Bruce Willis has completed the sale of his beachfront retreat on Parrot Cay in Turks and Caicos for $27 million.
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Willis → complete → million
The deal is one of the highest property sales ever recorded in the Caribbean territory.
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deal → record → territory
Property records cited by the Los Angeles Times and Architectural Digest say the American actor bought the 7.3-acre site in 2000.
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actor → cite → 2000
Over the next four years, Willis turned the undeveloped land into a private compound with several homes.
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Willis → turn → homes
The property has more than 35,000 square feet of living space and decks.
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property → have → decks
Four years of custom construction
When Willis bought the 7.3-acre site in 2000, there was nothing built on it.
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Willis → buy → it
Architectural Digest reported that the actor spent four years managing the construction of three separate hardwood homes.
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actor → report → homes
The houses were built along 1,100 feet of white sand beach.
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houses → build → beach
It has six bedrooms, high ceilings, exposed wood beams and large glass doors that open toward the ocean.
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that → have → ocean
Two separate guest villas sit beside the main house.
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villas → sit → house
Each has two bedrooms and was designed to give family and friends their own private space.
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Each → have → space
Together, the three homes have 12 bedrooms and 14 bathrooms.
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homes → have → bedrooms
They cover 13,500 square feet of interior living space.
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They → cover → space
Covered verandas and outdoor decks add another large area, bringing the total usable living and deck space to more than 35,000 square feet.
Amenities and outdoor features
The property was designed for outdoor fun, privacy and time with family.
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property → add → family
Each of the three homes has its own swimming pool.
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Each → have → pool
A fourth pool was built for children inside a fenced play area.
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pool → build → area
Other buildings added during the four-year project include a beachfront yoga pavilion, a commercial-grade kitchen annex for full-service catering, and private quarters for staff.
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buildings → add → staff
The grounds also have a paved children's playground with a life-sized pirate ship.
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grounds → have → ship
"We fell in love with Turks and Caicos the moment we arrived," Willis and his wife, Emma Heming Willis, said in an official statement released through Sotheby's International Realty when the property was listed.
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property → fall → Realty
"The island gave us complete privacy and allowed us to create a space where our family could gather and grow together."
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family → give → space
Willis and Emma Heming Willis renewed their wedding vows at the estate in March 2019, shortly before the property was put up for sale.
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property → renew → sale
Record valuation and market impact
The property was first listed for sale in March 2019 for $33 million, according to the Los Angeles Times.
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property → list → Times
Turks & Caicos Sotheby's International Realty brokers Nina Siegenthaler and Joe Zavaglia handled the listing.
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Siegenthaler → handle → listing
Billionaire businessman Mark Ein, founder of Capitol Investment Corp., paid the final negotiated price of $27 million.
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Ein → pay → million
The regional record remained with a nearby estate on Grace Bay, which sold for $32.5 million earlier that year.
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which → remain → million
It can only be reached by a 35-minute boat ride from the main island of Providenciales.
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It → reach → Providenciales
Architectural Digest has reported that the island has long been a private retreat for wealthy residents because of its security and secluded location.
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island → report → security
The resort area, managed by COMO Hotels and Resorts, gives estate owners access to spa services, private dining and personal butler services.
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area → manage → services
The sale of the Parrot Cay compound was part of a larger effort by Willis and his family to reduce and reorganize their real estate holdings.
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sale → reduce → holdings
During the same period, the actor also sold several other properties, including an estate in Bedford, New York, and a ski chalet in Sun Valley, Idaho, as he moved his primary home to the West Coast.
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he → sell → Coast
The Aporia
