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MLS: 420924

Rare Prospect Corner Lot | 0.22 Acres

Spotts, Cayman Islands

CI$259,000

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About this property

A rare opportunity to secure one of the last remaining corner parcels in the highly desirable Prospect area of Grand Cayman, where available land continues to diminish and well-positioned vacant lots in established residential neighbourhoods are increasingly recognised for their long-term value by buyers and investors alike.

This 100 ft x 98.5 ft corner lot offers a level of space and flexibility that is becoming increasingly difficult to find. Zoned low-density residential, it offers an excellent opportunity to design and build a bespoke home tailored to your lifestyle, maximising its generous proportions and surroundings.

What makes this parcel truly special:

  • Corner position: Enhanced street presence, natural light from multiple aspects, and greater design flexibility for driveway placement and landscaping.
  • Key Growth Corridor: One mile from the new Red Bay Plaza and several new CPA-approved developments that include townhomes, retail units, and The Yard—a vibrant open-air dining concept.
  • Boating and lifestyle: Just a short drive to Harbour House Marina, offering direct boat access to the North Sound.
  • Everyday convenience: Easy access to Grand Harbour Shopping Centre and the popular Harbour Walk, putting shopping, dining, and amenities right at your doorstep.
  • Established neighbourhood: Set within a quiet, low-density residential neighbourhood surrounded by quality homes, it offers the ideal setting for a bespoke island residence.
  • With undeveloped land in Grand Cayman continuing to rise in value, this parcel presents a chance to build on your own terms in one of the island's fastest-growing and connected communities or to land bank for anticipated future price appreciation.

    * The last two images offer a visual indication of the type of residence that could be developed on this lot.

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    Property details

    Rare Prospect Corner Lot | 0.22 Acres

    Status

    New

    View

    Garden View, Inland

    Listing Type

    Low Density Residential

    Block & Parcel

    24E / 481

    Acres

    0.22

    Direction

    Travelling east along Shamrock Road

    turn left onto Prospect Drive and continue for approximately 0.75 miles. Turn left onto Loch Lomond Way and the subject property is located approximately five lots down on the left-hand side

    at the corner of Loch Lomond Way and Bay Island Avenue.

    Location

    Spotts, Cayman Islands

    Mortgage estimate

    30
    259000.00$
    20
    5
    30

    Your estimated monthly mortgage payment

    $1,112
    Mortgage Size
    $51,800
    Mortgage Interest
    $0
    Total Mortgage Paid
    $207,200

    *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

    Land
    Type
    0.22
    Acres
    99
    Width
    100
    Depth
    New
    Status

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