Expanding gracefully across Santa Martha Bay in the picturesque western region of the island, rests the Bay Estates Peninsula. Cradled amidst the San Nicolas and Groot Santa Martha estates, it emerges from the waters, captivating all who behold its presence.
Spanning approximately 53 acres, the San Nicolas Peninsula awaits development, designated for Tourist & Permanent Residential Land use. Essential building permits are secured, accompanied by non-binding proprietary development blueprints.
Accessible via its own road from the main thoroughfare, a winding passage exceeding 2,000 feet escorts travelers beside a 127-foot hill, traversing the narrow strip of land before reaching the expanse over the water. Adorning both sides of the peninsula strip are shallow water sections, once utilized as salt pans. Ascending over 60 feet, it offers a vantage point overlooking the bay, embraced by the San Nicolas and Santa Martha estates on either flank. Its panoramic view encompasses both estates, boasting lush undulating grounds and hills ascending beyond 260 feet.
Development possibilities include a marina, as the bay entrance spans 115 feet and water depths average 10 feet, reaching a maximum depth of 16 feet. An exceptional prospect, situated beyond the hurricane belt, it enjoys international airlift accessibility and government incentives for land development.
The San Nicolas estate, inclusive of the peninsula, is available in its entirety or separately as described above. Contact our office today for comprehensive details on this unparalleled investment opportunity.