Mooney Bay, North Sound, British Virgin Islands

Description

With an extensive waterfrontage and beach, Mooney Bay Estate is the only privately owned freehold estate property with frontage to North Sound and not forming part of a sub-division. It is also one of the largest privately held estate properties in the BVI at over 22 acres of land. Originally developed in the 1980's, Mooney Bay Estate was for many years a private retreat before being operated as a rental property. The property was damaged during Irma with the owner now electing to sell this asset leaving the next owner to determine the direction this property may take. HIGHLIGHTS . Land Area : The property has a water and beach frontage of approximately 900 linear feet to North Sound. The estate encompasses 22.010 acres of land which extends up the hill behind the beach to a height of approximately 480 feet above sea level. . Title : The property is held with freehold title. There is a sea-bed lease for the dock. Access : Currently, Mooney Bay Estate can only be accessed by water with the closest public road at Leverick Bay Marina which is just a short dinghy ride away. There is a private road adjacent to the eastern boundary which is part of a Government sub-division of the adjacent property. Road access to the property would be possible at this point with the relevant permissions. There is a barge ramp on the property adjacent to the dock. Potential : With the North Sound waterfront location, Mooney Bay will provide the next owner with plenty of options for either residential or commercial / resort developments within an area that has become one of the leading ultra-high end resort residential development areas in the Caribbean with development at Oil Nut Bay, Moskito island, Bitter End Yach Club and Saba Rock. The private island developments at Necker Island and Eust