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." 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. Every item on this page was hand-picked by a House Beautiful editor. 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. Meanwhile, Baha Mar, an exclusive, mega-resort, is a 10-minute drive away from Lyford Cay. “It’s really the centerpiece of the community and drives the social life,” Mr. Damianos said. The Board of Directors of the Lyford Cay Foundations announce the launch of an executive search to fill the position of Executive Director, Lyford Cay Foundations. “It’s not about having the newest or the chicest house,” he said. “The dishes are really creative,” Mr. Damianos said. It is a seven-minute drive from Lyford Cay. Directly outside Lyford Cay’s gates, there are several restaurants. The ground floor is surrounded on three sides by a swimming pool, and the five-bedroom, five-bathroom house, which is on more than a half acre, was renovated in 2017 by the current owner. He noted that during the global recession of 2009, prices in Lyford Cay didn’t drop. Nygard’s home in Lyford Cay, Bahamas, featured fake volcanos spouting dry ice, an underground cave housing 30 cars and an indoor pool with … The cost of living in Lyford Cay is extremely high. In general, there’s not a lot of inventory, especially on the beach, so buyers have to pay what sellers ask.”. We applaud the work and contributions of our current Executive Director, Felicity Humblestone, who will be transitioning out of this role on December 31, 2020. In 2009, the home was renovated and equipped with new wiring, plumbing, a kitchen, bathrooms, flooring in the entertaining spaces and new ceilings. “And now you can claim permanent residence when you purchase a property of at least $750,000.”, More: Lush, 20-Acre Private Island in the Bahamas Lists For $16 Million. This is the webcam overview page for Lyford Cay in New Providence, Bahamas. Sean Connery is lucky to be alive after Hurricane Dorian wreaked havoc on the Bahamas. 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 … Cocoplum, a bar and bistro that serves French and Mediterranean cuisine, is a two-minute golf-cart ride from Lyford Cay’s gates. “You are expected to wear jackets to dinner, and if you’re flashy, it’s not for us.”. There are only 450 homes in Lyford Cay, a fact that all but guarantees perpetual exclusivity. He noted that over the last five years, the biggest price appreciation has been among beachfront properties. Lyford Cay, Old Fort Bay and Albany are a law unto themselves! “The school’s a big selling point,” Mr. Christie said. The property owners association has repaved all the roads and erected new entry gates.”, More: Bahamas Villa Heads to Auction, Starting at US$4 Million. Lucaya, which covers three beachfront lots totaling 3.9 acres, is on the market for $40 million. In fact, very few of the owners of our principal resort properties live here at all. Life in Lyford Cay revolves around the uber-exclusive Lyford Cay Club. It’s beautifully manicured, and as far as social life, the atmosphere is traditional old-world country club similar to Palm Beach. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. “People are tearing down the old homes or expanding them. You may be able to find more information about this and similar content at piano.io, Live in a Slim Aarons Photo for $25 Million, John Lennon's Former NYC Penthouse Is for Sale, This 1970s Pink Time Capsule Home Is for Sale, Shaq's Orlando Mansion on Market for $19.5 Million, Justin Bieber Buys a New $26 Million L.A. 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. He noted that through the years, prices have climbed. Entrance to this private 1,000 acre community is through 24 hour operated gates. The home served as a vacation spot for Princess Diana and her sons William and Harry in the late '80s, according to the listing. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. “People from all over the world and all different backgrounds mix,” he said. View are wonderful selection of Lyford Cay Property for sale as well as numerous Lyford Cay Villa Rentals.. Lyford Cay is a world-renowned Bahamas gated community located on the western tip of New Providence Island, Bahamas. Insofar as the study suggests that the Lyford Cay community itself, with its hordes of Filipino, Haitian and Latin American domestic workers, is a major center of middle-class employment for Bahamians, then it … Although there are no architectural guidelines, any plans must be approved by the property owners association. As for the fees, he said that “they are not for the faint of heart.”. “It’s old-school Wimbledon,” he said. Mr. Damianos noted that many residents of Lyford Cay send their children to off-island boarding schools beginning in grade 9. The high-security Lyford Cay estate on New Providence, the most populous island in the Bahamas, is one of the world's richest enclaves. Lyford Cay, the oldest master-planned community in the Bahamas, is a very proper, old-world-style paradise that caters to those who desire the decorum of times gone by. Connery lives in the plush Lyford Cay neighbourhood on New Providence Island, surrounded on three sides by Clifton Bay and the Atlantic Ocean. He added that tax incentives traditionally were a draw for millionaires and billionaires from around the world. It also has good food.”, More: A Balinese-Inspired Home in the Bahamas. Lyford Cay Real Estate Bahamas. 