3.26 Acre Lot at 19 Water Island Ss
Not published
19 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Water Island is just 1/2 mile off the southside of St. Thomas but feels lightyears away, conveying a feeling of how a Caribbean Island is meant to be. It is quiet and serene where everyone truly functions as a community. Your mode of transportation around Water Island typically is a golf cart.
This incredible 3.26 acres site zoned W-1, above Flamingo Point, has remnants of a former hotel. The plans and permits reimagine it as a boutique hotel with a bar and restaurant.
Water Island is the smallest of the four main U.S. Virgin Islands, measuring approximately 491.5 acres (roughly 0.77 square miles). It is about 2.5 miles long and varies from 0.5 to 1 mile in width, located in the Charlotte Amalie harbor just south of St. Thomas. There are less than 300 people who live full time on Water Island, and the typical mode of transportation is a golf cart. The Department of Interior owned and managed Water Island from 1950 until it was transferred to the Government of the US Virgin Islands in December 1996. People who lived there and had built homes did not own their land until 1996; rather, they leased land from the Department of Interior. Now land is owned in fee simple as in the other 3 US Virgin Islands.
Last confirmed
- Type
- Land
- Land
- 142,008 ft²
- Zoning
- W-1
- Topography
- waterfront
- Permitted uses
- Boutique hotel, Bar, Restaurant
What this listing includes
- Ocean view
- Restaurant or bar
- Parking
- 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
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
