Bahamian island for sale at $22m

Published On:Monday, April 11, 2011

A BAHAMIAN private island in the Exumas chain has been listed for sale for $22 million. According to the Wall Street Journal, the sellers are Steve and Patrick Harrington, two Miami-based brothers.

The island, which includes a 4,000-square-foot-house, has two miles of coastline and 145 acres of land, the newspaper said.

It is five minutes by boat from Great Exuma, and includes the likes of David Copperfield and Tim McGraw and Faith Hill as neighbours and fellow private island owners.

The brothers, who purchased the island in 2006, said they are selling to finance the development of several other islands. “We’ve taken an investment-banking approach to buying up trophy properties in the Bahamas,” they said.