Lovely Octagonal Home for Sale by Owner Including... A Profitable Rental Cottage
Our fully furnished home for sale near Governor's Harbour, Eleuthera, is offered together with a fully furnished and profitable rental cottage next door. The total price for both is US$850,000.
The houses are located in a beautiful private area, a one-minute walk from a pristine, mile-long, pink-sand beach.
This is an investment opportunity with an annual return of 5-8%.
My wife and I had the house built in 1998. The cottage was one year old when we bought it in 1997.
We have lived here at Banana Beach for over 12 years and enjoyed it very much. Now we are ready for a change and are planning to return to our home country Switzerland.
We were very fortunate to have found such a wonderful spot close to the powdery pink-sand beach yet well protected from storms, salt spray and the sometimes pounding noise of the crashing waves.
Our house for sale is on the left in the photo. The cottage that comes with the house is on the right.
The cottage in the background does not belong to us, and it's farther from our property than it appears in the photo. You don't see it from our house. The distance to that neighbor's house from our cottage is 40 yards and about 50 yards from our octagonal home.
Above is the cottage named "Orchid". It's rented about 70% of the year, and generates good income. Click on the photo above to see the inside of the cottage on our rental page.
This typically Bahamian house was built in 1996. It's a solid wooden structure in excellent condition.
Both houses withstood hurricane Floyd (1999) and hurricane Frances (2004) without a scratch.
Our wonderful beach
About The Octagonal Home
Above is Shangri-La, our home for sale, as seen just after the sunrise. Our island dog Pepino is accompanying me.
Behind the photographer is a dune that protects both houses from hurricanes which is a great asset.
And our beautiful pink-sand beach is only one minute's walk from the houses. Would you like to see our access path and the beach?...
Click on the second photo up from here to see the path we are walking daily. The rental page that comes up will also show you our gorgeous beach.
Our yellow American log home for sale was completed in 1998. It was designed by a renowned Swiss architect and comprises 1,800 sq. feet of living space divided into a...
Large living area
Large master bedroom with ensuite bath
Second large bedroom with ensuite bath and separate outside entrance
Guest bath and laundry room
Spacious loft
Click on the triangle in the photo below to see the inside of this octagonal home for sale.
This video is best viewed in large format. Click on the square with the four arrows at the lower right side for enlargement.
Location, Acerage & Environment of This House for Sale
Click on the yellow placemark on the map above.
Click on the three yellow placemarks on the map above.
The property is ideally located 4.5 miles (7 km) south of Governor's Harbour airport and 3 miles (5 km) north of Governor's Harbour. This small town is the main center of attraction in central Eleuthera.
Governor's has grocery stores, gas stations, banks, restaurants and a cinema. And it is only a seven-minute drive from the houses.
Most winter residents live in or near Governor's Harbour and Palmetto Point, which is 5 miles south of Governor's.
The two houses are located behind a dune on the Atlantic side of central Eleuthera.
A gated and paved driveway - which you don't find often on the island - connects the houses to the one highway on the island. It's called Queen's Highway and runs north to south on Eleuthera. The island is approximately 100 miles long.
Both houses are on a lot of 0.34 acres. This may not seem large. However because the two large meadowns bordering on the yellow house are unbuildable, the feeling is one of expansive open space.
In fact, the view from our porch onto the coconut grove to the south-east and the view of the meadow give the impression of wonderful privacy and comfort as you can see in one of the photos below. The area features great privacy and total tranquility.
More Photos of Our Octagonal Shangri-La
Living area and staircase to the loft
Living area. Left door under the loft is entrance to the master bedroom. The door in the middle is the one to the guest bathroom and the door to the right under the loft is the guest apartment's.
Kitchen and dining table to the left
View from under the loft to the deck which surrounds half of the octagonal house.
Kitchen
Guest apartment or second bedroom with ensuite bath. This room has a separate entrance from the deck. The door is invisible on the photo above because it's behind the cabinet to the right.
Master bedroom. View from the door to the living area.
Master bath
Our home for sale Shangri-La, seen from the coconut grove.
View from Shangri-La to the south. Our American neighbor's house - in the photo - is about 250 yards away.
Walking up just a couple of steps from our home, you can see the water. Below it is a meadow covering a low dune which protects our houses so well from hurricanes.
If you are interested in this home for sale and the rental cottage - only serious inquiries please! - contact the owner Dieter Schoop by typing into the form below...
