Waterfront Bermuda Home Will Soon Go to Auction with No Reserve
Doesn’t the thrill of an auction make buying treasures so much more fun? For those who love the rush and melt at the sight of turquoise waters, a waterfront Bermuda property known as “At Last” is a dream opportunity. Next month, the 1.4-acre spread will go to auction with no reserve, meaning there is no selling price minimum.
It’s incredibly rare for a vacant waterfront home to be for sale on the Tucker’s Town peninsula. And even more rare, this 1952-built abode presents the chance for a full renovation or even a complete rebuild. Currently clocking in at 6,000 square feet, Bermuda’s David Benevides of Benevides & Associates has drawn up plans for a new manor and guesthouse that would total 13,650 square feet.
For those who just want to spiff up the current house, the outdated interiors boast generous rooms with high ceilings and endless ocean views. All of this equals big potential. But of course, it’s the location and outdoor amenities that really make this property a star.
Perched on a promontory overlooking Castle Harbor, 12 Shell Point Road is a private escape just minutes from the island’s airport. It’s also just a golf cart ride away from Tucker’s Point and Mid-Ocean clubs with exceptional golf, tennis, restaurants, and beaches. However, staying in is just as divine with a private pier, dock, and boathouse where a new owner can set out to sea at a moment’s notice. Wearing Bermuda shorts, of course.
The chance to bid on a Tucker’s Town home right on the water may not arise again. The no reserve auction will take place with Elite Auctions on April 24th and remote bidding is available. Valued at $10.6 million, a buyer could nab this gem for a great price.