Spotts Oceanfront Development Opportunity, Prospect/Spotts
Description
This exceptional 0.72-acre waterfront parcel offers a rare opportunity to develop within a highly versatile Beach Resort/Residential zoning. The designation allows for a wide range of uses, including a private detached residence, duplexes, townhouses, apartment buildings, or tourism-related developments—providing flexibility for both investors and homeowners. The property benefits from no restrictive covenants, giving buyers greater freedom in design and development. The site gently rises to an elevation of 13 feet, enhancing both views and natural drainage. The land remains in its natural state, with no prior filling or leveling, offering a blank canvas for your vision. The soil composition—a blend of light, sandy textures mixed with clay—supports a variety of fruit trees, plants, and coastal vegetation, ideal for landscaping or eco-conscious development. Adding to its appeal, the shoreline features natural Ironshore rock, which helps protect the property from coastal erosion and wave impact—an important advantage over unprotected sandy beachfront sites. This is a unique opportunity to secure a prime waterfront location with strong development potential and natural coastal resilience. Ample space for a condominium development, or a couple of luxury townhomes, or a grand waterfront estate, this rare property offers exceptional flexibility in an area where most waterfront land in this area has already been spoken for. Don't miss this opportunity to bring your vision to life.
Where it is
What's on near Prospect/Spotts
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Climate · George Town
Station: ROBERTS · 1.7 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 29 |
| Feb | 29 |
| Mar | 29 |
| Apr | 31 |
| May | 31 |
| Jun | 32 |
| Jul | 32 |
| Aug | 32 |
| Sep | 32 |
| Oct | 31 |
| Nov | 30 |
| Dec | 29 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 32 |
| Feb | 12 |
| Mar | 14 |
| Apr | 28 |
| May | 78 |
| Jun | 130 |
| Jul | 114 |
| Aug | 87 |
| Sep | 108 |
| Oct | 167 |
| Nov | 117 |
| Dec | 58 |
What's nearby 344 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| 75 Midsummer Drive Single Family Home Prospect/Spotts | 2 min walk | 4 | CI$1,600,000 |
| The Ridge, Lot 5 Prospect/Spotts | 3 min walk | — | CI$386,250 |
| Spotts Huge Seafront Site - Next To Wellness Park Prospect/Spotts | 4 min walk | — | $4,750,000 |
| Rose Valley "bluebell House" Prospect/Spotts | 6 min walk | 2 | CI$685,000 |
| 208 South Shore Prospect/Spotts | 6 min walk | 3 | CI$485,000 |
| South Shore 106 Prospect/Spotts | 6 min walk | 3 | CI$565,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 other properties in Prospect/Spotts advertised at within 25% of this price. Their median asking price is CI$1,300,000 — this one is asking 2% less. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Aura #107, - Ground Floor 3 Bed Poolfront Residence | Prospect/Spotts | 3 | $1,275,000 | same |
| Old Prospect Road Beachfront Land 0.19 Acres | Prospect/Spotts | — | CI$1,300,000 | +2% |
| Tropical Paradise Awaits - .25 Acre Beach Resort Lot- Prospect Point Road | Prospect/Spotts | — | CI$1,300,000 | +2% |
| Old Prospect Road Beachfront Land 0.20 Acres | Prospect/Spotts | — | CI$1,300,000 | +2% |
| Coral Bay Village | Prospect/Spotts | 2 | $1,250,000 | -2% |
| Aura #303 - Oceanfront 2 Bed Plus Den Townhouse Residence | Prospect/Spotts | 2 | $1,225,000 | -4% |