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A49 Balmoral vacant lot in Prospect Ridge, Nassau
Sold — $280,534
Home/Sold/A49 Balmoral

A49 Balmoral

Balmoral, Prospect Ridge — Nassau, Bahamas
$280,534 Land · Vacant Lot MLS 61835 Sold July 2026

Two lots, one day, one agent

The client owned two adjacent lots in Balmoral — A49 and A50 — and wanted to sell them as a portfolio transaction. The objective was straightforward: find buyers for both parcels and close them efficiently, ideally in tandem. Portfolio deals require coordination that single-property transactions do not — aligning two sets of buyers, two sets of attorneys, and two sets of closing timelines.

I handled both transactions from listing through closing, structuring the marketing to appeal to buyers seeking gated community land in the sub-$300K range. The result was a same-day dual closing — both lots sold, both deals done, and the client able to move on from the portfolio in a single coordinated exit.

This kind of bulk transaction is where experience in managing multiple concurrent deals becomes a genuine advantage. It is not simply about selling two properties — it is about selling them in a way that minimizes the client's time, legal costs, and exposure to market shifts between closings.

Gated community living in Prospect Ridge

Balmoral is a well-established gated community in Prospect Ridge, one of Nassau's most central western neighbourhoods. The development features a mix of townhomes and single-family residential lots, all within a secured perimeter with controlled access. For buyers seeking land in Nassau, a gated community lot offers something that standalone parcels often cannot: existing infrastructure, predictable neighbours, and community-maintained common areas.

Lot A49 sits within this framework — a vacant residential lot with access to paved roads, underground utilities, community security, and the broader Prospect Ridge amenities. The location puts residents within easy reach of the major commercial corridors along JFK Drive and Blue Hill Road, while maintaining the residential character that draws families to gated communities in the first place.

Balmoral offers turnkey infrastructure — paved roads, security, utilities — in a central west Nassau location. For buyers, that means building on a lot where the groundwork is already done.

The appeal of a lot like A49 is its readiness. There is no need to negotiate easements, run utility lines, or build access roads. A buyer purchases this lot and begins planning construction immediately, within a community that already has an established character and property value trajectory.

Gated community lots are increasingly scarce

The market for gated community lots in Nassau has tightened considerably in recent years. As established communities like Balmoral, Charlotteville, and Westridge mature, the supply of available vacant lots within them continues to shrink. Most of these communities were developed with a fixed number of lots, and as construction fills them in, the remaining parcels become proportionally more valuable.

Sub-$300,000 lots in gated communities are now increasingly rare in Nassau. Buyers who five years ago might have had multiple options in this price range now find themselves competing for a smaller pool of available parcels. This supply dynamic works in favour of sellers who hold remaining inventory — provided the pricing reflects what the market will support rather than aspirational numbers disconnected from comparable sales.

Balmoral's position in Prospect Ridge adds a location premium. The community is neither on the far eastern nor far western fringe of the island. It sits in the practical centre of Nassau's residential belt, which makes it attractive to a broad range of buyers — from young families building their first home to investors assembling land positions for rental construction.

Dual closing, same-day execution

A49 Balmoral closed at $280,534 in July 2026, alongside its sister lot A50 at $293,430. Both transactions completed on the same day — a combined portfolio value of approximately $574,000 in dual closings handled by a single agent.

Same-day dual closings are not a matter of luck. They require deliberate coordination: aligning buyer financing timelines, synchronizing attorney schedules, ensuring that neither transaction creates a dependency that could delay the other. The client's objective was a clean, simultaneous exit from both lots, and that is exactly what was delivered.

$281K Sale Price
2 Lots Same Day
2026 Year Sold

If you hold multiple lots or properties and are considering a portfolio sale — or if you are looking to acquire land in one of Nassau's gated communities — I bring the coordination, market knowledge, and deal management required to execute multi-property transactions cleanly and on schedule.

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Adelaide Beach Estates — 22 acres of beachfront development land near Albany, sold by Aaron Davis Sold

Adelaide Beach Estates

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