Caribbean MLSReal Estate

Land/Vacant Land for sale at D4-l Lovenlund Gns, St. Thomas, VI

Available on request

The brief

The reason to consider it.

Rare offering in the gated Mahogany Run community. This parcel is an active construction site with approved plans and permits in place. Significant progress has already been completed, including the structural shell, cistern, power, septic, parking area, stairs, and pool footers and retaining walls poured. The property is approved for a two-dwelling residence, providing flexibility to continue the existing build and bring the project to completion.

Lots on either side are also available for purchase under MLS #25-1825. A unique opportunity to step into an advanced build within one of St. Thomas’s most desirable communities.

Last confirmed

Type
Land
Land
15,242 ft²
Build ready
Yes
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Mains drainage
Yes
Permitted uses
Two dwelling residence

What this listing includes

  • Pool
  • Gated community
  • 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

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