He added that tax incentives traditionally were a draw for millionaires and billionaires from around the world. In addition to a 50-room hotel and rental cottages, its campus has a swimming pool, tennis courts, an 18-hole golf course, pro sports shops and a handful of restaurants. “There are about 450 homes in Lyford Cay, and there are only about 1,300 club members,” he said. In addition to more than 40 restaurants, bars and lounges, the complex includes brand-name dining establishments such as Cleo, which is known for its Mediterranean-inspired cuisine, and the Japanese restaurant Katsuya by Starck. 44 Very Merry Christmas Table Decorations, Ty Pennington Just Got His Own Show on HGTV, This Video Shows How to Wrap a Gift Without Tape, This content is created and maintained by a third party, and imported onto this page to help users provide their email addresses. Directly outside Lyford Cay’s gates, there are several restaurants. The ground floor is surrounded on three sides by a swimming pool, and the five-bedroom, five-bathroom house, which is on more than a half acre, was renovated in 2017 by the current owner. Lyford Cay, Old Fort Bay and Albany are a law unto themselves! He noted that over the last five years, the biggest price appreciation has been among beachfront properties. Since the neighborhood’s founding in the 1950s, the style of architecture has been British Colonial, which includes beach-friendly features such as sweeping verandas. “It’s really the centerpiece of the community and drives the social life,” Mr. Damianos said. Meanwhile, Baha Mar, an exclusive, mega-resort, is a 10-minute drive away from Lyford Cay. In general, there’s not a lot of inventory, especially on the beach, so buyers have to pay what sellers ask.”. Lucaya, which covers three beachfront lots totaling 3.9 acres, is on the market for $40 million. Lyford Cay Real Estate - Nassau. Search all Lyford Cay Real Estate Listings in the Bahamas below! Lyford Cay, which covers 1,000 gated acres on the western tip of New Providence Island, is bordered on the north and west by the Atlantic Ocean, on the south by Western Road and on the east by Western Road and the community of Old Fort Bay. The high-security Lyford Cay estate on New Providence, the most populous island in the Bahamas, is one of the world's richest enclaves. “When musicians are on tour, they sometimes offer these private concerts,” Mr. Christie said. Founded in 1948, the private school offers an international baccalaureate program to its nearly 600 students. House Beautiful participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. In 2009, the home was renovated and equipped with new wiring, plumbing, a kitchen, bathrooms, flooring in the entertaining spaces and new ceilings. “There was no damage whatsoever to Lyford Cay,” said Mr. Damianos. “It’s a very genteel club of refined, understated residents; it’s considered poor taste to be flashy.”. As an example, he cited a beachfront property that sold for $3 million in 1995 and recently brought $12 million. Although there are no architectural guidelines, any plans must be approved by the property owners association. In fact, very few of the owners of our principal resort properties live here at all. on a lot of 2.592 Acres and it's composed from 11 Bedrooms, 10 full baths The resort also has a trio of hotel towers—SLS Baha Mar, Grand Hyatt Baha Mar and Rosewood Baha Mar—and a variety of boutiques devoted to luxury brands such as Rolex and Cartier. “It’s a community with wide boulevards, large plots of land and big green spaces. Stay up to date with Mansion Global newsletters. Lyford Cay Real Estate Bahamas. He noted that one does not have to own property to become a club member, and that property ownership in and of itself doesn’t guarantee admittance. Windsor, a private co-ed boarding and day school for students ages 3 through 18, offers a Cambridge curriculum. DISCLAIMER: The currency conversion is provided for illustration purposes only. The property owners association has repaved all the roads and erected new entry gates.”, More: Bahamas Villa Heads to Auction, Starting at US$4 Million. Guarding Diana: Protecting the Princess Around the World, Althorp: A Peek at Princess Diana's Childhood Home, George Michael's Mansion Has Hit the Market, John Stamos's Calabasas Home is On The Market, Drew Barrymore's Former Home Is On the Market, Kylie Jenner’s "Starter Home" Is for Sale, Brad and Jen's Former Mansion is On the Market. It also has good food.”, More: A Balinese-Inspired Home in the Bahamas. Connery lives in the plush Lyford Cay neighbourhood on New Providence Island, surrounded on three sides by Clifton Bay and the Atlantic Ocean. “Over the last 15 years, there’s been quite a renaissance in home renovations,” he said, adding that the properties are set among mature trees. Mr. Christie, too, is optimistic about the future of the real estate market. He described the property as "a development that afforded a great deal of privacy, being part of a huge luxury complex, privately