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 … The Board made the announcement this afternoon via a press statement. “That’s a pretty good increase,” he said. The Swimming Pig, a locally owned establishment in Baha Mar, is a gastropub that has made a name for itself serving burgers, sandwiches, and island classics. Although a proud Scotsman Sir Sean Connery has taken up residence in sunnier (and more tax-friendly) places, most notably in the Bahamas. 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. The private, nondenominational school for students in pre-kindergarten through 12 grade offers an international baccalaureate program. “It’s a community with wide boulevards, large plots of land and big green spaces. It has an eight-seat sushi bar and a cocktail lounge that has a celebrated wine list. There is also a massive heated swimming pool in the courtyard and various outdoor terraces for entertaining. The Captain’s Table, a private restaurant on club property, is a favorite of Mr. Christie’s. “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. The home was designed by architect Happy Ward and built in 1969. 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. Despite all the nightlife options, residents frequently host concerts and events in their homes. Search all Lyford Cay Real Estate Listings in the Bahamas below! “There is no income tax and no capital-gains tax,” he said. We may earn commission on some of the items you choose to buy. It was there, in … 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… 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. “But the market slowed,” he said. Founded in 1948, the private school offers an international baccalaureate program to its nearly 600 students. Estate agent Nick Damianos, of Damianos Sotheby’s International Realty, said Lyford Cay’s social scene makes it the most special spot in the Bahamas. 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Prices range from about US$2 million, for a small, landlocked bungalow on a third of an acre that has no views, and soar to US$60 million to US$70 million for beachfront estates that have been newly built or newly renovated, Mr. Damianos said, adding that properties are priced in U.S. dollars for the international market. “It has dark-wood floors, red leatherette banquettes and authentic pub vibes. “It’s easily the most heavily trafficked restaurant in the resort,” Mr. Damianos said. 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. Mr. Christie said although residents come from all over the world, the population is decidedly “European and Latin American-centric.”. Lyford Cay is a gated community in Nassau. Dec 12, 2020 - Rent from people in Lyford Cay, Nassau, The Bahamas from $20/night. 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. 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. Dorian, which is regarded as the worst natural disaster in the archipelago’s history, killed 73 people—70 of them in the Bahamas. “At that time, it was in a remote part of the island and it was before Nassau became an international destination,” Mr. Damianos said. From Penta: Original Olympic Games Manifesto Brings in $8.8 Million, a World Record for Sports Memorabilia. The club offers a variety of unparalleled members-only amenities that attract an international crowd. Sand Dollar, Lyford Cay, Lyford Cay, Nassau And Paradise Island Bahamas is a Single Family Homes for Sale for Price Upon Request. The home includes 180 feet of private beachfront. Stay up to date with Mansion Global newsletters. The property also has a gatehouse with guest apartments over a four-car garage. The resort also has a trio of hotel towers—SLS Baha Mar, Grand Hyatt Baha Mar and Rosewood Baha Mar—and a variety of boutiques devoted to luxury brands such as Rolex and Cartier. For more information, contact Philip Hillier of Christie's International Real Estate, who holds the listing. “There are about 450 homes in Lyford Cay, and there are only about 1,300 club members,” he said. We report yinner decide! Belong anywhere with Airbnb. In addition to more than 40 restaurants, bars and lounges, the complex includes brand-name dining establishments such as Cleo, which is known for its Mediterranean-inspired cuisine, and the Japanese restaurant Katsuya by Starck. Find unique places to stay with local hosts in 191 countries. Specializing in the sale and rental of residential real estate throughout exclusive Lyford Cay. This five-bedroom, six-and-a-half bathroom home located in the Lyford Cay gated community in the Bahamas is currently on the market for $12.5 million. His lavish Caribbean estate, Nygard Cay, … If you could live anywhere in the world, where would it be? 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. People come here to have a good time.”, More: Private Islands of Late ‘King of Coal’ Billionaire Chris Cline Ask $29.9 Million. “Lyford Cay is a long-established community that tends to withstand drastic price fluctuations,” 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 … It was Bahamian developer Sir Harold Christie who came up with the idea for the community, and it was he who in 1954 sold the parcels of property he had collected to Canadian businessman Edward Plunkett Taylor, who put the plan into effect. “It’s a very genteel club of refined, understated residents; it’s considered poor taste to be flashy.”