Property for sale in Lion Castle Tenantry - 6625326 - Advertised on propertyO by Sandcastle Caribbean Real Estate

Country Estate for sale

£11,889,135

Saint Thomas, Lion Castle Tenantry, Barbados Property ID: 6625326


Property description

The plantation house, built in 1721, is made of coral stone and has a 2-car garage and a swimming pool with gazebo. The floor area of the house is approximately 9,000 sq. ft., and consists of the basement level, and 4 bedrooms, 4 bathrooms, the living and dining rooms, the kitchen, bbq are, external bar, laundry and large storage area on the ground and first floors.

The Manager's House is a single story, split-level home of about 2,136 sq. ft. with 3 bedrooms and 1 bathroom.

 The apartment building is just over 3,000 sq. ft. and has 2 bedrooms and 1 bathroom apartment on the ground floor and a 2 bedrooms, 2 bathrooms on the first floor.

The luxury villas sit on their own plots of land within the ground both with high vaulted ceilings. The villa closest to the main house has a large covered terrace to the rear and boasts glorious panoramic views of the south coast. The second villa is considered more luxurious, has more bedrooms and sits on approximately a ½ acre of land.

The asking price for this property with all out houses including the villas is 14 million USD. A recent valuation valued the land, the main, the Manager’s house and the 29 stables at 12 million USD. The valuation did not include the 2 villas which would be valued together at approximately 3 million USD. For investment purposes should one decide to sub divide 40 acres of the land and then sell theses off as plots, one would recoup the initial purchase price and more.

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