1.02 Acre Development Lot Mahogany Run, St. Thomas
Not published
35 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Rare offering in gated Mahogany Run: 3 separate lots totaling 1.02 acres, each with its own tax ID.
The middle lot is an active construction site with permits and plans; shell, cistern, power, and septic are in place.
Each parcel is approved for a two-dwelling home, giving multiple options: continue the current build and keep the other two lots for privacy, develop additional homes for resale or rental, or sell one or more parcels individually. A unique investment in one of St. Thomas’s most desirable communities.
Last confirmed
- Type
- Land
- Land
- 19,601 ft²
- Zoning
- R-3
- Topography
- sloped
- Build ready
- Yes
- Subdivision approved
- Yes
- Water
- Yes
- Electricity
- Yes
- Mains drainage
- Yes
- Permitted uses
- Single family, Duplex, Tourism, Boutique hotel
What this listing includes
- Furnished
- 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
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