policed and spotlessly maintained." Sean Connery is lucky to be alive after Hurricane Dorian wreaked havoc on the Bahamas. Find unique places to stay with local hosts in 191 countries. It features a bar stocked with local and international beers. But there’s more interest in owning property here.”, He said that in the next five years, he expects “a bit of appreciation in prices but nothing crazy because prices are reasonably high now.”, Click for more profiles of high-end neighborhoods around the world, Shares the stories you may have missed from the world of luxury real estate, COPYRIGHT © 2020 MANSION GLOBAL. Lyford Cay is definitely a safer area to live in, but it is also extremely expensive and exclusive. “People are tearing down the old homes or expanding them. Sand Dollar, Lyford Cay, Lyford Cay, Nassau And Paradise Island Bahamas is a Single Family Homes for Sale for Price Upon Request. Noting that an estimated 45% of the residents make Lyford Cay their full-time home, Mr. Christie said the trend is growing. It is located at the end of a secluded lane and offers owners 180 feet of private beach frontage. The Bahamas' prestigious gated community of Lyford Cay offers luxury residential real estate in a private and exclusive area in the western end of New Providence. This three-level 5,740-square-foot modern villa, on the market for $5.5 million, was built in the 1970s by Jack Heinz, CEO of the ketchup company. “But the market slowed,” he said. In the heart of the community is the Lyford Cay Club, a meticulously appointed private retreat that lavishes attention and five-star amenities on … Webcams You can view all wind and weather webcams nearby Lyford Cay on the above map. We applaud the work and contributions of our current Executive Director, Felicity Humblestone, who will be transitioning out of this role on December 31, 2020. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. Windfinder specializes in wind, waves, tides and weather reports & forecasts for wind related sports like kitesurfing, windsurfing, surfing, sailing or paragliding. One of the world’s wealthiest and most exclusive neighborhoods, Lyford Cay was built on a large cay, or bank, on the Atlantic Ocean, creating an inner harbor for ocean-going yachts. This five-bedroom, six-and-a … More: After Devastating Destruction, Caribbean Looks To Rebuild. Every item on this page was hand-picked by a House Beautiful editor. It’s not a ripped jeans kind of place, it’s a Lilly Pulitzer kind of place.”. It has an eight-seat sushi bar and a cocktail lounge that has a celebrated wine list. Mansion, See Inside Matthew Perry's $6 Million Cottage, Priscilla Presley Is Selling Home for $16 Million, See Inside John Legend and Chrissy Teigen's Home, Kris Jenner Sold Her LA Home for $15 Million, The Iconic "Golden Girls" House Has Been Sold. If you're looking for a luxe beach property, look no further. NASSAU| BP is learning Dr. Nicola Virgill-Rolle will become the next Executive Director for Lyford Cay Foundations. The Swimming Pig, a locally owned establishment in Baha Mar, is a gastropub that has made a name for itself serving burgers, sandwiches, and island classics. Estate agent Nick Damianos, of Damianos Sotheby’s International Realty, said Lyford Cay’s social scene makes it the most special spot in the Bahamas. (Chub Cay and Spanish Wells included – but yinner ain’t seen that yet – NINE MONTHS in the COVID-19 pandemic). “You are expected to wear jackets to dinner, and if you’re flashy, it’s not for us.”. 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Its casino attracts people from around the world, Mr. Damianos said. Lyford Cay is a private gated community located on the western tip of New Providence Island in The Bahamas. “Geographically, it’s one of the nicest spots in the Bahamas. Mr. Christie added that although renovations are indeed occurring, residents are more often attracted to a property’s intrinsic value. St. Andrews International School, which is a 45-minute drive from Lyford Cay, enrolls students from pre-kindergarten through 12 grade. Despite all the nightlife options, residents frequently host concerts and events in their homes. “People come to Lyford Cay to get away from keeping up with the Joneses that goes on in other wealthy destinations. “People from all over the world and all different backgrounds mix,” he said. The private, nondenominational school for students in pre-kindergarten through 12 grade offers an international baccalaureate program. Lyford Cay, the oldest master-planned community in the Bahamas, is a very proper, old-world-style paradise that caters to those who desire the decorum of times gone by. Although there’s a seasonality about Lyford Cay, Mr. Damianos said the majority of the residents live in the community for a substantial period of the year. “I don’t anticipate that we will see acute 20% year-over-year price increases, but rather I expect we will continue our overall trend of steady appreciation of about 5% a year.”