“Wholesale liquidation” imminent, investor confidence at risk . Click to read more Bahamas luxury real estate news. “It’s not about having the newest or the chicest house,” he said. 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. 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 … on a lot of 2.592 Acres and it's composed from 11 Bedrooms, 10 full baths “People are tearing down the old homes or expanding them. More than half of our staff have master's or doctorate degrees and the investment in top quality education is proven by student results. “But you have to take into account that the Bahamas was being rediscovered in 1995, so we won’t get that kind of appreciation now. Windsor, a private co-ed boarding and day school for students ages 3 through 18, offers a Cambridge curriculum. “The dishes are really creative,” Mr. Damianos said. It is located at the end of a secluded lane and offers owners 180 feet of private beach frontage. 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. Lyford Cay Doctor WARNS that community spread by new arrivals have begun! Mr. Damianos said that the majority of residents are from the Northeast U.S., notably New York, Connecticut and New Jersey, as well as from Toronto, elsewhere in Canada, England, France and Switzerland. “People come to Lyford Cay to get away from keeping up with the Joneses that goes on in other wealthy destinations. “It’s old-school Wimbledon,” he said. He added that tax incentives traditionally were a draw for millionaires and billionaires from around the world. Webcams You can view all wind and weather webcams nearby Lyford Cay on the above map. “The storm was more than 100 miles away, and Lyford Cay experienced winds of about 40 mph.”. Dec 12, 2020 - Rent from people in Lyford Cay, Nassau, The Bahamas from $20/night. 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. Despite all the nightlife options, residents frequently host concerts and events in their homes. It also has good food.”, More: A Balinese-Inspired Home in the Bahamas. In fact, very few of the owners of our principal resort properties live here at all. Lyford Cay is one of the Bahamas's most elite and private communities. Lyford Cay escaped the wrath of Hurricane Dorian, which devastated other islands of the Bahamas when it struck in September. “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. Maybe in Lyford Cay, a private gated community on the western tip of New Providence Island in the Bahamas? One of the Caribbean's most elegant and exclusive enclaves, Lyford Cay, located on the western edge of New Providence Island in The Bahamas, has served as a refuge for global leaders, international luminaries, and royal families for more than half a century. “There was no damage whatsoever to Lyford Cay,” said Mr. Damianos. The club offers a variety of unparalleled members-only amenities that attract an international crowd. Neighbors include Sean Connery and the Bacardi family, according to the listing. “Five years ago, vacant parcels of beachfront land were selling for US$50,000 to US$70,000 per beachfront foot, while today beachfront lots are selling for between US$80,000 and US$100,000 per beachfront foot,” he said. “You are expected to wear jackets to dinner, and if you’re flashy, it’s not for us.”. These days Connery—who became Sir Sean in 2000—lives quietly with Lady Connery in Lyford Cay in the Bahamas where he is getting ready to … “It’s a very genteel club of refined, understated residents; it’s considered poor taste to be flashy.”. From Penta: Original Olympic Games Manifesto Brings in $8.8 Million, a World Record for Sports Memorabilia. He noted that during the global recession of 2009, prices in Lyford Cay didn’t drop. Life in Lyford Cay revolves around the uber-exclusive Lyford Cay Club. Lyford Cay is definitely a safer area to live in, but it is also extremely expensive and exclusive. Lyford Cay is a gated community in Nassau. Directly outside Lyford Cay’s gates, there are several restaurants. Windfinder specializes in wind, waves, tides and weather reports & forecasts for wind related sports like kitesurfing, windsurfing, surfing, sailing or paragliding. The cost of living in Lyford Cay is extremely high. “People from all over the world and all different backgrounds mix,” 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 … However, it still retains much of its original charm—we adore the beige-colored shaker-style kitchen. It was there, in … Fuel, electricity, water/ice, complete shopping center near marina, telephone with cable TV hook-ups 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. Each bedroom also offers a generous view of the powdery beach. People come here to have a good time.”, More: Private Islands of Late ‘King of Coal’ Billionaire Chris Cline Ask $29.9 Million. Kelly is the News Writer at House Beautiful where she covers a little bit of everything ranging from decorating trends and must-have products, to anything that includes doughnuts or glitter. The private, nondenominational school for students in pre-kindergarten through 12 grade offers an international baccalaureate program. 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. Noting that an estimated 45% of the residents make Lyford Cay their full-time home, Mr. Christie said the trend is growing. “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. 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. 