Nine Palms Residential Home With Income Producing Cottages

Savannah & Mid-Island, Grand Cayman

3 3.5 3,800 ft²

KYD $935,000

MLS# 418979

At a Glance

Property Type: Single Family Detached
Living Area: 3,800 ft²
Area: Savannah & Mid-Island
Style: Residential
View: Garden Views
Land Area: 0.22 acres
Garage: Garage
Bedrooms: 3
Dock: N/A
Bathrooms: 3.5

Property Location

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Property Story

Nine Palms – Spacious Home with Income-Producing Guest Cottages

Nestled between Sunrise Landing and North Sound Estates, this charming two-story home offers the perfect blend of comfort, convenience, and investment potential.

The main residence features three bedrooms and 3.5 bathrooms, with a thoughtfully designed layout. New porcelain tiles throughout. The master suite, is located on the ground floor, and boasts a newly refurbished en-suite with a luxurious rain shower. The spacious kitchen, dining area, and living room flow seamlessly, complemented by a breakfast bar and a grand entry hall. Upstairs, two oversized guest bedrooms each enjoy their own modernized bathrooms, providing ample space and privacy.

Beyond the main home, are two separate,1-bedroom guest cottages. Each cottage has a private entrance, ensuring complete separation from the main residence. Always rented offering an attractive income opportunity. Currently generating in total, CI$3000 per month, these cottages provide an excellent way to offset mortgage costs while maintaining privacy and independence. A 3rd unit has been constructed which offers as opportunity for a third cottage or use the space for an office/gym or art studio.

Step outside to a fenced backyard oasis, complete with a 25 ft swimming pool and expansive patio for relaxation and entertaining.
A shaded front entrance and a highly efficient and roomy in-and-out driveway add to the property’s practicality and curb appeal.

Prime Location:
Situated in Newlands, Nine Palms offers the tranquility of a residential neighborhood while being just five minutes from Country Side Shopping Centre, home to Foster’s Supermarket, ALT Home Centre, restaurants, and shops. The arterial Bypass Road provides quick and easy access to George Town. Lovely area close to the canals and the water front of North Sound.

A rare opportunity to own a spacious home with built-in income potential in a quiet yet convenient location.

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Featured Amenities

Garden Views
Garage
Outdoor Pool

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).