Banks Road

Located on the beach in North Palmetto Point, a rare 4.347-acre parcel with nearly 420 feet of ocean frontage is now available. The property is ideal for an individual homestead or multiple rental villas, as subdivision approval has already been granted. This quiet, expansive, elevated lot offers unobstructed and exquisite ocean views, providing an outstanding setting for private enjoyment or investment. There will be quick and easy access to the beach on the north-west corner of the property, and as the elevation increases, the views become even more stunning. The beach, a mixture of sand and stone in this immediate area, provides long walks for several miles in either direction. An acreage of extraordinary natural beauty, it is located on Banks Road close to the pretty local settlement of North Palmetto Point and is surrounded by untouched native coppice, thatch palms, buttonwood, coconut trees, almond trees, and a variety of flowering plants and bushes. Most of the properties in this area are larger parcels of developed land, offering privacy and tranquility. In addition, this desirable property has underground utilities, concrete walls, and a well, providing a blank canvas for the purchaser. Only a 10-minute drive to the quaint island capital of Governors Harbour with its shops, cafes, and restaurants, the iconic Tippys restaurant is just to the north on the Banks Road, as well as the new and exclusive Potlatch Club. This is a very special property with a motivated seller, best seen in person to be fully appreciated. With beachfront and waterfront properties selling very rapidly on Eleuthera, it is an excellent investment. The 2 nearest airports are Rock Sound to the south, about a 30-minute drive, and Governors Harbour Airport, about a 25-minute drive.