Caribbean MLSReal Estate

0.77 Acre Waterfront Homesite in Mahogany Run

Not published

The brief

The reason to consider it.

Exceptional waterfront parcel within gated Mahogany Run, offering uninterrupted, panoramic views of Hans Lollick, St. John and the BVI. Positioned on the desirable north side for refreshing breezes, this property is perfect for a high-end private residence or a lucrative villa rental. Convenient paved-road access and only 2 miles to Magens Bay make this an outstanding combination of location, lifestyle and income potential.

Type
Land
Land
36,102 ft²
Zoning
R-3
Topography
waterfront
Permitted uses
Single family, Tourism

What this listing includes

  • Furnished
  • Beachfront
  • Ocean view
  • Gated community

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