Perched on Gibb’s Hill sits ‘Papillon’, a beautiful family home with 2 income producing apartments, ample garden space and sweeping views over the Great Sound. A private entrance leads to the main house, which features 3 bedrooms, 2.5 bathrooms, a recently renovated kitchen outfitted with stainless steel appliances and large breakfast counter. The high ceilings and large windows allow for abundant light to fill the flowing layout of the kitchen, dining room and living room. The spacious primary bedroom features an ensuite bathroom and a patio overlooking the ocean. A separate driveway leads to the lower apartments. Each have 2 bedrooms and spacious living areas and open onto the massive back yard that also shares sweeping water views. Situated on .63 of an acre, there is abundant space for children to play and for gardening enthusiasts to cultivate gardens or even grow vegetables. A mature avocado tree at the front of the property bears avocados and provides shade for outdoor activities. The house has solar panels, significantly reducing electricity bills and features a well to offset water consumption. There are many opportunities to modify the property. There is a room on the lower level currently used for storage that could be incorporated as a third bedroom in either of the apartments, increasing rental return. Alternatively, it could be incorporated into the main house as a games/media room. The large grassy yard overlooking the ocean makes for the perfect spot for a pool and/or deck. Located in a sought-after neighborhood just minutes from Gibb’s Hill Lighthouse and Tamarind restaurant, Church Bay, Henry VIII, and The Reefs, Papillon is the perfect house to raise a growing family.
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 5.25%, 30% deposit over a 25 year period.