Income and Development Property on Grace Bay Beach
Steeped in Provo history, Reef Pearl Villa offers a private, powder white sand beach, ocean views, and Turks and Caicos’ best snorkeling. This three-bedroom beach house sits on Coconut Road and is part of the exclusive Turtle Cove neighborhood on Grace Bay Beach. Walk to Turtle Cove Marina’s seven restaurants, dive shop, and water excursions, or stroll along miles of sugar-white sand on Grace Bay Beach. In addition to Kayaks the villa has a deluxe golf cart, for a quick trip to the beach on Reef Pearl’s property and can also be used on the Bridge Rd to visit Shark Bite or Baci restaurants.
The villa has its own freshwater pool, a hot tub actually ‘on’ Grace Bay beach, and manicured gardens along with a recreation room with both billiards and ping pong tables. Both the upper and lower levels have their own living room, private access, and sofa bed. On the upper level, there’s an open-concept kitchen that’s fully furnished, a cozy living room, and a formal dining room. There is a master suite with a king bed and an en suite bathroom with a shower. There’s also a second bedroom with a large living room, a king bed (or two twins), and a queen/twin bunk bed.
This level can be accessed via an exterior staircase and has a large wraparound porch. Downstairs, there’s a beach level apartment with a king suite, a full kitchen, a living room with a 60′ flat screen TV, and a private bathroom. Where prospective purchasers should get excited…the ability to develop a 5,000 sq. ft. ‘main’ (beachfront) house on the 1-acre parcel. You could rent or reside in the existing home whilst building a spec home that puts you footsteps from the 95 linear feet of Grace Bay Beach frontage, which per Trip Advisor is the second best beach in the World and the best beach in the Caribbean for 2020. Financials upon request.