Caribbean MLSReal Estate

Turnkey Peterborg Home & Vacation Rental with Views of Magens Bay

Not published

The brief

The reason to consider it.

This turnkey Peterborg home also functions as a vacation rental, boasting captivating views of Magens Bay. It is situated in a tranquil, gated neighborhood, marking it as one of St. Thomas’s most sought-after locations.

The home is thoughtfully equipped with 28 solar panels, a backup generator, a substantial 55,000-gallon cistern, and a poured concrete roof that is prepped for a potential second-story addition.

Inside, you will find high ceilings, large windows, a spacious kitchen, and air conditioning throughout. Offering ample space, privacy, and the potential for expansion, this property provides everything needed for comfortable island living.

Last confirmed

Year built
2000
Type
House
Land
29,073 ft²

What this listing includes

  • Solar power
  • Backup generator
  • Water storage
  • Air conditioning
  • Furnished
  • Gated community
  • 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