Caribbean MLSReal Estate

1 Acre Oceanfront Homesite in Peterborg, St. Thomas

Not published

The brief

The reason to consider it.

This one-acre oceanfront property features a spectacular perch overlooking Hans Lollik and the enchanting islands down the BVI chain. Located in the gated Red Rock enclave of Peterborg on the breezy north side of St. Thomas, you will be minutes from world-famous Magens Bay Beach.

Twenty minutes from the airport, 15 minutes to downtown, and just a few minutes to good restaurants and needed amenities. Combine your lifestyle with these dramatic Caribbean views and just think of the experience awaiting you from your custom-curated oceanfront home.

Last confirmed

Type
Land
Land
43,562 ft²
Zoning
R-1
Topography
hilltop
Permitted uses
Single family

What this listing includes

  • Beachfront
  • Ocean view
  • Gated community
  • On-site security

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