World-renowned sailor Jimmy Spithill is selling his house in Bermuda, with an asking price of $8.5 million.

The skipper of Oracle Team USA in June’s America’s Cup had bought the house at 62 Harbour Road, Warwick, after the team based itself on the island in 2015 ahead of the most prestigious event in sailing.

The 9,863 square-foot house is known as Coral Harbour and is on the market with Rego Sotheby’s International Realty.

It comes complete with five en suite bedrooms, a swimming pool, a boatable dock and an acre of mature gardens.

Penny MacIntyre, the selling agent, said yesterday that Mr Spithill and his family had originally rented a home when they first settled in Bermuda.

But he decided it made more sense financially to buy a place. And with the real estate market depressed at the time, prices were attractive and the purchase presented an investment opportunity.

“Mr Spithill decided to make best use of his money as an investor and a businessman and on our advice acquired property here,” Ms MacIntyre said.

“He viewed several properties. We sold him Coral Harbour, which had been on the market for about ten years and was the longest listing we had.

“He was able to make a homestead there. His children integrated into the community and it offered him and his spouse a great platform to entertain during the America’s Cup campaign.

“They don’t need such a substantial residence now, as they will be travelling extensively. But they do feel the need to continue to be connected to Bermuda and will continue to look at opportunities to be here.

“So we’ve brought this house to market this week. It has five en suite bedrooms, a cottage, pool and a dock you couldn’t build today.

“The beauty of the dock, if you’re a sailing or boating aficionado, is that Jimmy took the great effort to ensure it was set up for the conveniences of a pro athlete.

“It’s a house that is in even better condition than when he acquired it. He has ensured everything in there is state of the art and working. It’s been lived in, loved and is ready for the next owner.”

She added that the Spithill family had got to know their neighbours and loved living there. And they intended to return to Bermuda when they had the chance.

Mr Spithill was an America’s Cup winner with Oracle twice, in 2010 and 2013, but Emirates Team New Zealand got the better of his crew to triumph in this year’s event, contested on the Great Sound.

For more information about Coral Harbour, go to the Rego Sotheby’s International Realty website at www.regosothebysrealty.com