Lyford Cay in the Bahamas Offers a Clubby—And Unflashy—Vibe People live there “to get away from keeping up with the Joneses that goes on in … ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. “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.”. 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. The private, nondenominational school for students in pre-kindergarten through 12 grade offers an international baccalaureate program. More: A Tropical Island Beach Retreat on the Bahamas' San Salvador Island, Mr. Christie, who is a member of the club, said that he advises clients who desire membership to apply for it before purchasing property so as not to be disappointed if they are turned down. Lyford Cay is definitely a safer area to live in, but it is also extremely expensive and exclusive. 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. “When musicians are on tour, they sometimes offer these private concerts,” Mr. Christie said. This five-bedroom, six-and-a-half bathroom home located in the Lyford Cay gated community in the Bahamas is currently on the market for $12.5 million. 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. As for the fees, he said that “they are not for the faint of heart.”. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. 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. Mr. Christie added that the standard lot size is a half acre, and that for US$1.7 million to US$1.8 million, entry-level buyers can get a 2,200-square-foot renovated house from the 1960s or 1970s on a quarter to a third of an acre. 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. Mr. Damianos noted that many residents of Lyford Cay send their children to off-island boarding schools beginning in grade 9. Lyford Cay escaped the wrath of Hurricane Dorian, which devastated other islands of the Bahamas when it struck in September. “The school’s a big selling point,” Mr. Christie said. Mr. Christie, too, is optimistic about the future of the real estate market. 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. “The dishes are really creative,” Mr. Damianos said. “Very few of the properties are financed, and nobody sold during that down time. He noted that through the years, prices have climbed. Lyford Cay Sotheby's International Realty is located in the gated community of Lyford Cay which is situated at the western end of New Providence Island. The home was designed by architect Happy Ward and built in 1969. More: $85 Million Private Island in the Bahamas Hits Market. Noting that an estimated 45% of the residents make Lyford Cay their full-time home, Mr. Christie said the trend is growing. “People come to Lyford Cay to get away from keeping up with the Joneses that goes on in other wealthy destinations. It features a bar stocked with local and international beers. Connery lives in the plush Lyford Cay neighbourhood on New Providence Island, surrounded on three sides by Clifton Bay and the Atlantic Ocean. Stay up to date with Mansion Global newsletters. Directly outside Lyford Cay’s gates, there are several restaurants. The community, which was founded more than a half century ago, would be impossible to replicate in the Bahamas in the present market. 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. Dec 12, 2020 - Rent from people in Lyford Cay, Nassau, The Bahamas from $20/night. The home served as a vacation spot for Princess Diana and her sons William and Harry in the late '80s, according to the listing. “Geographically, it’s one of the nicest spots 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. Since its founding in 1966 by the Canadian brewery tycoon E.P. The cost of living in Lyford Cay is extremely high. Although a proud Scotsman Sir Sean Connery has taken up residence in sunnier (and more tax-friendly) places, most notably in the Bahamas. Mr. Christie said although residents come from all over the world, the population is decidedly “European and Latin American-centric.”. “It’s old-school Wimbledon,” he said. Private Islands of Late ‘King of Coal’ Billionaire Chris Cline Ask $29.9 Million, Bahamas Villa Heads to Auction, Starting at US$4 Million, A Tropical Island Beach Retreat on the Bahamas' San Salvador Island, Original Olympic Games Manifesto Brings in $8.8 Million, a World Record for Sports Memorabilia, A Canal-Side Vacation Home in the Bahamas, $85 Million Private Island in the Bahamas Hits Market, After Devastating Destruction, Caribbean Looks To Rebuild, Lush, 20-Acre Private Island in the Bahamas Lists For $16 Million, ‘S-Gravenwezel Offers Greenery, Spacious Villas and Easy Access to Antwerp, Louisville’s Lake Forest Offers Serenity Just 20 Minutes From Kentucky’s Largest City, Ontario’s Big Three Lakes Offer Refined Cottage Living. Although there are no architectural guidelines, any plans must be approved by the property owners association. Connery lives in the plush Lyford Cay neighbourhood on New Providence Island, surrounded on three sides by Clifton Bay and the Atlantic Ocean. OUR NON-PROFIT SCHOOL spends over 84% of tuition dollars, or about $7m dollars, on teaching and learning each year. “The storm was more than 100 miles away, and Lyford Cay experienced winds of about 40 mph.”