Caribbean MLSReal Estate

4-bedroom house in Water Island, Virgin Islands (U.S.)

Available on request

The brief

The reason to consider it.

Here is your chance to get into one of Water Island’s most coveted locations at an incredible value! Just a 2-minute walk from the white sand and turquoise water of Honeymoon Beach, 46-1 offers huge potential in a location that is nearly impossible to replicate.

The property features a 2-bedroom main residence, separate studio, and additional 2-bedroom end unit, with two kitchens and three bathrooms. Create the ultimate island family compound, live in one space while renting the others, or maximize the property’s impressive income potential. The current owner has had great success utilizing the property for both short- and long-term rentals, making this a proven investment opportunity with multiple ways to generate income.

Adjoining 46 REM (MLS 25-2273) is also available separately, with the seller open to a significantly discounted price for the purchase of both properties together.

Land
3,035 ft²
Interior
Available on request
Year built
Available on request
Property type
Available on request

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