Jay Margulies of Sierra Sotheby’s International Realty Brings Buyer for $20.25 Million Turks & Caicos Escape

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June 29, 2021
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July 2, 2021

We are proud to announce Jay Margulies of Sierra Sotheby’s International Realty recently brought the buyer for the $20.25 million Turtle Tail Estate in Providenciales Turks & Caicos. The seller was represented by Nina Siegenthaler and Joe Zahm of Turks & Caicos Sotheby’s International Realty.

Turtle Tail Estate is a dynamic, spectacular villa compound, combining the personalization of a custom home with the amenities of an ultra-luxury resort. Elevated on a magnificent private 4.57-acre peninsula all its own, Turtle Tail Estate has welcomed a myriad of high-profile international travelers.  Masterfully executed on an architectural and interior design level in every sophisticated detail, the property also provides unparalleled infrastructure, multiple pools, and even includes a commercial kitchen.

Imagine a true escape from the outside world. This compound boasts approximately 10,000 internal square feet.  Accommodations include a 5 bedroom main house, as well as a fully independent 2 bedroom guest cottage, with on-site staff living and accommodation in the guardhouse.

The new homeowners will never experience a dull moment with breathtaking, panoramic water frontage and an adjacent 75’ private dock for yacht mooring. Other unique features include an expansive wrap-around infinity-edge pool with LED lighting, multiple outdoor lounge and daybed areas, fire-pit daybed pavilion, an outdoor pizza oven, movie theatre, game room, wine cellar, fully equipped gym, spectacular ocean-facing office, fully integrated smart control system and new top-of-the-line audiovisual system, and so much more.

This transaction was made possible through the global network only Sotheby’s International Realty can provide.

“Because of the worldwide reach of Sotheby’s International Realty I have also been able to work globally and recently closed this transaction in the Turks and Caicos by working directly with the Sotheby’s affiliate, Turks & Caicos Sotheby’s International Realty and Nina Siegenthaler, Vice President of the brokerage,” said Jay Margulies

He said the ability to work with such talented and professional brokers made the transaction a five-star experience for all involved. “Together, we were able to provide a successful and seamless purchase for my clients, he added. “Traveling internationally to show properties while working with a Sotheby’s partner is an experience I look forward to doing again.”

Jay Margulies is based in Incline Village, NV in beautiful Lake Tahoe, but accredits Sotheby’s International Realty’s global affiliates and superior networking for making this transaction possible and finding his clients their dream home.

“My thanks and appreciation for the great team of professionals that bring to life the brand Sotheby’s International Realty and having their support as a Global Real Estate Advisor was the key ingredient to a successful transaction,” Margulies said.

Margulies & Associates can be reached at 775.772.1756 or by email at [email protected]

We are proud to announce this transaction was featured in the latest edition of Sotheby’s International Realty May 2021 Significant Sales.

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