$9,500,000

Nestled in a quiet cove of the iconic North Sound of Virgin Gorda, this sizeable freehold estate represents the pinnacle of tropical living. An 800' waterfront is graced by two docks, a white sand beach, a boat ramp, and of course palm trees. From the beach, your view up the valley falls upon the land, and almost of what you see is included in the parcel. The ruins of an estate villa, tennis court and a manager's residence are a testament to what was once a beautiful home with landscaped grounds and a private beach. Now, the property is waiting for your vision to bring it back to glorious life. This 22-acre piece of land could hold up to a dozen modern villas with spacious grounds between them. The views are scenic, the breezes are cooling, and the cove is protected so that it remains calm even on those days when the tradewinds are a little stronger than usual. The previous owners connected the property to the island's main electrical system, and all the utilities on the property are below ground. Beneath the tennis court is a cistern that can hold over 80,000 gallons, and there is a second smaller cistern in the manager's house. A small roadway crosses a bridge and allows vehicles to travel from the boat ramp to the rest of the property. This estate road could be connected to the roadways of Virgin Gorda if desired. A seasonal stream runs down the center of the valley with lush vegetation growing on either side. At the base of the valley, there is a large area of flat land, nearly 4 acres, on which the residences and amenities have been built. Ideally suited for a small boutique resort, the property could also be handily developed into a residential villa community. The property has considerable water rights under the sea, so the docks could easily be expanded and a small marina put in place for the villa owners and visitors. Nearby are the properties that make the North Sound the most famous yachting destination in the Caribbean...Necker Island, Oil Nut Bay, the Bitter End Yacht Club, Saba Rock, and the resurgent Biras Creek. Right next door is the renowned Leverick Bay Marina, with shops, markets and boutiques. These nearby resorts provide plenty of activities and nightlife, while Mooney Bay remains a secluded retreat in a well-protected corner of the bay. In terms of value, Mooney Bay represents one of the best opportunities in Virgin Gorda for waterfront land with excellent development potential. If you have an interest in a large property in Paradise, Mooney Bay deserves your consideration.