For Sale: Palm Vale

For Sale By: Single Agent

David Hyland, My Bermuda House

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Palm Vale

46 South Road

Devonshire

MBH 05163

For Sale: BD$2,250,000

Available to PRC Holders

“Palm Vale” is a fabulous and recently renovated estate home located on South Road in Devonshire within walking distance of Devonshire Bay.

The property consists of a large main house, a two apartment dwelling with attached garage and a separate laundry/workshop. The home is positioned on an extensive lot of 2.04 acres which includes a sub-divided lot of approximately two-thirds of an acre that could be sold independently or separately developed. The property is zoned Residential 2 with some overlays of agricultural reserve and woodland reserve.

This substantial and stately Bermuda home was acquired by the current owners in the 1950s and has been well-cared for throughout their tenure. the main house features five bedrooms, three bathrooms, living room with fireplace, study, games room, dining room with fireplace and a modern eat-in kitchen. There are high ceilings and wooden floors throughout. The house was recently updated with new electrics, plumbing, windows, doors, kitchen appliances and cabinetry and the spit system air conditioning throughout the home is in excellent condition.

There is, in addition, a large workshop which houses the laundry and a powder room that is convenient to the covered dining terrace. On the Western side of the house is a two apartment dwelling that is in need of some refurbishment but which offers tremendous potential to enhance the value of the property.

The grounds at the property are excellent and offer significant diversity in terms of the vegetation with a variety of shade trees, citrus, palms and cedars. Measuring 2.04 acres in total, the property has been formally subdivided creating a 0.68 acre lot that could be developed or sold separately.

If you would like to take a personal look at this elegant property, please click the “make An Appointment” button on this page and we will be pleased to make the arrangements.

Facts

Type: Single Family Home
Bedrooms: 5
Baths: 4
Living Space: 3,000 sq. ft.
Acres: 2.04
Dwelling Units: 3
Floors: 2
Land Tax: $5,857
Zoning: Residential 2
Assessment Numbers: 2
ARV 1: $78,000
ARV 2: $11,400

Features

Laundry
Tray Ceilings
Security System
Ceiling Fan(s)
Major Appliances
Split System A/C
DSL Ready
Wood Floors
Tiled Floors
Cable Ready
Close to Beaches
Close to Schools
Close to Shops
Terrace
Close to Transportation
Balcony
Gardens
Storage Locker

Kitchen

15.5 x 12.0 ft.

No features entered.

Dining Room

18.5 x 12.0 ft.

No features entered.

Living Room

21.0 x 14.0 ft.

No features entered.

Bedroom

15.0 x 10.0 ft.

No features entered.

Bedroom 2

14.0 x 12.0 ft.

No features entered.

Bedroom 3

14.0 x 13.0 ft.

No features entered.

Bedroom 4

13.0 x 10.5 ft.

No features entered.

Office

14.0 x 14.5 ft.

No features entered.

Recreation

33.0 x 14.0 ft.

No features entered.

Laundry

18.0 x 14.0 ft.

No features entered.