Caribbean MLSReal Estate

Unfinished 3BR/3BA Home with a Breathtaking View

Not published

The brief

The reason to consider it.

Opportunity awaits within the gates of the prestigious Mahogany Run! This home boasts panoramic views of the Atlantic Ocean and Magens Bay. Once complete the market value of this home is $1.6 Million.

With the first floor of the poured concrete structural shell in place, much of the heavy lifting has already been done—bring your vision and finish it to your exact specifications. The site offers ample space for a multi-bedroom layout, open-concept living, and generous outdoor areas including terraces, balconies, or an infinity pool.

*Seller to pay off COA Lien at closing.

Last confirmed

Year built
2019
Type
House
Land
19,601 ft²

What this listing includes

  • Ocean view
  • Terrace
  • Balcony
  • Infinity pool

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