Yahoo Finance The Most Expensive Home in The Bahamas Just Sold for a Record $40 Million
Aspara, an ultra-opulent oceanfront mansion in The Bahamas, just traded hands for a record $39.49 million. Located within the exclusive Old Fort Bay community, the palatial estate marks the priciest residential sale publicly promoted on the island, according to Matthew Marco of BOND Bahamas, who represented both sides of the deal.
“Apsara is truly a one-of-a-kind gem, not only in The Bahamas but also in the entirety of the Caribbean,” said Marco in a press statement. “Having a stunningly designed and constructed estate with both oceanfront and canalfront access points, all while being located in the coveted and private Old Fort Bay enclave, Apsara is nothing short of the highest standard of luxury living.”
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The previous record was reportedly set in 2021 when country superstars Tim McGraw and Faith Hill offloaded their idyllic 20-acre private island, L’île d’Anges, aka Goat Cay, for a cool $35 million.
“Over the past few years, we’ve seen an uptick in high-profile, high-net-worth individuals looking for truly one-of-a-kind trophy residences across The Bahamas,” added Marco. “The sheer geographic constraints of the island only allow for so many waterfront residences like Apsara, making these exclusive Bahamian properties so coveted that their sale prices are now matching those of the largest U.S. markets.”
The original listing for Aspara touted its 150 feet of turquoise waterfront along with 150 feet of canal frontage, plus a private dock and boat lifts. The abode itself measures a whopping 14,000 square feet and features eight bedrooms and 10 full bathrooms.
The posh pad has a contemporary flair to it with a slew of amenities, including a state-of-the-art fitness center, a steam room, an elevator, and an 876-bottle glass-enclosed wine cellar. There’s also a custom gourmet chef’s kitchen for indoor entertaining, as well as a sunken dining area for alfresco meals. The home wraps around a lush interior courtyard and is lined with walls of glass that open up to sunny terraces, sprawling loggias, and a massive infinity pool. From here, you can walk down to your own private sandy beach.
“The Bahamas truly has everything a high-net-worth individual would look for in a luxury beachside residence,” added Marco. “The warmth of the people, the sophisticated infrastructure, the banking capabilities, the tax incentives, the gracious privacy, the stable government, and, of course, the most beautiful natural landscape in the world, all make the Bahamas a smart investment.”
Click here to see more photos of Aspara.
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