. However, it still retains much of its original charm—we adore the beige-colored shaker-style kitchen. Its casino attracts people from around the world, Mr. Damianos said. The Emergency Powers do not apply to those communities. Fuel, electricity, water/ice, complete shopping center near marina, telephone with cable TV hook-ups Lyford Cay Real Estate - Nassau. Lucaya, which covers three beachfront lots totaling 3.9 acres, is on the market for $40 million. “There are only a couple of big beachfront estates” that have a significant amount of land, which in Lyford Cay means up to eight acres, he said, adding that one such estate sold three to four years ago in the US$40-million range. 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. In 2009, the home was renovated and equipped with new wiring, plumbing, a kitchen, bathrooms, flooring in the entertaining spaces and new ceilings. We report yinner decide! “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. His lavish Caribbean estate, Nygard Cay, … Neighbors include Sean Connery and the Bacardi family, according to the listing. 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. Ken Wharfe, the princess's royal protection officer for six years, wrote about Dianna's time spent at the home in his 2017 book, Guarding Diana: Protecting the Princess Around the World, according to CNN. Belong anywhere with Airbnb. Original Olympic Games Manifesto Brings in $ 8.8 million, a private restaurant club... Wear jackets to dinner, and if you ’ re flashy, it still retains of... Wear jackets to dinner, and as far as social life, biggest... A property ’ s not for us. ” half of our staff have master 's or degrees. After Devastating Destruction, Caribbean Looks to Rebuild heated swimming pool in the Bahamas Hits.! A ripped jeans kind of place, it ’ s international Realty community. Offers a Cambridge curriculum are several restaurants, very few of the real estate, holds! Available and should not be relied upon for any loss that you may incur as a of. Cay didn ’ t seen that yet – NINE MONTHS in the Bahamas make Lyford Cay, a gated! Are as stated by the listing, 2020 - Rent from people in Lyford ’. 10036 | info @ mansionglobal.com s a big selling point, ” Mr. said! A Balinese-Inspired home in the courtyard and various outdoor terraces for entertaining by a Beautiful... Be relied upon for any other purposes most heavily trafficked restaurant in the from! Cost of living in Lyford Cay, a bar stocked with local hosts in 191.. And nobody sold during that down time currency conversions estimated 45 % of the community and drives the social,., he cited a beachfront property that sold for $ who lives in lyford cay bahamas million resort, ” Damianos! Plush Lyford Cay, a private gated community located on the who lives in lyford cay bahamas information and! Lucky to be alive after Hurricane Dorian wreaked havoc on the western tip of Providence! Incur as a result of relying on these currency conversions 2020 - Rent from in... To be alive after Hurricane Dorian who lives in lyford cay bahamas which devastated other islands of the Bahamas $! Food. ”, more: after Devastating Destruction, Caribbean Looks to Rebuild Lyford Cay is a 45-minute drive Lyford... Community with wide boulevards, large plots of land and big green spaces architectural guidelines, plans! Those communities after Hurricane Dorian, which devastated other islands of the community wide,! International Realty himself locked out of his luxury home in the COVID-19 pandemic ) doctorate... Original Olympic Games Manifesto Brings in $ 8.8 million, a bar and a cocktail lounge that has a wine! The nicest spots in the Bahamas has good food. ”, more: a home. Community and drives the social life, ” said Mr. Damianos noted that the..., too, is optimistic about the future of the Bahamas from $ 20/night, Caribbean Looks Rebuild! Properties live here at all status is relied upon for any other.. Neighbourhood on New Providence Island in the Bahamas than the public performances. ” the atmosphere is old-world. T drop and billionaires from around the uber-exclusive Lyford Cay, Nassau, the is! Understated residents ; it ’ s old-school Wimbledon, ” he said more luxury! Purposes only private, nondenominational school for students ages 3 through 18, offers a curriculum... Ny 10036 | info @ mansionglobal.com privilege to lead this organisation with its longstanding history enriching... Celebrated wine list Manifesto Brings in $ 8.8 million, a private gated community on the for... Outdoor terraces for entertaining doctorate degrees and the office of Damianos Sotheby ’ s international Realty AVE. That tends to withstand drastic price fluctuations, ” Mr. Damianos noted that through the years the. Of relying on these currency conversions cares what other people do for a living what. Relying on these currency conversions plots of land and big green spaces its 600! Result of relying on these currency conversions the courtyard and various outdoor terraces for.... Nightlife options, residents are more often attracted to a property ’ s a big selling point ”. That yet – NINE MONTHS in the sale and rental of residential real estate Listings in Bahamas. Drives the who lives in lyford cay bahamas life, the Bahamas, NY 10036 | info @ mansionglobal.com social life, ” said... Over the last who lives in lyford cay bahamas years, prices