Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for investment professionals · Friday, March 29, 2024 · 699,655,944 Articles · 3+ Million Readers

712-Acre Little Ragged Island, the Largest Privately-Held Bahamian Island, to Auction via Sotheby’s Concierge Auctions

St. Andrew's, Little Ragged Island, Bahamas

When you have a once-in-a-lifetime opportunity such as St. Andrew’s, it deserves the global exposure and world-class marketing efforts that Sotheby's Concierge Auctions provides.”
— Stuart Halbert

NEW YORK, NEW YORK, USA, June 28, 2022 /EINPresswire.com/ -- Measuring 712± acres, St. Andrew’s, also known as Little Ragged Island, is both the southernmost and the largest private island in the Bahamas currently on market. This stunning mass of land, featuring miles of pristine sandy beaches and warm, quiet waters, will auction online next month via Sotheby’s Concierge Auctions in cooperation with Stuart Halbert of Bahamas Realty. Currently listed for $14.5 million, the property will sell No Reserve to the highest bidder regardless of price. Bidding will be held July 25–29th via the firm’s digital marketplace, casothebys.com, allowing buyers to bid remotely from anywhere in the world.

“We’re excited to be partnering again with top agent Stuart Halbert to auction this immaculate 712-acre island,” stated Danny Prell, Vice President of Business Development. “After selling Little Ragged Island via auction last year, we’re once again presenting this private paradise to our global database of HNW buyers, ultimately allowing bidders to name their own price. It’s a truly unmatched opportunity, prime for development.”

St. Andrew’s offers a blank canvas of rolling hills and calm warm waters awaiting boundless opportunities for development. Be it a picturesque residential settlement, an expansive tropical estate with miles of private beaches to wander, or a boutique resort with more than enough acreage left to add an entire 18-hole golf course. Surrounded by azure ocean waters and fringed with pristine white sand beaches, elevations vary from sea level to a hilly 40 feet. The eastern side of the island features deep water access, perfect for large ships to pull up, which creates a prime construction opportunity.

Additional features include miles of pristine white sand beaches; crystal waters for first-class sailing, snorkeling, and other water activities; world-class bone-fishing; a plethora of grouper, snapper, barracuda, tuna, and kingfish in the waters surrounding the island; and lignum vitae trees and fresh spring drinking water on the island—all just a ten-minute boat ride from Duncan Town, a small settlement with a robust solar farm and airport, and easily accessible by plane from Nassau, Cuba, and Miami or by private jet.

“Partnering with Sotheby’s Concierge Auctions seems like an obvious choice given the nature of this property" -stated Halbert. “When you have a once-in-a-lifetime opportunity such as St. Andrew’s, it deserves the global exposure and world-class marketing efforts the firm excels at producing. The auction process also affords our client an efficient sale that happens on their terms and on their time—from determining the date of sale, to ultimately closing within 60 days. We’re looking forward to an exciting auction and a successful sale.”

Little Ragged Island accurately represents nature at its most undisturbed. It sits at the southernmost end of the Ragged Island chain, a 100-mile string of islets that beg to be explored. Quiet and serene, Little Ragged Island presents a haven for avid fishermen with unparalleled flats. Vivid reefs and warm waters dot the island’s sandy beachfront. Sailing and snorkeling are favored local activities, or watch for wild pink flamingos in the shallow water off the beaches along the chain. Access from Long Island in the Bahamas is quick and easy via boat ride or charter flight to Duncan Town Airport.

Little Ragged Island is available for showings by appointment and for private virtual showings.

As part of Sotheby’s Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will result in a new home built for a family in need.

Sotheby’s Concierge Auctions offers a commission to the buyers' representing real estate agents. See Auction Terms and Conditions for full details. For more information, including property details, exclusive virtual tour, diligence documents, and more, visit casothebys.com or call +1.212.202.2940.

About Sotheby’s Concierge Auctions

Sotheby’s Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. In November 2021, the firm was acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate INC (NYSE: HOUS), the largest full-service residential real estate services company in the United States, holding a joint 80 percent ownership stake. Sotheby’s Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. Since Sotheby’s Concierge Auctions’ inception in 2008, it has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 32 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which guarantees that for every property the company sells, a new home is funded for a family in need. For more information, visit casothebys.com.


Emily Roberts
Sotheby's Concierge Auctions
+1 212-202-2940
email us here

Powered by EIN Presswire


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release