Commercial For Sale in Sandys - Real estate in Bermuda

Christies Sinclair Realty

Commercial For Sale in Sandys

Lantana, Sandys
Price: $16,900,000
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Location:
Sandys, Bermuda
Type:
Commercial
Availability:
Bermudian
Property Reference:
moura_1088-650 - #30545

Property Description

The stunning and sprawling former Lantana Cottage Colony is up for sale!The 9.73 acre Sandys property with sweeping views of the Great Sound and extensive waterfront is truly a gem of Bermuda. The gently terraced slope from the azure waters below takes you to the highest point with 360 degree views overlooking this most peaceful and private place. A vast, seclude estate borders the property to the west and the iconic Railway Trail, a National Park and treasure, to the north is perfect for hiking and biking through the island.Lantana, the Island’s first cottage colony, opened in 1958. In its prime, boasted extensive formal gardens, a croquet lawn, tennis courts and pool to compliment the highly desired Bermuda cottage lifestyle popular with locals and visitors alike.Now cleared, the land is a blank slate for developers. Many mature palms remain as well as an extensive dock and small private beach.The property is zoned for Tourism that allows for residential use. Permission from previous planning approvals include 28 hotel condominiums, 13 residences, a beach pavilion, pools and a clubhouse.Simply stated this is a unique opportunity to purchase one of the most charming  properties in Bermuda with rare boatable waterfront.Bermuda is a beautiful and safe destination with a straightforward  process to develop, having a sophisticated infrastructure and qualified business operators. The governing bodies have put their full support behind residential tourism and welcome investors and developers. With our team at Keller Williams, ready to give knowledgable guidance, this a development opportunity not to be missed.

Price: $16,900,000

Keller Williams Bermuda

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