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MLS: 421137

Melmac Ave #92 & #94 | South Sound – Single Family Home with Cottage set on 0.5 acre plot

George Town South, Cayman Islands

CI$1,749,000

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About this property

Centrally located and positioned at an elevation of 11 feet, 94 Melmac Avenue presents a rare opportunity to own an expansive half-acre property in one of the most sought-after neighborhoods. 

 

Offering exceptional flexibility, the property features a recently renovated 3-bedroom, 2-bathroom main residence alongside a separate 2-bedroom, 2-bathroom cottage, making it ideal for investors, extended families, or those seeking additional rental income.

 

Upon entering the main residence, you are welcomed into a bright and inviting open-plan living and dining area, with views out to the patio and expansive garden, creating a comfortable space for everyday living and entertaining. Beyond, the well-sized kitchen offers ample functionality, while a conveniently located laundry room sits just off the garage.

 

The bedroom wing is thoughtfully laid out for privacy and convenience. The primary suite is positioned at the front of the home and features a walk-in closet and private en-suite bathroom. Two additional generously sized bedrooms offer excellent storage and share a well-appointed family bathroom.

 

The detached cottage, spanning just over 850 sq. ft., is both inviting and highly practical. Designed with an open-concept living, dining, and kitchen area, the space flows seamlessly to a private outdoor yard that is separately fenced from the main residence. Complete with a fire pit, this outdoor retreat enhances both privacy and enjoyment. The cottage offers two spacious bedrooms, each with its own closet and en-suite bathroom, creating an attractive layout for tenants, guests, or extended family members.

 

The expansive grounds are where the property's true potential shines. A beautifully maintained lawn extends from the main house into a lush backyard featuring a variety of mature fruit trees. With ample space for future enhancement, expansion, addition of a pool, or potential subdivision opportunities, the possibilities are truly exceptional.

 

Currently tenanted, both residences provide immediate income-producing potential for investors. At the same time, the property's generous size and versatile layout make it equally appealing for owner-occupiers seeking additional space, multi-generational living, or a home with built-in rental income.

 

Combining location, flexibility, income potential, and future development opportunities, this property is a unique offering not to be missed. Contact us today to arrange your private viewing.

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Property details

Melmac Ave #92 & #94 | South Sound – Single Family Home with Cottage set on 0.5 acre plot

Status

New

View

Garden View, Inland

Listing Type

Single Family Home

Block & Parcel

14E / 358,359

Pets Allowed

Yes

Acreage

0.50

Direction

Driving into George Town on Walkers Road turn left onto Melmac Ave and the property is the second house on the left hand side.

Location

George Town South, Cayman Islands

Mortgage estimate

30
1749000.00$
20
5
30

Your estimated monthly mortgage payment

$7,511
Mortgage Size
$349,800
Mortgage Interest
$0
Total Mortgage Paid
$1,399,200

*Our Mortgage Calculator lets you estimate your monthly mortgage payment input different house prices, terms, interest rates, and down payments and see varying monthly loan amounts.

Highlights

Residential
Type
5
Beds
4
Baths
2,700 sqft
Living
1970
Year Built
0.50
Acreage
New
Status

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