Caribbean MLSReal Estate

2.59 Acre Lot in Dreeket's Bay Estates

Not published

The brief

The reason to consider it.

SPECTACULAR 2.59 ACRE RIDGE TOP PARCEL.

Magnificent water views across Newfound Bay to the NE and Hansen Bay to the SW. This 2.59 acre lot is located in St. John’s premier development ”Dreeket’s Bay Estates” which boasts spectacular BVI views, multicolored turquoise waters, wonderful breezes, unsurpassed quality paved concrete roads (and 2 community cisterns) with underground utilities, all bordered by tasteful, traditional island stone walls and lush plantings.

The subdivision is well planned with buffered privacy between parcels and thoughtful covenants and restrictions in place to promote maximum enjoyment for residents. Just 8 minutes from Coral Bay, this location offers pristine East End vistas that are worlds away from the hustle and bustle of urban life.

Last confirmed

Type
Land
Land
113,021 ft²
Zoning
R-1 Residential
Topography
hilltop
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Internet
Yes
Permitted uses
Single family

What this listing includes

  • Ocean view
  • On-site security
  • 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