The Experience

Think of Lost Key Lodge as access to your own private Caribbean islands. Accommodating 4 anglers maximum, Lost Key Lodge is like no other saltwater experience for the adventure angler. After breakfast and a beautiful boat ride we will reach the flats and start fishing. Like all great flats programs we will work through the tide at the optimum times and locations. In between tides can be an exciting experience whether it is monstrous barracudas or tricky triggerfish.

We gear everything towards your desires and you having a great and safe time. The fact is you will have untold miles of Cays to explore with your guides. Every moment of your vacation if precious and we will treat it that way.

While we are a sportfishing lodge first and foremost there are other things of great interest around these pristine Islands. The sheer number of fish will astound even the most seasoned explorer. Snorkeling can be almost overwhelming when one sees the volume and diversity of fish and live coral reefs. We do offer the opportunity for spearfishing if anglers so desire.

This is not DIY

Meet our Staff

I know deep in my heart that having a great staff to take care of our anglers is the key to people having a wonderful fishing vacation.  We will work extra hard to earn our guests repeat business now and in the future. The lessons learned over 20 years outfitting on Kamchatka will bear fruit.

Phicol and his immediate family place a high value on living a good life. Phicol is a straight shooter I am proud to work with him. Considering this is an entirely family business it will be with great pride we show our guests the Best the Bahamas has to offer.

Phicol Wallace

Owner and mechanic extraordinaire.  He runs Bahama Power and Light on the island and is a trained diesel, outboard and auto mechanic.

Quenton Smith

35 years guiding experience.  Born and raised on Long Island he is a magician and solid gold on the water and at the lodge.  A chef and incredibly talented human we are blessed to have him with us.

D’Marcio Wallace

Born and raised on Ragged Island, Phicol’s eldest child and a guide since 2021.  He is also a FAA certified pilot in our off season.

Lester Wallace

Born and raised on Ragged Island.  His sweet demeanor is a pleasure for you on the water hours.  A professional fisherman he can find the fish.

Terry Lockhart

Born and raised on Ragged Island.  We call him the Permanator and an incredibly fishy guide.

The Wallace Family with Quenton

11 and 10 generations on Ragged Island

Will Blair

Runs our sales office as well as advises on sight as often as he can be on the island.


"I travel at least two times a year for saltwater and have been involved in many operations around the world. The Jumento Cays are the last of the best in the Caribbean. A truly unspoiled fishery. ”

– Mike M, California, USA