. More than half of our staff have master's or doctorate degrees and the investment in top quality education is proven by student results. NASSAU| BP is learning Dr. Nicola Virgill-Rolle will become the next Executive Director for Lyford Cay Foundations. This goes along with the more polished look of the community. There is only one school in the community: Lyford Cay International School, founded in 1962, is right inside the neighborhood’s gates. If you're looking for a luxe beach property, look no further. “Lyford Cay Foundations recognized years ago that the government, even with all its leadership, commitment and resources, cannot achieve all that it wants alone, and that philanthropic investment in education is a crucial component to the long-term development of a prosperous, safe and healthy Bahamas,” the statement read. Neighbors include Sean Connery and the Bacardi family, according to the listing. Noting that an estimated 45% of the residents make Lyford Cay their full-time home, Mr. Christie said the trend is growing. The 89-year-old actor and his wife Micheline Roquebrune are safe after the … However, it still retains much of its original charm—we adore the beige-colored shaker-style kitchen. “I don’t anticipate that we will see acute 20% year-over-year price increases, but rather I expect we will continue our overall trend of steady appreciation of about 5% a year.”. Lyford Cay Sotheby's International Realty is located in the gated community of Lyford Cay which is situated at the western end of New Providence Island. It’s not a ripped jeans kind of place, it’s a Lilly Pulitzer kind of place.”. House Beautiful participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. St. Andrews International School, which is a 45-minute drive from Lyford Cay, enrolls students from pre-kindergarten through 12 grade. The only commercial entities on Lyford Cay are on the club’s campus and the office of Damianos Sotheby’s International Realty. The community, which was founded more than a half century ago, would be impossible to replicate in the Bahamas in the present market. “The storm was more than 100 miles away, and Lyford Cay experienced winds of about 40 mph.”. In addition to a 50-room hotel and rental cottages, its campus has a swimming pool, tennis courts, an 18-hole golf course, pro sports shops and a handful of restaurants. Mr. Christie, too, is optimistic about the future of the real estate market. In terms of coming with him and living with him, you will need to determine that yourselves. 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. Family-owned and run, it features a menu that changes nightly, and the greens and herbs it serves are hydroponically grown on the family farm. It is located at the end of a secluded lane and offers owners 180 feet of private beach frontage. Each bedroom also offers a generous view of the powdery beach. Lyford Cay is one of the Bahamas's most elite and private communities. Lyford Cay is a private gated community located on the western tip of New Providence Island in The Bahamas. Lyford Cay Real Estate - Nassau. Although a proud Scotsman Sir Sean Connery has taken up residence in sunnier (and more tax-friendly) places, most notably in the Bahamas. 44 Very Merry Christmas Table Decorations, Ty Pennington Just Got His Own Show on HGTV, This Video Shows How to Wrap a Gift Without Tape, This content is created and maintained by a third party, and imported onto this page to help users provide their email addresses. The 4,492 square foot property is so grand and secluded that even a royal spent some time here with her family. All property prices are as stated by the listing agent. “Geographically, it’s one of the nicest spots in the Bahamas. BP reported the news of Virgill-Rolle’s resignation early … 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. Winnipeg-raised fashion mogul Peter Nygard found himself locked out of his luxury home in the Bahamas on Friday. 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. Maybe in Lyford Cay, a private gated community on the western tip of New Providence Island in the Bahamas? 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 Mansion, See Inside Matthew Perry's $6 Million Cottage, Priscilla Presley Is Selling Home for $16 Million, See Inside John Legend and Chrissy Teigen's Home, Kris Jenner Sold Her LA Home for $15 Million, The Iconic "Golden Girls" House Has Been Sold. 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. “Very few of the properties are financed, and nobody sold during that down time. Since its founding in 1966 by the Canadian brewery tycoon E.P. The Emergency Powers do not apply to those communities. More: A Tropical Island Beach Retreat on the Bahamas' San Salvador Island, Mr. Christie, who is a member of the club, said that he advises clients who desire membership to apply for it before purchasing property so as not to be disappointed if they are turned down. Taylor, Lyford's members, including a smattering of Greek shipping heirs, Henry Ford II, … The former caythat lent its name to the community is named after Captain William Lyford Jr., a mariner of note in Colonial and Revolutionary times, and is built on a 448-acre grant he received for his services as a Loyalist in the American Revolution. Click to read more Bahamas luxury real estate news. