Sotheby’s Cayman home sale a record-breaker

The Peninsular, the highest priced single-family home ever recorded in the Cayman Islands, has recently been sold, with the sale conducted by Cayman Islands Sotheby’s International Realty agent, Nikki Broadhurst.

The property, a luxury, expansive estate spanning 1.75 acres within the highly sought-after Crystal Harbour gated community, was one of the most exclusive of all Cayman Islands real estate listings, with amenities to rival some of the world’s most prestigious properties, including a private granite and marble driveway, five air-conditioned parking garages, six spacious bedrooms, 10 bathrooms, a 45-foot Koi pond, a 700-bottle wine cellar and a separate 21-seat home theatre and bar - 25,000-square foot of sheer luxury.

Nikki’s achievement comes as Cayman Islands Sotheby’s International Realty, an all-female owned firm, positions itself as Cayman’s leading real estate agency for ultra-high-end properties, having also sold another property, Jambo, only slightly below The Peninsula’s record-breaking price, sold by agent Heather Carrigan. Cayman Islands Sotheby’s International Realty owner Sheena Conolly also broke records with her sale of Coconut Walk, the highest priced sale on Seven Mile Beach and, at the time of sale, this was the highest priced sale in this category. In fact, Cayman Islands Sotheby’s International Realty has sold/ listed the top three highest priced property sales in the Cayman Islands in the single-family residential category, making them a real estate force to be reckoned with.

Cayman Islands Sotheby’s International Realty also has the two highest priced single-family homes listed, with Cayman Islands Sotheby’s International Realty agent Heather Carrigan having the listing for Castillo Caribe and Jonathan Sparrow with Sea of Dreams.

Mrs Conolly attributed the stellar success of her company to its strict adherence to the Sotheby’s International Realty ethos: putting customer service at the very heart in all that they do.

“Sotheby’s International Realty operates under the promise to our customers that ‘Nothing Compares’,” she advised. “This is the fundamental promise we make to our clients, motivating everything we say, do and create. The expectation we set is that Sotheby’s International Realty is a service unlike any other, and we believe this has been the key to our outstanding success.”

As a group, Sotheby’s International Realty has achieved stellar success in 2020, with $150 billion in global sales volume and overseeing 24,000 Sales Associates in 75 countries and territories in 1,000 offices worldwide. Understanding the importance of connecting with their customers, Sotheby’s International Realty has developed a website that attracted more than 37 million visits in 2020, a record number for the brand. Last year visitors to the site perused 13 million videos, of which 90,000 hours were watched. They also connected via editorial placements, with 35,000 taking place in 2020, giving them a tremendous boost in reaching new prospective clients.

As a testament to the quality of their website, in May this year, Sotheby’s International Realty’s website sothebysrealty.com was named the Best Real Estate Website in the People's Choice Category in the 25th Annual Webby Awards, a huge honour for the company. The Webby Awards were presented by the International Academy of Digital Arts and Sciences, and is the leading international awards organisation honouring excellence on the Internet. The website was relaunched in 2020 to ensure they connected more successfully with a broader audience, and it now features translations in 14 languages, along with almost 60 currency conversions. The website is also mobile-friendly and employs engaging content through high quality video and photography.

“Our website reflects our ethos of bringing the best to our clients,” Mrs Conolly stated. “We understand that our clients are highly mobile and need accurate and informative content from wherever they are in the world. Our website gives them the confidence to make well-informed decisions in this fast-paced and competitive marketplace. We are delighted that our online efforts have been recognised by being awarded this prestigious accolade.”