Perched atop one of Rainbow Bay’s highest elevations at 138 feet, this prime hilltop lot offers panoramic double ocean views - capturing both the turquoise waters of the Atlantic Ocean and the serene bight side of Eleuthera. A rare find, this property already features an unfinished 50 x 20 ft structure with the potential for a 1,500 or 2,000 sq ft, 3-bedroom, 2-bathroom home, allowing you to bring your dream island retreat to life on your own terms. The floor plan can also be configured as a 1 or 2-bedroom home on one side, with a garage and guest quarters on the other side. It can be a second home, or an income producing investment, or both! Changes to existing construction plans will need to be presented to The Rainbow Bay Property Owners Association and Ministry of Works. Property Owners Association fees are $250 a year. The structure is presently built off the grid of durable concrete block construction with pre-installed conduits for air conditioning, a generator, and solar power. Additionally, provisions have been made for covered water storage tanks beneath the living area