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Listed by Turks & Caicos Sotheby's Int'l
$ 1,950,000
Est. payment /mo
Active
HIATUS CLOSE Providenciales, BC
5 Beds
4 Baths
3,338 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,338 sqft
Price per Sqft $584
MLS Listing ID 2600101
Style 2 Storey
Bedrooms 5
Full Baths 4
Year Built 1980
Lot Size 0.970 Acres
Property Description
Parcel 60703/51 presents a rare opportunity to acquire a strategically located high-density residential redevelopment site in Blue Mountain, Providenciales. Offered primarily for its land value, the property comprises approximately 0.97 acres and is zoned High-Density Residential, allowing for a broad range of development outcomes including multi-family, condominiums, apartments, guest house/hotel, and clustered residential formats. The site is currently improved with two older residential structures that have reached the end of their highest and best use. Utilities are established, and site access is in place, supporting an efficient transition from acquisition to planning and development. ~ Zoning & Density Highlights: under current zoning regulations, the site supports compelling development yields, including: • Detached / Semi-Detached Housing: approximately 7–10 houses per acre • Duplex / Detached Housing Mix: up to 12 units or 24 bedrooms per acre • Apartments / Multi-Family: up to 12 two-bedroom units (24 bedrooms) per acre • Condominiums: up to 12 two-bedroom units (24 bedrooms) per acre • Guest House / Hotel: up to 25 bedrooms per acre. This density profile positions the parcel as an ideal candidate for developers targeting long-term residential demand, rental housing, or boutique hospitality concepts in an increasingly supply-constrained market. For purchasers seeking flexibility, the existing improvements may provide short-term holding or caretaker use while development planning, permitting, or market timing is finalized—allowing for land banking without compromising long-term redevelopment objectives. Serious developer and investor inquiries are invited. Detailed zoning information, survey, and due diligence materials are available upon request – please see sample density site plan. Opportunities of this scale and zoning flexibility in Blue Mountain are increasingly scarce.
Location
State BC
Community 60703 - Chesh Hall And Richmond Hill: Blue Mountain
Area 60703 - Chesh Hall And Richmond Hill: Blue Mountain
Interior
Interior Features Kitchen, Refrigerator
Cooling Window Units
Exterior
Exterior Feature Balcony, Fenced, Guest House
Parking Features Carport
Amenities Available Kitchen, Refrigerator
View Ocean View
Building
Lot Description Cleared - Part, Landscaped
Foundation Pier and Beam
Sewer Septic Tank
Water Cistern
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