Caribbean News
World’s wealthiest expected to bid on Paradise Island Showpiece, $28+ Million Waterfront Home Opens for Bidding on Sotheby’s Concierge Auctions Website March 10
#TheBahamas, February 27, 2023 – Elisium, a 20,000-square-foot, 9-bedroom, 11-bath show-stopping, jaw-dropping residence in Ocean Club Estates on Paradise Island in The Bahamas, is expected to draw a fiercely competitive field of bidders when the bidding officially opens, without reserve, on March 10 via Sotheby’s Concierge Auctions. 
A spokesman for Sotheby’s Concierge Auctions, the world’s largest luxury real estate auction marketplace, said they have already seen interest in the never-before-lived-in estate.
“It’s extremely encouraging to see so much early interest in a property weeks before the auction even opens for bidding,” said Danny Prell, Vice President, Business Development.
“The answer to early interest lies partly in the property itself, but additionally in its premier location,” says Prell, an opinion shared by Christopher ‘CJ’ Ansell, the local cooperating broker for the sale.
“The property known as Elisium is a one-of-a-kind offering,” said Ansell, whose performance earned him Circle of Excellence status at Nassau-based Damianos Sotheby’s International Realty in 2022.
“The estate, not only beautiful in and of itself with exquisite attention to detail around every turn, is also the only residence in the famed Ocean Club Estates that enjoys both a harbour and ocean view and the only property with both marina basin dock and private beach. There is absolutely no other property like it.”
The attention to detail Ansell notes begins from the moment of entry, where individuals step onto perfectly polished and seemingly seamless porcelain floors that appear as is if they are floating. The 28-foot-high arched windows frame crystal blue waters, and sky lighting up the entry living area soaks the space in natural light.
“That light alone and the clean, inviting whites in the furniture paired with dark wood trim adds a touch of contrast,” says Ansell. “It sets the tone for the rest of the experience with the space telling a story that says immediately, ‘You are in The Bahamas, welcome home to a world of light and beauty.”
If Ansell waxes eloquent on the property, it’s hard not to.
“A labor of love, the current owners spent four years constructing what was meant to be their forever home. With a keen eye for fine details and personal touches, the owners’ taste for luxury design is sure to benefit the next buyer.”
Those personal touches are evident from the moment you enter the gated estate. Leading to the front door is a boardwalk over a saltwater pond, stocked with starfish, jellyfish, and other species. Massive double doors open to an entryway with two 11-foot-high aquariums, and from there, the uninterrupted vistas fill your senses.
“The kitchen is so untouched that no one has ever even had a cup of coffee in it,” says Ansell, while opening the doors of two dishwashers, a wall-length concealed Subzero fridge and freezer, a chef’s stove, and microwaves, revealing operations manuals still in their cellophane wrappers.
Twin staircases lead to the second floor joining at a landing with another magazine-worthy view. An intimate dining area for up to eight persons is situated just off the elevator leading to the second floor. Two thickly carpeted, self-sufficient suites are accessible by stairs or elevator.
The third floor is devoted to a full-on breathtaking primary suite as well as a smaller space, poised as a nursery or private office. That attention to detail shines yet again in even in the bathrooms with flowing grains of marble matching to perfection through bends, corners, and rounds, reflecting the master craftsmanship.
“You see that excellence again and again,” says Ansell, “throughout the supersized closets with finely detailed, extensive built-ins. You see it in the bathrooms with his and her dressing spaces, extravagant free-standing tubs, radiant heated towel bars, and the stamped Elisium name.”
Outdoors, the property showcases two swimming pools, one specifically designed with a faux coral climbing area, a private beach, and a separate play area for kids and their parties.
According to Prell, while the estate and its features are in a class of their own, Elisium’s location puts it on the global map.
“From the moment the first lots were sold in the late 1990s to today—almost 25 years later—Ocean Club Estates has not only retained its place in the somewhat rarefied air of the most desirable places on earth to live, the properties have consistently appreciated in value,” said Prell. “Access to Four Seasons Ocean Club, Atlantis resorts, automatic approval for the Ocean Club membership privileges for those who wish to join, and the amenities in the Estates community itself—golf, tennis, restaurants—make it the luxury location of choice.”
The bidding officially opens on March 10 on casotheby’s.com, and, while listed at $28.8 million, the estate is being offered without reserve.
For even more Caribbean luxury, view Sotheby’s Concierge Auctions’ additional offerings, including a 3-bedroom tower villa with 360-degree mountain & Caribbean ocean views in St. Vincent & The Grenadines, a private 186-acre Bahamian island chain with development potential, or an exclusive villa boasting with extensive indoor and outdoor living spaces, set in Sundance Ridge on St. Kitts.
Photo Captions:
Header: Interest is already being shown well ahead of the opening date of March 10 for online bidding via Sotheby’s Concierge Auctions on the Elisium estate, a 20,000 square foot showpiece of stunning design and master craftsmanship in world-renowned Ocean Club Estates, Paradise Island, Bahamas.
1st insert: The 28-foot high windows fill the entry living area with light, providing a sense of place and an invitation to breathe deeply and unwind. Light fills nearly every space at Elisium, the 20,000 square foot, 9-bedroom, 11-bath estate in Ocean Club Estates, Paradise Island, Bahamas, that goes on auction via Sotheby’s Concierge Auctions March 10.
2nd insert: Elisium baths reflect stunning design tails and master craftsmanship that explain its $28.8 million valuation. Note the perfection in flowing marble around corners, bends and throughout the walls. Interest in the never-lived-in grand estate is already being shown ahead of online bidding that starts March 10 via Sotheby’s Concierge Auctions.
3rd insert: One of two pools at Elisium, Paradise Island, the lagoon pool with rock and boulder wall overlooks the water and private beach while a second expanded lap pool runs the length of the main house.
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