Coconut Grove Estate: Bahamas Luxury Developer Opportunity

Lucía Torres · 2026-06-04

Imagine owning a piece of paradise where the turquoise waters of Tahiti Beach meet a rare development opportunity. That's exactly what Coconut Grove Estate on Elbow Cay offers. This isn't just a home; it's a blank canvas for your next big adventure. ### A Rare Find in the Bahamas Set above the pristine turquoise waters of Tahiti Beach, Coconut Grove Estate includes a development opportunity in addition to its 4,000-square-foot main estate. You get seven one-of-a-kind lots on Elbow Cay, spanning just over 3 acres from hillside to shore. The estate, represented by Scott Ferguson, James Galantis, and Bianca Galantis of The Agency Bahamas, also comes with two 40-foot dock slips in nearby Dorros Cove Marina. That means effortless yacht or deep-sea fishing access. You can literally step off your boat and onto your property. It's the kind of convenience that makes island living feel seamless.  ### What the Main Residence Offers The property's current residence offers three bedrooms across two spacious guest buildings. Both overlook a sparkling pool at the center and the waters of Elbow Cay beyond. Clad in classic, coastal white oak floors with whitewashed walls, and French doors opening to the salt-tinged air, the home presents a blank canvas for decorating in any style. Think of it as a place where you can make your mark. Whether you prefer modern minimalism or tropical chic, this home adapts to your vision. ### Outdoor Living at Its Finest Outside, the rolling property meanders down a path through a grove of palm trees. It ultimately leads to the exquisitely private shores of Tahiti Beach, spanning 260 feet of soft, white sand. You get privacy on your own terms. Here's a quick list of what you'll love about the outdoor space: - 260 feet of private beachfront - A grove of palm trees for shade and beauty - Direct access to the water for swimming or kayaking - A path that feels like a secret escape ### For the Potential Developer This land is a goldmine for developers. 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 Marina and dock slip access, privacy, and a true slice of Bahamian paradise awaits at Coconut Grove Estate. It's a rare opportunity to build something extraordinary. ### Why This Property Stands Out What makes Coconut Grove Estate special isn't just the numbers. It's the feeling you get when you're there. The salt-tinged air, the sound of waves, the soft sand under your feet. You're not just buying land; you're buying a lifestyle. And with the development potential, you can create something that reflects your vision. Whether you want a family compound, a luxury resort, or a private retreat, this property gives you the space to dream big. "This is a legacy property ready for its next adventure," says Scott Ferguson of The Agency Bahamas. "It's rare to find a piece of land this versatile and this beautiful." To learn more, contact The Agency Bahamas' Scott Ferguson, James Galantis, or Bianca Galantis. They can help you turn this paradise into your reality.