. He noted that during the global recession of 2009, prices in Lyford Cay didn’t drop. The economics of doing such a development today wouldn’t work.”, When Lyford Cay was built, the idea of a gated community was novel, Mr. Christie said, adding that it’s one of the oldest one in the world. Neighbors include Sean Connery and the Bacardi family, according to the listing. You may be able to find more information about this and similar content at piano.io, Live in a Slim Aarons Photo for $25 Million, John Lennon's Former NYC Penthouse Is for Sale, This 1970s Pink Time Capsule Home Is for Sale, Shaq's Orlando Mansion on Market for $19.5 Million, Justin Bieber Buys a New $26 Million L.A. Although Mr. Christie and Mr. Damianos declined to name any well-known residents, according to published reports actor Sean Connery, hedge fund billionaire Louis Bacon, Finnish-Canadian fashion executive Peter J. Nygård and Greek shipping tycoon George P. Livanos have homes in Lyford Cay. “That’s a pretty good increase,” he said. The only commercial entities on Lyford Cay are on the club’s campus and the office of Damianos Sotheby’s International Realty. The Board of Directors of the Lyford Cay Foundations announce the launch of an executive search to fill the position of Executive Director, Lyford Cay Foundations. Sean Connery calls himself “lucky” to have survived Hurricane Dorian as it raged through the Bahamas, where the 89-year-old James Bond actor lives. Specializing in the sale and rental of residential real estate throughout exclusive Lyford Cay. The home served as a vacation spot for Princess Diana and her sons William and Harry in the late '80s, according to the listing. OUR NON-PROFIT SCHOOL spends over 84% of tuition dollars, or about $7m dollars, on teaching and learning each year. It is a seven-minute drive from Lyford Cay. View are wonderful selection of Lyford Cay Property for sale as well as numerous Lyford Cay Villa Rentals.. Lyford Cay is a world-renowned Bahamas gated community located on the western tip of New Providence Island, Bahamas. Was built in , has 6,667 Sq.Ft. However, it still retains much of its original charm—we adore the beige-colored shaker-style kitchen. It’s beautifully manicured, and as far as social life, the atmosphere is traditional old-world country club similar to Palm Beach. More: A Canal-Side Vacation Home in the Bahamas. Mr. Damianos said that the original houses, built by wealthy owners before Nassau became an international destination, were modest compared with what is considered luxurious today. Enrollment has grown so much that the school is building a second campus to hold only its high school students. There is only one school in the community: Lyford Cay International School, founded in 1962, is right inside the neighborhood’s gates. Another restaurant in The Island House, Mahogany House, whose interior in appointed with features made of that wood, serves Italian-Mediterranean fare and bills itself as “somewhere that you can either grab a pizza and beer in flip-flops or a classic Bordeaux in Brioni.”. He noted that through the years, prices have climbed. In terms of coming with him and living with him, you will need to determine that yourselves. “Lyford Cay is a long-established community that tends to withstand drastic price fluctuations,” he said. Captain Lyford also received a 92-acre grant on Cat Island, Bahamas for playing a key role in Andrew Deveaux’s raid of mid-April 1783 that drove the Spani… “There’s nothing else like the Lyford Cay Club in the Bahamas,” Mr. Damianos said, adding members are not allowed to bring cellphones on the premises or discuss or conduct business while on club property. We may earn commission on some of the items you choose to buy. It was there, in … The cost of living in Lyford Cay is extremely high. “At that time, it was in a remote part of the island and it was before Nassau became an international destination,” Mr. Damianos said. Entrance to this private 1,000 acre community is through 24 hour operated gates. The Board made the announcement this afternoon via a press statement. “It’s not about having the newest or the chicest house,” he said. Maybe in Lyford Cay, a private gated community on the western tip of New Providence Island in the Bahamas? Noting that prices in the Bahamas in general and Lyford Cay in particular follow the U.S. and world economies, Mr. Damianos said that those ups and downs aside, he forecasts a positive future for the community over the next five years. Insofar as the study suggests that the Lyford Cay community itself, with its hordes of Filipino, Haitian and Latin American domestic workers, is a major center of middle-class employment for Bahamians, then it … “Very few of the properties are financed, and nobody sold during that down time. People come here to have a good time.”, More: Private Islands of Late ‘King of Coal’ Billionaire Chris Cline Ask $29.9 Million. Neighbors include Sean Connery and the Bacardi family, according to the listing. 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