Caribbean MLSReal Estate

5 Bed Waterfront Villa in Peterborg, US Virgin Islands

Not published

The brief

The reason to consider it.

This spacious 5-bedroom, 5.5-bathroom home, situated on two parcels of Magens Bay waterfront property, offers direct access to the pristine waters of Magens Bay. The property spans over 1.3 acres and includes a detached cottage and a dip pool. Enjoy breathtaking sunsets from the expansive deck area. The unimproved parcel presents an opportunity for additional structures, a second single-family home, or the creation of a cohesive compound. This is a rare chance to acquire a substantial waterfront tract in the exclusive Estate Peterborg.

Last confirmed

Type
Villa
Land
57,382 ft²
Year built
Available on request

What this listing includes

  • Pool
  • Beachfront
  • Furnished
  • Ocean view

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