You know the dream: to own your own private villa on a world class beach, and 520 Grace Bay endeavors to fulfill this dream with its boutique collection of secure, managed luxury villas located directly on Grace Bay, the world’s #1 ranked beach. 520 West consists of four luxury villas from three-to-six bedrooms starting at 5.27 million. For those who desire even more space and frontage, 520 East consists of three larger, luxury villas with greater beach frontage, from five-to-eight bedrooms. These two-story COAST Architects designs, each with open living plan, generous indoor and expansive outdoor spaces, private pool, and multiple oceanfront bedrooms, are just perfect for living an idyllic island lifestyle. The designs feature a prominence on outdoor living focusing around a signature ocean front pool and sunken fire pit, BBQ area and optional outdoor bar and hot tub, all on quintessential Grace Bay. Another focal point is the courtyard and water feature along the entrance foyer and hall located between the great room and main level bedroom.
States Canadian developer Chris Kayat, co-founder and Vice Chairman of Dominion Lending Centres (DLC):
“My wife Kristy and I fell in love with this pristine Grace Bay site a few years ago with the aim of building a villa for ourselves on part of it. We have seen the market trend towards the managed villa enclaves and thought it would be perfect for our 520’ and more than 4-acre site. We have assembled a great team led by COAST Architects, Mark Parrish of Concept Plus project management, and Richard Sankar and Joe Zahm of Turks & Caicos Sotheby’s international Realty. We value simple, unpretentious, open luxury with an emphasis on outdoor space and amenities and believe 520 Grace Bay delivers on our core values.”
Grant Noble, former General Manager of Seven Stars and Parrot Cay and owner of Island House Luxury Villa Management continues:
"We are excited to add the 520 Grace Bay collection of luxury villas to our bespoke and uber-luxury portfolio. We have set up a lower cost management structure to owners without compromising owner and guest experience consistent with the luxury without pretense ethos. We are also happy to welcome long time friend and colleague and former Grace Bay Resorts executive Monique Luis as a principal in Island House Luxury Villa Management."
Adds Turks & Caicos Sotheby’s International Realty Broker, Richard Sankar:
“Since COVID-19, we have seen significant and well-documented demand for luxury beachfront villas. We are very pleased to be working with Chris and Kristy along with their great team to present a highly desirable development to the market, in the context that available beachfront villas and buildable land are extremely scarce. We love the site, concept and design and believe the project is a real winner. With few beachfront options to choose from, this offering is sure to resonate with the surge for high-quality beachfront homes. The site has mostly been cleared with the seven 520 Grace Bay Villa sites staked out. With the festive season upon us, the timing and market conditions are perfect for 520 Grace Bay.”
520 provides an HOA (Home Owner’s Association) for common areas, security and on-site hospitality and fitness center.
Residential options include hot tub, fire pit, outdoor bar, beach deck, gazebo, solar integration, courtyard plunge pool, garage and guest house on select lots.
For further detail contact your local real estate agent or the listing agents.
