Melkonian Capital and RAL Companies Unveil $6M+ Ocean House Residences at Mandarin Oriental Grand Cayman
In a quiet enclave on Grand Cayman’s storied St. James Point, a new icon of Caribbean luxury is emerging. Ocean House, the latest residential offering from Melkonian Capital Management and RAL Companies, is set within the forthcoming Mandarin Oriental, Grand Cayman and designed by Reda Amalou, the acclaimed Paris-based architect behind AW2. This exclusive residential collection—comprising just 22 fully furnished two- to four-bedroom residences—marks a significant step in the evolution of design-forward oceanfront living in the Caribbean.
With prices starting at $6 million, Ocean House is not only one of the most ambitious residential offerings on the island—it’s also one of the most architecturally expressive. Blending organic materials with sculptural form, the project promises a tranquil yet modern living experience, all anchored by Mandarin Oriental’s legendary five-star service.
Architectural Vision: The Curve as a Gesture
At Ocean House, architecture isn’t just form—it’s function, lifestyle, and atmosphere. The design language begins with a curvaceous façade, purposefully conceived to echo the shoreline and soften the transition between built and natural environments. Each residence is defined by private wraparound terraces, allowing for a fully immersive experience in indoor-outdoor living—something not just expected, but demanded at this level of luxury.
“Every detail of Ocean House was designed to create a seamless harmony between the natural landscape and refined luxury. The curves and expansive terraces, as well as the use of organic materials, reflect our vision of blending contemporary elegance with the breathtaking surroundings of Grand Cayman.”
Reda Amalou, Designer of Ocean House
A Private Club Within a Resort Destination
Residents of Ocean House are afforded a lifestyle that is simultaneously private and richly serviced. At the heart of the enclave is the Ocean House Club, which features an oceanfront infinity pool, a social club room, and dedicated access to Mandarin Oriental’s collection of world-class amenities.
Upon arrival, a porte-cochère leads to a double-height lobby finished in oak millwork and limestone, signaling the thoughtful materiality that defines the entire property. Within each residence, limestone flooring, custom fluted oak cabinetry, and brass and marble detailing create interiors that feel less like hotel suites and more like a private architectural commission.
The primary bathrooms offer spa-caliber retreats with oversized soaking tubs positioned for direct views of the Caribbean Sea—a detail that quietly encapsulates the project’s design philosophy: understated elegance, expertly executed.
The Full Mandarin Oriental Experience
Slated for completion in Q1 2028, Mandarin Oriental, Grand Cayman is the brand’s first new-construction resort and residences in the Caribbean, and Ocean House plays a critical role in that debut. The resort includes 91 hotel rooms and the Beach House residences—a separate collection located atop the hotel—designed for those seeking a seamless transition between resort-style amenities and private homeownership.
Across the property’s 67 acres of tropical landscape, residents will have access to 2,700 feet of ocean frontage, including a 1,000-foot secluded crescent beach, an ocean-view spa and fitness center, multiple oceanfront dining concepts, and direct access to diving and marine recreation.
Ryan Melkonian, Founder and Managing Partner of Melkonian Capital Management, emphasized the vision:
“Ocean House exemplifies this vision, offering residents a seamless blend of innovative architecture, bespoke interiors, and Mandarin Oriental’s renowned service.”
Ryan Melkonian, Founder and Managing Partner of Melkonian Capital Management
Crafting a Rarity in Residential Design
In an era where luxury real estate must deliver more than square footage, Ocean House offers a turn-key living experience where every element—from cabinetry to concierge—is calibrated to anticipate the needs of today’s most discerning buyer.
“With the Ocean House, we set out to create a rarefied residential experience that captures the essence of ultra-luxury living. By collaborating with AW2, we’ve ensured that every aspect—from the grand entryway to the panoramic oceanfront terraces—gives a sense of refined elegance.”
Spencer Levine, President of RAL Companies
As Reda Amalou and his team at AW2 bring European sophistication to Caribbean terrain, the Ocean House reaffirms that the new gold standard of luxury lies not in ostentation, but in coherence, restraint, and purpose-driven design.
For more information on Ocean House and Mandarin Oriental Residences, Grand Cayman, visit MOResidencesGrandCayman.com.
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