Walker's Cay Private Island
Bahamas
- Executive Summary
Walker’s Cay is the northernmost island of the Bahamas — a private 100-acre island perched on the edge of the Little Bahama Bank, just 30 minutes from Palm Beach by air. Long revered as one of the world’s foremost sport fishing destinations, the island is now being redeveloped as an ultra-luxury private island resort and branded residence community. With completed infrastructure, government-backed concessions, a fully permitted master plan, and $110M already committed by the founding owners, this is an opportunity to co-invest in one of the Caribbean’s most compelling development plays.
The Opportunity
• Irreplaceable private island location — the gateway to the Bahamas, 90nm from Fort Lauderdale and accessible by private jet, charter aircraft, or yacht to a 200-ft capable marina.
• Infrastructure already in place — 84-slip world-class marina (completed 2022), 2,800-ft private runway with on-site customs and immigration, 2MW power plant, and 100K gallons/day water plant. Significant development risk has already been eliminated.
• Government-backed competitive advantages — 2018 concession agreements granting duty-free imports, tax exemptions, and full development rights, in a jurisdiction with zero income, capital gains, or inheritance taxes.
• Record Bahamas market momentum — visitor arrivals hit 11.22 million in 2024, a historic high. Stopover visitor spend averages $2,800 per stay, up 25% year-on-year, underpinning strong pricing power for ultra-luxury positioning.
• Experienced ownership and advisory team — founders Carl and Anne Allen have invested $110M in land and existing assets. The project is managed by Allen Exploration with CIO Preston Paine (30+ years at Morgan Stanley) and advised by Luxury Hospitality Advisors.
Product Mix
• 18 beachfront resort pool villas (1–3 bedroom) operated under a major global luxury brand, opening January 2029
• 18 branded private residences — 4, 5, and 6-bedroom fee-simple villas on 0.80-acre oceanfront lots, fully integrated into the resort rental pool
• 54 marina slips accommodating yachts up to 200 ft
• Private members club with founding, real estate, and exterior membership tiers
• Full resort amenity program including multiple F&B venues, a Wellbeing Sanctuary, sport fishing tournaments, diving, watersports, and curated cultural programming
Financial Summary
• Projected IRR: 42% (leveraged)
• Equity multiple: 4.5×
• $149M net sales revenue from branded villas and dockominiums
• $96M projected operational income over 8 years (hotel, villa rental pool, marina)
• $403M total projected revenue against $259M in development costs
• $144M projected development profits
Investment Ask
Walker’s Cay Land Holdings Ltd is seeking $70M USD in new equity, to be funded on a draw schedule as a combination of debt and equity (or equity alone). This sits alongside $110M in existing owner equity, with remaining capital drawn from real estate presales proceeds. Preferred return and SPV ownership structure to be agreed with the incoming capital partner.
Advised by Luxury Hospitality Advisors · Sponsored by Walker’s Cay Land Holdings Ltd · All financial projections are forward-looking and subject to change.
This is a unique chance to participate in the rebirth of a legendary private island, supported by a proven development team and a commitment to high-barrier-to-entry, ultra-luxury hospitality. Specific property details are available upon receipt of an NDA. For more information, contact Teresa Holden at Teresa@LuxuryHospitalityAdvisors.com.