Caroline Bay and Bermuda Real Estate Rich in History

CAROLINE BAY, BERMUDA

Bermuda has long attracted visitors to its pink-sand beaches and perpetually sunny climate, making it the ideal island getaway year-round. Just a mere two-hour flight from the US east coast, and a seven-hour direct flight from the UK, the fishhook-shaped archipelago sits quietly in the middle of the Atlantic. Once a major trading hub, in the 1950s and 60s Bermuda transformed into a luxurious vacation spot for the East Coast elite. As developments waned in light of more lucrative industries, including insurance and banking, the Caribbean seemingly stole away the glitterati.

But they are now back, partly thanks to the high-profile America’s Cup, which took place along Bermuda’s shores in 2017. Since then the island has made a significant comeback, welcoming not just the American jet set, but travelers from all over the world to discover an island that offers a rich history, friendly locals and a stunning coastline. On the island’s west end, the most talked-about new development is the Ritz-Carlton Reserve at Caroline Bay. The first ultra-luxury development with branded residences in Bermuda, the 182-acre site sits on a long, narrow point that separates the secluded Little Sound from the Great Sound.

Perfectly well placed for residents and guests to engage in all manner of water activities, from yachting to kayaking to paddleboarding, Caroline Bay was used as a home base by Artemis Racing, Swedish America’s Cup team, for their training throughout the event. Formerly named Morgan’s Point, the reclaimed land has played an important role in
Bermuda’s rich aviation history and was once used as a naval base.

Along with the luxury Ritz-Carlton Reserve boutique hotel and spa (opening 2020), restaurants, and a superyacht marina, the high-end branded properties include two, three, and four-bedroom residences ranging from 2,000 to 3,200 square feet. Bedrooms feature terraces, while retractable glass walls overlook Little Sound and Great Sound, and plunge pools and outdoor entertaining areas allow for alfresco living throughout the year. Prices range from $3.2 million up to $5.8 million for the four-bedroom penthouses.

Designed with a nod to British Colonial architecture, the residences are contemporary and sophisticated throughout, fully embracing Bermuda’s casually elegant lifestyle. Residents will enjoy special privileges at the Ritz-Carlton Reserve resort, including access to the fitness center, restaurants, bars, kids’ club and residents-only lounge. The Cove is the first phase of construction, consisting of five identical buildings, each offering seven units. The first building has been handed over to the developer, and the remaining are to be turned over sequentially as completed. Current plans call for 179 residential properties in total.

For further inquiries pertaining to the Ritz-Carlton Reserve Residence, Caroline Bay, please contact Vice President of Sales Jeff Manier at (441) 707-7425 or email via jeff@carolinebayrealty.co