September 2018 Update:  The The Élan Collection is longer an operating business.   For fractional ownership in the Caribbean, see affordable Caribbean real estate.    Similar projects such as Elan are Equity Residences and Equity Estates.

Original Article

The Élan Collection, a distinctive network of ultra-luxury shared interest vacation home ownership properties, is commencing priority sales reservations for its shared ownership opportunities in a private beachfront estate on the Turks and Caicos Islands in British West Indies. Priority sales reservation pricing starts at $1.25 million per deeded interest, but only on a limited basis.

Situated on Grace Bay Beach (voted among the top 10 beaches in the world by Condé Nast Traveler Magazine), The Coral House estate spans approximately 12,000 square feet and rests on nearly an acre of soft powder white sand beach. The luxury residence includes five bedrooms, a library, office, two living rooms, breakfast room, family room with a large flat screen TV, and formal dining room. Exceptional details, materials and furnishings can be found throughout the home, including coral render flooring with glass tile inlay; beautiful Brazilian hardwood doors; antique wrought-iron gates imported from France, Egypt and Saudi Arabia; and a unique blend of antique furniture and one-of-a-kind designer pieces. Created for true island entertaining, the residence features an outdoor covered breakfast nook, outdoor beachfront dining pergola and an expansive outdoor beach area for a table setting of 30. The property also boasts a one-bedroom guest cottage with its own private pool and garden; separate staff quarters with two bedrooms and a living area; and a stunning central courtyard filled with mature giant frangipani trees, bougainvillea, ferns and other lush landscaping. Constructed from coral stone blocks imported from Barbados, the residence celebrates the Barbadian Oliver Messell style of architecture with cedar-shingled roofs and copper gutters.

“The Coral House is a one-of-a-kind luxury Caribbean property, situated on one of the world’s best beaches,” said Stan Tonkin, vice president of international marketing and sales for The Élan Collection. “An estate of this caliber and stature simply cannot be replicated today on Grace Bay Beach. The Coral House will afford our Owner-Members with an unparalleled level of privacy, safe haven, peace of mind and serenity.”
Ownership interests in the Coral House will provide Élan Owner-Members with four weeks of exclusive use per year. As with all Élan properties, The Coral House includes a variety of A-list appointments and personal touches, such as a personally dedicated 24-hour concierge staff, travel accommodations, daily housekeeping, limousine services, luxury vehicle to use when in residence, personal watercraft, personal item placement inside the home and much more.

The Turks and Caicos, a territory of the United Kingdom, consists of two groups of more than 40 islands and cays, eight of which are inhabited. The island chain is renowned for its pristine white sand beaches, turquoise waters and legendary diving, snorkeling and fishing activities, as well as its upscale resorts that offer pampering with a splash of indulgence. Grace Bay Beach itself, with its 12 miles of curving beach, is home to the most exclusive resorts and hotels, spas and fine restaurants, yet still offers a sense of seclusion with stretches of uncrowded beaches.

About The Élan Collection
The Élan Collection combines the benefits of shared vacation home ownership with the advantages of a network of luxury destination resort properties across the United States as well as abroad. Owner-Members at The Élan Collection can select their “home resort” based upon lifestyle interests and preferences, but can also enjoy other Élan destinations within the collection through an exclusive Club Exchange Network. Owner-Members will experience unparalleled amenities and personal touches at each Élan property, such as 24/7 concierge services, travel accommodations, included private jet service, onsite luxury SUV and placement of personal items upon each visit. For more information, please visit