0.56 Acre Lot in Virgin Grand Estates
Not published
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Nice views over Cruz Bay from this .56 acre parcel located in Virgin Grand Estates. This lot features paved roads, underground utilities, and protective covenants & restrictions.
This parcel abuts 2 estate roads, offering flexibility for an uphill or downhill build.
Buyer and Seller to equally split the costs of the transfer stamp tax. There is a $1,000 initiation fee to the Homeowner’s Association.
Last confirmed
- Type
- Land
- Land
- 24,445 ft²
- Zoning
- R-2Residential
- Topography
- sloped
- Subdivision approved
- Yes
- Electricity
- Yes
- Permitted uses
- Single family
What this listing includes
- Ocean view
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
Cost of entry
The asking price is not what it costs.
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