Property in Harbour Island, Bahamas - Single Family Home in Eleuthera

Tabebuia Terrace is one of Harbour Island’s most graceful and charming historic homes. On prime Bay Street waterfront, this authentic colonial gem awaits restoration to its former glory. Built circa 1880’s with the best, rare, Abaco pine & cedar. Within the property’s handsome walls, a beautiful yellow-flowering tabebuia tree adorns the ample yard. A path from the Bay-facing patio leads to a marina-quality dock for boats up to 40 ft. House restoration estimates range from under $500,000 for no frills, to over $1+ million for a top-notch rebuild using an architect and skilled tradesman. The property can accommodate a pool & guest house, if desired. First floor: kitchen, dining area, living room, bathroom, and covered patio. Second floor: master bedroom, second bedroom, smaller bedroom or study, bathroom, and veranda. Third floor: unfinished for storage or sleeping bunks with harbour views. Tax exemptions possible if historic designation is applied for and approved. Held in an estate, with closing projected by mid 2026. Tabebuia Terrace is excellent value at today's price.