Hollywood Legend’s Estate Goes up on the Block

Tuesday, 28 Jan, 2008 0

Port Antonio, Jamaica — The Caribbean getaway of Hollywood icon Errol Flynn, the man who defined the term “swashbuckling,” is now available as a resort development opportunity.

Patrice Wymore Flynn, widow of the late Hollywood legend, has hired the services of real estate firm Newmark Knight Frank Capital Group to market the “Errol Flynn Estate”, a private tropical paradise located on the northeastern coast of Jamaica, just southeast of Port Antonio.  It has a guide price of USD$50 million.

The property comprises more than 1,600 acres and links the foothills of Jamaica’s Blue Mountain range with 3.5 miles of coastline on the Caribbean Sea. The waterfront is accented by intimate cove beaches, untouched coral caves and magnificent bluffs. The topography of the terrain is equally diverse, as long stretches of pasture land along the coast lead to the mountains. With elevations ranging from 200 feet to 1,000 feet, the interior of the property offers unobstructed panoramic views.

The property has a unique history. Errol Flynn fell in love with the charm of Port Antonio when he accidentally washed ashore in his yacht in 1946. After introducing the area’s splendor to his wife Patrice Wymore Flynn (who still resides on the property), his Hollywood contemporaries, and other social magnates from around the globe, Port Antonio quickly became one of the most desirable destination getaways for the elite. Before long, the town became a playground for Flynn and his Hollywood intimates, a group which included Noel Coward, Ian Fleming, Sir Lawrence Olivier, Katharine Hepburn and a host of others.

The national elections, held on September 3, 2007, opened up significant opportunity for development in the region. The newly elected Jamaica Labour Party government has a pro-growth agenda and is committed to a policy that seeks to expand tourism beyond traditional areas and develop the high-end part of the luxury accommodations market.

This opportunity is supported by a growing tourism market in Jamaica. The Caribbean Tourism Organization estimates some 22.3 million tourism arrivals during 2006, reflective of a 13.5 percent increase over 2005 and making this the most successful year ever for Jamaica.

Meanwhile, the number of scheduled flights to Jamaica from the US increased 16 percent in 2006, while flights from Canada grew by 20 percent.

The country has embarked on major efforts to upgrade its infrastructure by constructing new highways, and expanding existing roads, marinas and airport facilities.

Among these new projects is the recent transformation of the marina at Port Antonio. Renamed the Errol Flynn Marina after the town’s celebrated resident, the renewed marina targets a growing clientele of luxury yacht owners. Among the amenities is Norma’s restaurant, whose “Jamaican food done up in a New York style,” was recently praised by The New York Times.

Report by Chitra Mogul



 

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Chitra Mogul



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