Written by 9:15 am Art

Sunset Cove and Rainbow Room to go to auction in hot Bahamas market

NASSAU, BAHAMAS — With The Bahamas placing second in numbers only to Florida in the frenzy to relocate, a phenomenon that’s driving eager sellers to hunt the widest possible marketing database, a small resort on Eleuthera has succeeded in nabbing the world’s largest auction firm to handle the sale of its 3.5-acre seaside property.

Sunset Cove & Rainbow Room.

The historic Rainbow Inn, renamed Sunset Cove and Rainbow Room, announced it has landed Concierge Auctions for the worldwide marketing and online auction that may open for bidding January 21 and run until the twenty seventh.

Concierge is working with the mother-son team of Tamina and Lex McKinney of the local firm Graham Real Estate with headquarters in Nassau, Bahamas.

That is the third Eleuthera property within the Concierge book in lower than one yr, but the primary since Concierge, itself the most important luxury real estate auction marketplace on this planet, became a part of the world’s premier destination for superb art and luxury goods, Sotheby’s, and the most important full-service residential real estate services company in america, Realogy Holdings Corp.

Sunset Cove & Rainbow Room.

Asking price is $3.68 million.

When the location goes live for viewing on December 17, interested parties will see the boutique resort with panoramic views, waterfront restaurant, pool, seven fully renovated suites, 4 classic cottages and two-bedroom houses, making a total of 14 bedrooms and 12 bathrooms unfolded in a park-like setting with mature trees and plush landscaping.

The restaurant, with its famed wood brick pizza oven, seats 85 with a well-liked terrace setting that comes alive with local bands on special nights large enough for an additional 52.

In-built 1970 with only three sets of homeowners over half a century, the inn and restaurant rank #1 on TripAdvisor for Eleuthera within the B&B category.

Sunset Cove & Rainbow Room.

Its proximity to Governor’s Harbour Airport to the south and the quaint and charming hot spots of Harbour Island and Spanish Wells to the north make it a convenient location.

Tours and excursions in the world include swimming with the pigs, a seek for treasure in pirates’ cove at Hatchet Bay and nearby beaches.

Concierge said the Eleuthera property auction would enjoy exposure to Concierge’s comprehensive database, reported to be the most important of high-net-worth property connoisseurs on the planet, and its reach to major publications.

Its listings have been featured in The Wall Street Journal, New York Times, Fortune, CNBC and most international property publications.

Graham Real Estate can be going to feature it prominently on its website and on signage.

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