Caribbean MLSReal Estate

0.24 Acre Homesite Lot in Red Hook, US Virgin Islands

Not published

The brief

The reason to consider it.

This 0.24-acre parcel comes with significant site improvements already in place, including a completed two-chamber cistern, septic and soakaway slab, and foundation walls. Whether you’re building your forever home or an income-producing property, this lot provides an excellent foundation to continue construction and make your vision a reality. Seller is willing to provide existing plans for the three bedroom home with two rentals.

Last confirmed

Type
Land
Land
10,452 ft²
Zoning
R-2
Build ready
Yes
Water
Yes
Electricity
Yes
Mains drainage
Yes
Permitted uses
Single family, Rental

What this listing includes

  • Water storage

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law