2 Bedroom Ocean-View Home for Sale, Rainbow Bay, Eleuthera, Bahamas

2 bedroom ocean-view home for sale in The Bahamas perched on a hilltop in Rainbow Bay, Eleuthera with sweeping Atlantic ocean views.

Ocean-View Home in Rainbow Bay

Perched on a hilltop in Rainbow Bay, Eleuthera, this 2 bedroom ocean-view home in The Bahamas offers sweeping Atlantic views, privacy, and the potential for expansion, making it ideal as a peaceful primary residence, vacation retreat, or income-producing rental.

Hilltop Retreat with Atlantic Views

Set on 0.5 acres along Signal Light Road in the quiet and desirable Rainbow Bay community, this charming island home provides 1,550 square feet of thoughtfully designed living space.

The main home offers 1,096 square feet with 2 bedrooms and 2 bathrooms, complemented by a utility room, a 450 square foot two-car garage, and an adjoining laundry room.

The open-plan great room features high ceilings that enhance the sense of space and light, while double sliding screen doors lead to 802 square feet of expansive patio space – perfect for entertaining or simply relaxing while taking in the spectacular sunrises and panoramic ocean views with a direct line of sight to James Point.

Room to Grow in Paradise

This property includes a second lot with elevations up to 135 feet, providing ample room for expansion. The beautifully landscaped grounds feature mature fruit trees and flowering plants that enhance the tropical atmosphere.

Practical amenities include split A/C units in every room, an office area with plenty of storage, a cozy fireplace, an outdoor shower, and a robust rainwater catchment system with a large 50,000-gallon cistern ensuring water security – a valuable feature for island living.

Community Advantages and Beach Access

The Rainbow Bay community offers excellent amenities with HOA fees of $250 for developed residential properties and $100 for vacant lots. As a homeowner, you’ll enjoy access to boat ramps, jogging paths, and pickleball and tennis courts.

Five stunning beaches, including the popular Rainbow Bay Beach, are all within walking distance or a short drive – perfect for swimming, snorkeling, kayaking, and more. The location provides a perfect balance of tranquility and convenience, with international airports, ferry terminals, restaurants, and shops just minutes away.

Island Living at Its Finest

With its elevated position offering breathtaking ocean views, spacious outdoor living areas, and potential for expansion, this Rainbow Bay home represents a unique opportunity in The Bahamas.

Whether you’re seeking a permanent residence, a vacation home, or an investment property in an established neighborhood, this versatile property delivers island charm with practical comforts.
Contact us today to arrange a viewing and experience the peaceful hilltop setting and spectacular Atlantic vistas that could be yours to enjoy year-round.