Land For Sale in St. Georges - Real estate in Bermuda

Property Description

A rare dual-property opportunity to acquire two complementary parcels in one of Bermuda's most peaceful and historically rich coastal environments. Whether you are an investor, a developer, or a buyer seeking long-term land security, this option to pairing offers unmatched flexibility and future upside. Lot 1 is a 0.31 acre waterfront lot ($490,000) at 1 Dolly's Bay Road. This shovel ready lot is zoned Residential 1 with approved plans for a floating dock with a 21-year foreshore license included. Lot 2 ($300,000) is an elevated 0.46 acre lot 31 on Smiths Island zoned Rural with a small portion overlay of some Woodland Reserve and Agricultural Reserve. Smiths Island is undergoing gradual revitalization, making early acquisition strategic. This combination purchase would serve well and ideal for a main land rental villa, private residence, or mixed use development on the quiet protected waters with easy access to Smiths Island. Dual-lot ownership creates flexibility for rental income, private use, or future resale since boating waterfront is a diminishing commodity. Purchase either one of them individually or both as a package deal for a savings of $40,000 off the total combined price. Either lot is perfect for land banking in Bermuda's shrinking inventory environment. Lot 1 = $490,000, Lot 2 = $300,000 or both for $750,000