Exciting Future Development Opportunity on Drake’s Island: Luxury Hotel, Ghosts, and History

Drake’s Island, a six-acre island off the Devon coast, is not your typical piece of real estate. Complete with a private beach, fortifications, planning permission for a luxury hotel, and reportedly 15 resident ghosts, this unique property has recently been put up for sale.

The island, just 600 yards from Plymouth, has a rich history as a military defence site for hundreds of years. From 18th-century cannons to old barracks and artillery batteries, Drake’s Island is a treasure trove of military history waiting to be explored.

Current owner Morgan Phillips, a local businessman, purchased the island in 2019 for £6 million and has been working on securing consent for a 43-bed hotel. With renovation costs estimated at around £25 million, the potential for development on Drake’s Island is immense.

The proposed plans for the island include converting outbuildings into bedrooms, creating a wedding venue, and potentially adding a restaurant or café. Ali Rana from property consultants Carter Jonas, who is leading the sale, believes that with the right vision, Drake’s Island could become something truly special.

But potential buyers should be aware that they may not be alone on the island. With reportedly 15 resident ghosts, all former military men, Drake’s Island has a reputation for paranormal activity. According to Mr. Phillips, these ghosts are here to protect the island and its inhabitants, adding an extra layer of intrigue to the property.

Whether you’re a history buff, a paranormal enthusiast, or a savvy investor looking for a unique opportunity, Drake’s Island has something for everyone. With its rich history, stunning views, and potential for development, this island is truly a one-of-a-kind property waiting for the right owner to bring it to its full potential.