The Property-Group
The Finest In Bermuda Real Estate

 

Pegasus - Smith's
Condominium

This elegant home is situated in a commanding position overlooking South Shore and Harrington Sound. The house underwent total renovation and reconfiguration in 2003 resulting in a comfortable living space of approximately 6,000 sq ft. This property is ideal for entertaining and was rented as a diplomatic residence in 2003. Recently a courtyard addition was carried out enhanced by flowering trellises and rock gardens; a new cobblestone motor court was also added providing extra parking.

An entrance foyer leads into the entrance hall which then opens into a gallery spanning the front of the house facilitating access to all rooms. There is a living room with a fireplace, a formal dining room comfortably seating 16 guests and a spacious open plan kitchen and casual dining area with wet bar and family room which leads onto the pool deck. The 4th bedroom and bathroom are located on the main floor and can alternatively be used as an office or a study. The living, dining, kitchen and family rooms open into the courtyard and onto the pool deck. A dramatic 2 storey stair hall entrance leads to the upstairs bedrooms.

An impressive master suite is located on the upper floor measuring approximately 1,000 sq ft plus a guest suite of approximately 700 sq ft and a 3rd bedroom with bathroom. All rooms have balconies and dramatic water views.
Additional features include a spacious garage on the lower level of the house which can be accessed internally, a storage room suitable for use as a wine cellar, and a gardener’s toilet. Adjacent to the kitchen is a pool with pool house kitchenette, a bathroom with shower and an extra room suitable for conversion to an office. There are mahogany floors, central air conditioning and split systems throughout.

The house is sited on .779 acres with fruit trees and mature endemic shrubs and plantings. There is a deeded right of way to Harrington Sound shared with area residents.

In the current rental market the property will provide a return on investment in excess of 5%

$4,650,000 or for rent at $22,000 p/m

Please call Barbara (441) 505-9962 or barbara@property-group.com

Price: $4,650,000


HOUSE

AVAILABLE TO OVERSEAS PURCHASERS

LOCATION:
East End yes

Land Area   .779
Bedrooms   4
Bathrooms   4
Bathrooms En-suite   3

VIEWS:
Land/Water Views yes

GROUNDS:
Lawn yes
Garden yes
Fruit Trees yes
Mature Trees yes
Pool yes
Tool/Work Shed yes
Walled/Fenced yes
CLOSE TO:
Beach yes
Shopping yes
Bus/Taxi yes
Restaurants yes
Golf-Course yes

UTILITIES:
Electricity yes
Generator yes
Water Tank Size 2 very large t
Broadcast TV yes
Cable TV yes

SECURITY:
Security Lighting yes

AIR-CONDITIONING:
Central yes
Split Units yes
Selected Rooms yes
Reverse Cycle yes
Ceiling Fans yes
LAYOUT:
Number of Stories: 2
Dining Room 18' x 16' 6
Living Room 25' x 20'
Office/Den 18' x 18'
Master Bedroom 30' x 21'
Family Room 26' x 10'
Laundry yes
Patio/Terrace yes
Fireplace yes

KITCHEN UTILITIES:
Electric Stove yes
Fridge/Freezer yes
Dishwasher yes
Microwave yes
Standalone Washer yes
Standalone Dryer yes
Bar yes
Island yes

PARKING:
On Property yes
Garage yes
The Property Group Ltd, Nautilus House, 82 South Road, Warwick WK08, Bermuda • Tel:(441) 234-6900 • Fax:(441) 234-6892 • email
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