Coconut Grove Estate: A Bahamas Property for Developers

Lucía Torres · 2026-06-04

Imagine waking up to the turquoise waters of Tahiti Beach, with a development opportunity right at your fingertips. That's what Coconut Grove Estate on Elbow Cay is all about. This isn't just a home; it's a blank canvas for someone with vision. You get a 4,000-square-foot main estate, plus seven unique lots spanning over 3 acres from the hillside down to the shore. The property is listed by Scott Ferguson, James Galantis, and Bianca Galantis of The Agency Bahamas. And it comes with two 40-foot dock slips at Dorros Cove Marina, so you can easily access your yacht or go deep-sea fishing. ### The Main Residence: A Coastal Retreat The current residence is spread across two guest buildings, each with three bedrooms total. Both overlook a sparkling pool at the center and the waters of Elbow Cay beyond. The home features classic coastal white oak floors and whitewashed walls. French doors open to let in the salt-tinged air. It's a blank canvas, ready for you to decorate in any style you like. Think of it as a starting point for your dream coastal escape.  ### The Land: A Developer's Dream For those looking to build, this land is a goldmine. Here's what you get: - Five elevated lots covering roughly 2 acres - Two beachfront lots just under 1 acre - A 100,000-gallon cistern for water storage - A prepared foundation for a future main home - Land set aside for a tennis or pickleball court You can develop it as a private estate or a boutique resort. The choice is yours. The property meanders down a path through a grove of palm trees, leading to 260 feet of soft, white sand on Tahiti Beach. It's private, it's serene, and it's ready for your vision. ### Why This Property Stands Out Coconut Grove Estate offers something rare: privacy and opportunity combined. You're not just buying a house; you're buying a slice of Bahamian paradise. The marina and dock slip access make it easy to explore the surrounding waters. Whether you're into yachting, fishing, or just relaxing on the beach, this place has it all. The developers have thought of everything, from the cistern to the tennis court space. ### A Legacy in the Making This isn't just a property; it's a legacy. You can create something that lasts for generations. Whether you build a family compound or a high-end retreat, the foundation is here. The current residence is comfortable and stylish, but the real magic is in the potential. You can shape it into whatever you dream. ### Ready to Take the Next Step? If you're interested in learning more, reach out to Scott Ferguson, James Galantis, or Bianca Galantis at The Agency Bahamas. They know this property inside and out. Coconut Grove Estate is more than a listing; it's an adventure waiting to happen. Don't miss your chance to own a piece of paradise.