Billionaire Chris Cline’s Private Islands and Compound in the Bahamas on the Market for $29.9M

Published: December 10, 2019 | By: American Luxury Staff

Chris Cline’s Bahamian islands came up for sale this month for $29.9 million. The property includes 9 islands in the archipelago; collectively, the islands measure 277 acres. Cline purchased the unusual property about five years ago with the intention of building a private resort for family and friends. He tragically died in a helicopter accident this summer before his dream could be realized.

The largest of the islands is Big Grand Cay. There are seven separate residences on the island, as well as guest and employee housing. The finest of the homes dates to the 1950s, and is constructed from coral stone. The other residences are scattered across the island; for transportation, a fleet of dune buggies and golf carts is included in the asking price.

Recreational amenities on Big Grand Cay include marinas, a dining room with a restaurant-grade kitchen, and a pool, as well as various sports courts. The other islands are easy day destinations, with coconut palms and local flora including a wealth of flowering plants.

Generators are included with the sale, making the property self-sufficient, and a unique business opportunity for the right buyer.

Cline was in the coal mining business. His company has more than three billion tons of coal reserves. His net worth was around $2 billion.

11324 December 10, 2019 Real Estate December 10, 2019