This mansion in the Bahamas is about to hit the market. BRETT DAVIS PHOTOGRAPHY, COURTESY CORCORAN CA CHRISTIE BAHAMAS

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A lavish Venetian-style mansion nestled alongside the glistening waters of the Bahamas is headed to the market for $15.8 millionand offers are being accepted in cash and cryptocurrency alike.

The home, part of a prestigious gated community and with views of Nassau Harbor, will be listed later on Monday with Gavin Christie of Corcoran CA Christie Bahamas.

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Its a magnificent property, Mr. Christie told Mansion Global. It has this very grand feel, even before you hit the front door. Youre met by this very long driveway, it almost feels like youre going to a palace.

Then you have these very large, double mahogany doors, and when you open the double doors, its just a jaw dropping, breathtaking view. Youre looking straight out into the harbor, he added.

Along with those 15-feet-high statement double doors, the four-bedroom home boasts cathedral ceilings, huge Palladian-style windows, custom chandeliers, an oversized pool and spa, and two private guest cottages.

Mansion Global couldnt identify the seller of the home.

The ocean vistas from the home are one of the propertys foremost selling points. As is its enviable position alongside the ocean and private marina, according to Mr. Christie.

Were a boating destination, he said. We have boaters and yachters come from all over the world to spend time in our water. To have a home that sits on it, its next to none.

With those amenities on offer, Mr. Christie is anticipating demand from potential buyers within the yachting world.

As it stands, [the marina] can accommodate up to about a 120-foot yacht, thats kind of the average size of boats that are coming to the Bahamas. Were anticipating a lot of interest out of that community, he said.

And with the option to transact using cryptocurrency, Mr. Christie suspects further interest may stem from individuals within the crypto space, he said.

The residence is within the islands exclusive Ocean Club Estates, which is home to an 18-hole championship golf course, tennis courts and a private beach club. There are roughly 122 single-family homes and 88 condos in the enclave, according to Mr. Christie.

They are all very, very high end and price points in the neighborhood would normally start at $6 million or $7 million, and go up to about $40 million, give or take, he said. With Covid, its the first time in 40-plus years that our market has been this strong. Were seeing numbers weve not seen in the history of the Bahamas.

This article first appeared on Mansion Global.

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A Lavish $15.8 Million Oceanfront Mansion in the Bahamas is Headed to the Market - Barron's