North Star , Hope Town, Elbow Cay, The Bahamas. - Hero Image
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North Star
Hope Town | Elbow Cay

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Farmhouse Living

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Jane Patterson
Jane Patterson
Presented At
$1,665,000
Bedrooms
2
Bathrooms
2
Living
1,100
SQFT
High Ceiling
Air Conditioning
Washer Dryer
Kitchen island
Gas Stovetop
Terrace
Pergola
Garden
Balcony
Fire Pit
Water View
Waterfront
Privacy
Panoramic / Scenic View
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North Star , Hope Town, Elbow Cay, The Bahamas. , Hope Town , Elbow Cay

North Star

North Star, Abaco Introduction Crafted by renowned Bahamian builder Floyd Albury, North Star is a traditional Abaco beach house that beautifully captures the artistry and heritage of the Albury family, famed for their masterfully built wooden ships. With exposed beams, pickled spruce interiors, and panoramic views of the sea, this unique residence blends classic craftsmanship with the relaxed charm of island living. Positioned on a ½-acre lot with more than 100 feet of shoreline, lush tropical landscaping, and room for additional construction, North Star offers not only a quintessential Bahamian retreat but also excellent potential for expansion and customization. Signature Features ½-acre lot with over 100 feet of direct shoreline Constructed by Floyd Albury, celebrated local builder 1,100 sq. ft. of interior space with exposed beams & open floor plan Two identical bedrooms one with en-suite baths, each offering privacy Southern bedroom with breezeway entrance for enhanced seclusion 2,500 sq. ft. wrap-around deck with pergola and built-in seating Western red cedar exterior, pickled spruce interiors, terra cotta tile floors Propane generator with automatic transfer switch Steps from North End Beach (Atlantic side) Access to boat dockage at nearby “Gans” dock, just minutes away by golf cart Interior & Design The home’s interior evokes the craftsmanship of a fine wooden vessel, with soaring exposed beams, natural wood finishes, and an airy open-concept floor plan. The living room, kitchen, and bedrooms flow seamlessly onto the expansive deck, creating a light-filled environment that celebrates both comfort and simplicity. Two identical bedrooms are located on opposite wings of the home; one has en-suite bathroom. The southern suite, accessible via a breezeway, enjoys added privacy, making it ideal for hosting guests or extended family. Outdoor Living North Star’s 2,500 sq. ft. wrap-around deck is the heart of outdoor living, designed for dining, lounging, and entertaining year-round. The deck includes a pergola, shaded sitting areas, a built-in fire pit, and comfortable seating nooks — all with sweeping water views. Whether enjoying the sunrise with coffee, evening cocktails under the stars, or afternoon gatherings with friends, this expansive outdoor space embodies the Bahamian lifestyle. Lifestyle & Location Located less than 100 steps from the secluded North End Beach on the Atlantic side, the property provides immediate access to one of Abaco’s most tranquil stretches of sand. For boating enthusiasts, the nearby North End “Gans” dock offers convenient boat dockage (including overnight stays), reachable within minutes by golf cart. Practicality is also built into North Star: a propane generator with automatic transfer switch ensures seamless comfort during power interruptions. Closing Combining traditional craftsmanship, a prime waterfront location, and thoughtfully designed living spaces, North Star is a rare offering that perfectly captures the spirit of Abaco. Whether envisioned as a private retreat, a vacation home with rental potential, or the foundation for future expansion, this one-of-a-kind property delivers timeless charm, modern comfort, and a lifestyle defined by sun, sea, and simplicity.

Gallery

3D Street View Tour

Map showing North Star , Hope Town, Elbow Cay, The Bahamas.

Property Location

North Star , Hope Town, Elbow Cay, The Bahamas., Hope Town Elbow Cay

Local Weather & Climate

Hope Town, Elbow Cay

Current Conditions Updated recently
75 °F
Few clouds
Feels Like 75°F
Humidity 75%
Wind 4 mph
Visibility 6.2 mi
Sunrise 11:19 AM
Sunset 11:15 PM
5-Day Forecast
Fri 13 Mar
Rain
High 78°
Low 75°
Sat 14 Mar
Rain
High 77°
Low 74°
Sun 15 Mar
Rain
High 76°
Low 75°
Mon 16 Mar
Rain
High 77°
Low 75°
Tue 17 Mar
Rain
High 77°
Low 73°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Hope Town?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Hope Town. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $166,500,000 20% down ($33,300,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$14,307
$14,307/day
Your home may appreciate while you sleep
$100,426/week $435,181/mo $5,222,167/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$91.6M
vs
OWN 📈 +$130.0M
$130.0M Potential Equity
vs $91.6M lost to rent over 10 years
$33.3M Down Payment Growth
3.9x
10yr
$130.0M
8.1x
20yr
$269.1M
12.6x
30yr
$420.5M
Wealth Comparison
×1,001
Equivalent to 1,001 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $420.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $196.1M +18%
Market $226.7M +36%
Optimistic $261.7M +57%
$130.0M est. equity
20 Years
Conservative $230.9M +39%
Market $308.8M +85%
Optimistic $411.2M +147%
$269.1M est. equity
30 Years
Conservative $272.0M +63%
Market $420.5M +153%
Optimistic $646.2M +288%
$420.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at North Star , Hope Town, Elbow Cay, The Bahamas features 2 bedrooms with 1,100 square feet of living space.
This property offers 1,100 square feet of living space.
This property is listed at $166,500,000, which equals $151364 per square foot.
Based on current market indicators, Hope Town shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Hope Town, Elbow Cay. The property is situated in an established neighborhood with convenient access to local amenities and services.
Jane Patterson

Jane Patterson

Bahamas Sotheby's International Realty

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