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. Its casino attracts people from around the world, Mr. Damianos said. 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." Search all Lyford Cay Real Estate Listings in the Bahamas below! 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. John Christie, president and managing broker for HG Christie-Christie's International Real Estate and Sir Harold’s great-nephew, said that the community takes pride in its clubby character. As an example, he cited a beachfront property that sold for $3 million in 1995 and recently brought $12 million. 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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. 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. St. Andrews International School, which is a 45-minute drive from Lyford Cay, enrolls students from pre-kindergarten through 12 grade. “At that time, it was in a remote part of the island and it was before Nassau became an international destination,” Mr. Damianos said. Every item on this page was hand-picked by a House Beautiful editor. 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 not a ripped jeans kind of place, it’s a Lilly Pulitzer kind of place.”. 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… 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. All property prices are as stated by the listing agent. It features a bar stocked with local and international beers. “It’s really the centerpiece of the community and drives the social life,” Mr. Damianos said. 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. Although there are no architectural guidelines, any plans must be approved by the property owners association. The home was designed by architect Happy Ward and built in 1969. There is only one school in the community: Lyford Cay International School, founded in 1962, is right inside the neighborhood’s gates. The home includes 180 feet of private beachfront. Although a proud Scotsman Sir Sean Connery has taken up residence in sunnier (and more tax-friendly) places, most notably in the Bahamas. In terms of coming with him and living with him, you will need to determine that yourselves. “There is no income tax and no capital-gains tax,” he said. “These are intimate events, but they are more expensive than the public performances.”. Foreign homeowners in the ultra-exclusive Lyford Cay community in western New Providence are threatening to sell their properties and leave The Bahamas over government’s recently enacted amendments to the Real Property Tax Act, according to a letter to government from the property owners association. Founded in 1948, the private school offers an international baccalaureate program to its nearly 600 students. 9 Lyford Cay; Nassau/New Providence, Bahamas ; $3,995,000 USD 4 Beds, 5 Bath, 4570 , 0.09 Acres Residential; This recently built 4 bedroom, 4.5 bathroom townhouse overlooks the Lyford Cay Marina and has been fully furnished to provide an immaculate turnkey home. Nygard’s home in Lyford Cay, Bahamas, featured fake volcanos spouting dry ice, an underground cave housing 30 cars and an indoor pool with … Lyford Cay Real Estate - Nassau. 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. Sean Connery is lucky to be alive after Hurricane Dorian wreaked havoc on the Bahamas. More: After Devastating Destruction, Caribbean Looks To Rebuild. He noted that over the last five years, the biggest price appreciation has been among beachfront properties. Lyford Cay Sotheby's International Realty is a division of Damianos Sotheby's International Realty which has offices throughout The Bahamas Islands, giving Lyford Cay Sotheby's International Realty more reach, visibility, and influence, than any other … 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.”. If you're looking for a luxe beach property, look no further. Joe Lewis (British businessman) - British billionaire (347th richest person on Forbes list of billionaires), owns a property in Lyford Cay Terry Manning - American record producer, operator of Compass Point Studios Tim McGraw and Faith Hill - own private island Shakira Mebarak It is a seven-minute drive from Lyford Cay. 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. Connery lives in the plush Lyford Cay neighbourhood on New Providence Island, surrounded on three sides by Clifton Bay and the Atlantic Ocean. So are Island Brothers & Cie, a French bistro restaurant and bar; The Island Store, which sells furniture and home accessories; Marcie Bond, which offers women’s resort clothing; and Sabrina, which stocks women’s casual wear, jewelry, scarves and hats. Nobody cares what other people do for a living or what their social status is. More: $85 Million Private Island in the Bahamas Hits Market. Felicity Humblestone, a Canadian Lyford Cay Scholar, has been named Executive Director of Lyford Cay Foundation and is focused on upholding the Foundations’ legacy of impact in education in The Bahamas. 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. Sand Dollar, Lyford Cay, Lyford Cay, Nassau And Paradise Island Bahamas is a Single Family Homes for Sale for Price Upon Request. The high-security Lyford Cay estate on New Providence, the most populous island in the Bahamas, is one of the world's richest enclaves. Rights RESERVED.1211 AVE of the powdery beach that through the years, the.. Said the trend is growing ( Chub Cay and Spanish Wells included – but yinner ain t... 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