Caribbean MLSReal Estate

9BR multi-family villa Millionaire's Hill

Not published

The brief

The reason to consider it.

Goodbye cold! Hello ‘America’s Paradise’! Nestled blocks from St. Croix’s main waterfront and boardwalk on prestigious ‘Millionaire’s Hill’, this stunning 18th century U.S. Virgin Islands estate in downtown Christiansted offers warm winters and breathtaking panoramic views of the turquoise waters of Christiansted Harbor and the Caribbean Sea.

The historic ‘Coff House’ features a 4000SF villa with 8 bedrooms and 6 baths, plus 3 additional cottages. Enjoy it as 8 income-producing rental units, a multi-family vacation/retirement home, or convert it back to a grand single-family dream home. Beautifully restored and upgraded, the surrounding neighborhood is currently undergoing a vibrant renaissance, including the restoration of historical buildings, the development of a new boutique hotel, and a marina just two blocks away. The Christiansted Boardwalk nearby features charming restaurants, shops, and a beach just a short taxi boat ride away. This property is poised to become a focal point in a thriving, revitalized community.

Last confirmed

Year built
1900
Type
House
Land
6,092 ft²

What this listing includes

  • Furnished

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