Caribbean MLSReal Estate

Homesite 1.02 Acre Lot in US Virgin Islands

Not published

The brief

The reason to consider it.

OWNER FINANCING CONSIDERED! This is one of the few hurricane-damaged homes remaining. It features a flat, graded driveway, slab, and cistern. The existing walls can be retained if you wish to keep the original footprint. This acre of land offers potential for building a family compound or an income-generating property. Enjoy great views from this lovely parcel.

The previous 2-unit family home was damaged in hurricane Marilyn in the 1990s. The main house would be a walk-in level restoration project. Bring your contractor and restore this home to its former glory! There is ample road frontage, offering possibilities for a lower driveway or subdivision into 1/2-acre parcels. A path has been cleared to the house. EVERYONE MUST SIGN A LIABILITY WAIVER. See Documents for waiver. NO CHILDREN ALLOWED ON PROPERTY.

Last confirmed

Type
Land
Land
44,476 ft²

What this listing includes

  • Water storage

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