Emerald Cay, a private island in the Turks & Caicos Islands was for sale last year at $75 million. Now you can get this incredible property for $48.5 million.

This unparalleled 27,000 sq. ft. mansion is a luxury hideaway that is accessed via a remote-controlled swing bridge and a Turkish marble driveway.

Emerald Cay features its own guest house, as well as a 'floating' tennis court, a swimming pool, a gym, a state-of-the-art movie theatre, three-storey library and a wine cellar big enough to hold 8,000 bottles.  

There is also a man-made sandy beach and several docks to accommodate your collection of private yachts.  

The island is on over two acres sits surrounded by turquoise water and white powder beaches and  boasts stunning views of Chalk Sound National Park.

"Life's short - but your quality time doesn't have to be, says Lyle Schmidek, owner/broker of the Christie's affiliate for the Turks and Caicos Islands who has listed this home "

Images ©2009 Vladi Private Islands