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. on a lot of 2.592 Acres and it's composed from 11 Bedrooms, 10 full baths It features a bar stocked with local and international beers. 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. Was built in , has 6,667 Sq.Ft. Fuel, electricity, water/ice, complete shopping center near marina, telephone with cable TV hook-ups 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. “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. 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. DISCLAIMER: The currency conversion is provided for illustration purposes only. 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. 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. Mr. Damianos said that the majority of the properties sell for US$3.5 million to US$6 million, with the upper prices reflecting proximity to the most sought-after amenities, which include the canal systems that make it possible for owners to dock boats on the property, the beaches, the golf course and, most of all, the Lyford Cay Club. “People come to Lyford Cay to get away from keeping up with the Joneses that goes on in other wealthy destinations. Shina, a rooftop retreat in The Island House hotel overlooking the marina, features recipes from Thailand, Vietnam and Indonesia. Windsor, a private co-ed boarding and day school for students ages 3 through 18, offers a Cambridge curriculum. 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. Lyford Cay escaped the wrath of Hurricane Dorian, which devastated other islands of the Bahamas when it struck in September. “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. Webcams You can view all wind and weather webcams nearby Lyford Cay on the above map. “Wholesale liquidation” imminent, investor confidence at risk . More: A Canal-Side Vacation Home in the Bahamas. As an example, he cited a beachfront property that sold for $3 million in 1995 and recently brought $12 million. Lyford Cay is one of the Bahamas's most elite and private communities. More: $85 Million Private Island in the Bahamas Hits Market. (Chub Cay and Spanish Wells included – but yinner ain’t seen that yet – NINE MONTHS in the COVID-19 pandemic). This five-bedroom, six-and-a … We are not responsible for any loss that you may incur as a result of relying on these currency conversions. OUR NON-PROFIT SCHOOL spends over 84% of tuition dollars, or about $7m dollars, on teaching and learning each year. Mr. Christie added that although renovations are indeed occurring, residents are more often attracted to a property’s intrinsic value. “These are intimate events, but they are more expensive than the public performances.”. “There’s nothing else like the Lyford Cay Club in the Bahamas,” Mr. Damianos said, adding members are not allowed to bring cellphones on the premises or discuss or conduct business while on club property. Lyford Cay Doctor WARNS that community spread by new arrivals have begun! “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. 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 is definitely a safer area to live in, but it is also extremely expensive and exclusive. 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. Windfinder specializes in wind, waves, tides and weather reports & forecasts for wind related sports like kitesurfing, windsurfing, surfing, sailing or paragliding. More: After Devastating Destruction, Caribbean Looks To Rebuild. “There was no damage whatsoever to Lyford Cay,” said Mr. Damianos. Its casino attracts people from around the world, Mr. Damianos said. “It’s a privilege to lead this organisation with its longstanding history of enriching the lives of Bahamians. Sean Connery - owned a property in Lyford Cay; has lived in the Bahamas since the 1990s; David Copperfield; Johnny Depp - owns private island; Rick Fox - Bahamian/Canadian; Bill Gates; Michael Jordan; Lenny Kravitz Connery lives in the plush Lyford Cay neighbourhood on New Providence Island, surrounded on three sides by Clifton Bay and the Atlantic Ocean. Enrollment has grown so much that the school is building a second campus to hold only its high school students. 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.”. 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. 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. With the more polished look of the items you choose to buy who holds the listing and of... You will need to determine that yourselves ’ t seen that yet – NINE MONTHS the! Withstand drastic price fluctuations, ” said Mr. Damianos Cay are on the tip! Optimum Mansion global experience, please turn off any ad blockers and refresh this.... Their social status is with local who lives in lyford cay bahamas in 191 countries “ but the for! Cay their full-time home, Mr. Christie said Providence, Bahamas selling point, ” said! Atmosphere is traditional old-world country club similar to Palm beach “ they are more expensive the! Looks to Rebuild, which is a favorite of Mr. Christie, too, is on the Bahamas what social... 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