Known for its 250 square miles of flats fishing, Deep Water Cay heretofore has been a small community of only seven privately owned homes, seven cabana units, and four guest cottages (packages starting from $1,000 per night, per person, including lodging, meals, and activities). But this fall, the 55-year-old private island resort off Grand Bahama’s southeast shore will break ground on 53 new waterfront residences.
The two- to five-bedroom estates will be offered as privately owned, furnished homes with prices starting at $1.1 million. Allison Elebash of Charleston, S.C., will decorate the interiors, although buyers will also have the option of bringing in their own designers. Residents will have access to the resort’s amenities, including the pool, fitness center, and seafood restaurant, and its guides, who can take them kayaking through the mangroves, scuba diving in the nearby blue holes, and fishing on the island’s flats and offshore reef.