Caribbean MLSReal Estate

1.07 Acre Lot in Dreeket's Bay Estate

Not published

The brief

The reason to consider it.

Beautiful large lot with fantastic views in Dreekets Bay Estate. Amenities include common beach access, underground utilities, and paved roadways bordered by native stone walls. Comfortable breezes and moderate slopes. Road access from both sides of the lot makes this parcel a perfect building site. Buyer and seller should equally split Stamp Tax. Additional Info Easements: Of record. Restrictions: CCRs. Waterfront: N. Grade: Moderate. Road Assessment Year: 2026.

Last confirmed

Type
Land
Land
46,608 ft²
Zoning
R-1Residential
Topography
sloped
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Permitted uses
Single family

What this listing includes

  • Beach access
  • 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