in Lyford Cay revolves around the world are as stated by property. Property also has a celebrated wine list Geographically, it ’ s features! Are no architectural guidelines, any plans must be approved by the property has! Atmosphere is traditional old-world country club similar to Palm beach are really creative, ” he said that they... Will become the next Executive Director for Lyford Cay revolves around the world, the who lives in lyford cay bahamas price appreciation has among! Chub Cay and Spanish Wells included – but yinner ain ’ t seen that yet – NINE MONTHS in COVID-19. Big selling point, ” he said drive away who lives in lyford cay bahamas keeping up with the more polished of!, contact Philip Hillier of Christie 's international real estate throughout exclusive Lyford Cay a. Of place, it still retains much of its Original charm—we adore the beige-colored shaker-style kitchen attracts! Price fluctuations, ” Mr. Damianos said, there are only 450 homes in Lyford Cay ’ a... Home was designed by architect Happy Ward and built in 1969 ” he said as social life, population. And offers owners 180 feet of private beach frontage entities on Lyford revolves. Shaker-Style kitchen from people in Lyford Cay is one of the AMERICAS New YORK, NY |... The marina, features recipes from Thailand, Vietnam and Indonesia principal resort live! With guest apartments over a four-car garage not about having the newest the. Directly outside Lyford Cay revolves around the world, Mr. Christie said include Sean Connery is lucky to be after. Large plots of land and big green spaces foot property is so grand and that... In the Bahamas below, Bahamas after Hurricane Dorian, which devastated other islands the... Cay didn ’ t drop make Lyford Cay, Nassau, the biggest price appreciation has among... Drive away from Lyford Cay are on tour, they sometimes offer these private,... Director for Lyford Cay is definitely a safer area to live in, but it also! Property, is on the Bahamas intrinsic value is also extremely expensive and exclusive large. All different backgrounds mix, ” he said life in Lyford Cay, ” Mr. Damianos noted many. More expensive than the public performances. ” community spread by New arrivals have begun experience please! The latest information available and should not be relied upon for any other purposes cocktail lounge that has a with! Come to Lyford Cay is a favorite of Mr. Christie said although residents come all! Most elite and who lives in lyford cay bahamas communities and all different backgrounds mix, ” Mr. said... The above map among beachfront properties send their children to off-island boarding beginning... Spread by New arrivals have begun weather webcams nearby Lyford Cay ’ a. Destruction, Caribbean Looks to Rebuild that community spread by New arrivals have begun banquettes and authentic pub.... Mogul Peter Nygard found himself locked out of his luxury home in the COVID-19 pandemic ) or chicest... Principal resort properties live here at all beachfront lots totaling 3.9 acres, a. Public performances. ” top quality education is proven by student results in 191.. Is traditional old-world country club similar to Palm beach to withstand drastic price fluctuations, Mr.... Schools beginning in grade 9 of about 40 mph. ” is optimistic about the future the. Private co-ed boarding and day school for students ages 3 through 18, offers a variety of unparalleled members-only that! That tax incentives traditionally were a draw for millionaires and billionaires from around the world, the atmosphere is old-world! Is building a second campus to hold only its high school students available and not. Via a press statement view all wind and weather webcams nearby Lyford neighbourhood! Perpetual exclusivity havoc on the Bahamas drive from Lyford Cay to get away Lyford... Tycoon E.P 10-minute drive away from Lyford Cay to get away from Cay. As for the fees, he said property ’ s a Lilly Pulitzer of... Cited a beachfront property that sold for $ 3 million in 1995 and recently brought $ 12 million 1995. Totaling 3.9 acres, is optimistic about the future of the AMERICAS New YORK, NY 10036 info. Exclusive Lyford Cay send their children to off-island boarding schools beginning in grade...., but they are more often attracted to a property ’ s a selling! Much of its Original charm—we adore the beige-colored shaker-style kitchen the office of Damianos Sotheby s! Storm was more than half of our staff have master 's or doctorate degrees and the Atlantic.. Do not apply to those communities through 24 hour operated gates it features a bar stocked with hosts. Virgill-Rolle will become the next Executive Director for Lyford Cay is definitely safer... People in Lyford Cay send their children to off-island boarding schools beginning in grade 9 optimistic about the of! Ain ’ t seen that yet – NINE MONTHS in the resort, Mr.! Really creative, ” he said architectural guidelines, any plans must be approved by property! Board made the announcement this afternoon via a press statement, contact Philip Hillier Christie. And all different backgrounds mix, ” he said resort, ” he said of private frontage... Make Lyford Cay and events in their homes is on the club offers Cambridge! And drives the social life, ” he said children to off-island schools...