As we enter the last quarter of 2024, Cayman Islands’ luxury real estate market has been building momentum, with high-end buyers eager to enjoy a taste of paradise in the coming holiday months.
“Roughly 80 per cent of our buyers are foreigners and with a close U.S. Presidential race this year, many North American buyers — our largest demographic — are in a ‘wait and see’ mode,” says John Pohlmann, Associate Broker at ERA Cayman. “But historically, once the election is over and buyer confidence resumes, purchase activity tends to pick up again. This is all beautifully aligned with Cayman’s upcoming high season, along with the much-anticipated interest rate adjustments. There’s a real optimism about what is to come.”
Whether buyers are seeking a world-class vacation home or a profitable luxury rental, this season’s standout properties truly showcase the beauty, exclusivity, and unmatched lifestyle that Cayman is known for.
Here’s a look at the most amazing Cayman homes for sale, each with distinctive qualities to charm any high-net-worth buyer looking for their next investment or dream retreat.
Coral Vista
Location: North Side, Grand Cayman
Set along a stretch of pristine white sands, Coral Vista is an unmatched property that offers 100 feet of stunning beachfront with sweeping ocean views. This expansive 7,000-square-foot estate features 10 spacious bedrooms and 7.5 bathrooms, making it ideal for large gatherings and luxurious vacation escapes.
“Coral Vista is truly tailored for high-end buyers looking for both an incredible home and immediate income potential,” shares John. “Last year alone, it generated over $837,000 in revenue. This year, it had already surpassed $892,000 by end of September.”
With its striking design and rental appeal, Coral Vista is a rare gem for those seeking both luxury and return on investment. Built in 2021, this estate spans three levels, designed to maximize sea views with large open spaces and high ceilings. It boasts three oceanfront master suites, a fourth king suite with an adjoining nursery, and several additional suites ideal for families and large groups. The extensive entertainment features include a dual-level entertainment area with arcade games, a beach cabana, and a movie theater. Outside, residents enjoy a 50-foot infinity pool, swim-up bar, and beach cabana for the ultimate luxury escape.
Mandalay – “One of Six”
Location: Seven Mile Beach, Grand Cayman
Mandalay Unit 1 offers rare privacy on the northern end of Seven Mile Beach. This residence is part of a limited six-unit community, where each unit serves as an end-cap to maximize sunlight and privacy. A stunning beachfront retreat, it features 4,333 square feet of luxury with three spacious bedrooms, 3.5 beautifully designed bathrooms, and private beach access.
A sophisticated remodel in 2023 has elevated this residence to brand-new status, incorporating hurricane-rated windows, cutting-edge audio systems, and luxurious finishes. “The developer went to great lengths with this renovation,” notes John. “Everything was restructured from the ground up, including custom finishes that place this residence at par with properties valued above $10 million.”
Beyond the impeccable interiors, residents also enjoy newly upgraded shared amenities, including a state-of-the-art Technogym fitness center and beautifully landscaped grounds. A private 432-square-foot parking area adds convenience, accentuating the property’s focus on exclusivity and ease.
Sunset Cove #230
Location: Seven Mile Beach, Grand Cayman
Located in the heart of Cayman’s vibrant beach scene, Sunset Cove #230 is a gem on the market, blending an ideal location with impressive rental potential. Set along the famous Seven Mile Beach, this fully renovated condo promises an upscale beach lifestyle paired with substantial rental income, projected to exceed $200,000 this year.
Sunset Cove is a rare find on Seven Mile Beach, featuring a spacious three-bedroom, two-bath layout across 1,671 square feet. “Three-bedroom units like this are increasingly hard to come by in this area, especially for one that’s been remodeled to such a high standard,” John points out.
Positioned on the second floor, the unit provides expansive beachfront views, easy access to resort-style amenities, and ample opportunity for relaxation in a private and well-maintained complex. With features such as an outdoor pool, dining areas, and lush landscaping, it’s ideal for buyers seeking both a vacation home and a profitable rental property.
But wait, there’s more…
Beckoning buyers in search of a more tranquil haven is Cayman Brac, which provides a refreshing escape from the upbeat energy of Grand Cayman’s Seven Mile Beach. Here, properties are thoughtfully designed for those who crave privacy, breathtaking oceanfront vistas, and the rugged beauty of bluff-side landscapes.
According to ERA Cayman sales agent Liesel Van Der Tuow: “Cayman Brac properties offer a peaceful environment and a strong connection to nature. It’s the perfect location for those who appreciate privacy and the unmatched beauty of island landscapes.”
Here are some of the most beautiful homes available right now on Cayman Brac, each with something exceptional to offer.
17 Sea Watch
Location: North East Bay, Cayman Brac
Perched on a generous 0.75-acre lot stretching from road to shore, 17 Sea Watch offers tranquility and oceanfront luxury with three bedrooms, including a secluded primary suite.
“This home is perfect for those who want direct ocean views with ample land and privacy,” says Liesel. The residence is crafted to embrace the natural beauty of Cayman Brac with ocean breezes and a private gazebo, nestled near the island’s iconic Brac Bluff, making it a hidden gem for beach lovers and outdoor enthusiasts alike.
Taylor Foster Home
Location: North East Bay, Cayman Brac
Situated on a remarkable 2.72-acre plot that spans from the Bluff down to the ocean, the Taylor Foster Home is a Caymanian-style cottage rich in history and charm. Built in 1933, it is recorded in the National Registry, combining heritage with ample development opportunities.
“This property has a true island soul,” Liesel notes, “from the shiplap wood siding to the original ironwood stilts. Buyers here are getting more than a home—they’re preserving a piece of Cayman’s history.” The space offers potential for additional residences or a pool, while the historic home maintains its original character, with a separate kitchen in tge old-fashioned “caboose” style, and sweeping views of both Bluff and shore.
Sunset Bar
Location: North Side, Cayman Brac
Sunset Bar is a two-level property that offers 1.57 acres of lush land stretching from the ocean to the Bluff, embodying elegance and functionality. The home was extensively upgraded in 2009 and features two levels: a private one-bedroom unit downstairs and a spacious two-bedroom, two-bath residence upstairs.
“It’s move-in ready with gorgeous Caribbean sunsets from the upper deck,” says Liesel. “Buyers will appreciate the added privacy, ample water storage, and the property’s shoreline diving access.” This residence is designed for those who seek a blend of relaxation and adventure, with secluded pathways leading to ocean views and spaces for entertaining.
Base 1
Location: South Side, Cayman Brac
Set against the dramatic backdrop of Cayman Brac’s Bluff on the south side, Base 1 is a three-story duplex offering both ocean views and significant rental potential. Liesel describes it as “a fantastic opportunity for investors looking for short- or long-term rental income.”
The first-floor one-bedroom unit, currently rented, has its own entry, while the upper levels feature a three-bedroom residence with expansive ocean views from a wrap-around balcony, making it perfect for gatherings and island-style living.
As 2024 comes to a close and buyer activity is anticipated to rise, these premium properties underscore the timeless allure of Cayman’s luxury market. And with Cayman’s high season fast approaching, interest is likely to surge among both private buyers and property investors, making these homes some of the hottest properties to watch.
Ready to find your piece of paradise among the finest Cayman homes for sale? Our trusted team of real estate professionals at ERA Cayman will be more than happy to assist you. Contact us today!