Caribbean Cottages for Sale in Coral Bay, St John, US Virgin Islands

Two Adorable & Affordable Caribbean Cottages

Take advantage of a slow market and get a true bargain at this new, low price! A great opportunity to own a home (and/or business) on beautiful St John, the jewel of the USVI. Walk to the beach too!  

These two meticulously mainitained Caribbean cottages are nestled into a professionally landscaped hillside on the quieter, less developed, south side of St John and are surrounded by spectacular mountain views of the near-by National Park.  Several of the island's finest beaches and hiking trails are within walking distance and the town of Coral Bay (with its many attractions) is less than 10 minutes by car.

Despite its tranquil National Park surroundings (which make it a great place to live!) the nearly half acre parcel(.474 acres)is commercially zoned, W-1/Waterfront Pleasure, with lots of development potential. There is much going on in Coral Bay (most notably, two proposed marinas complete with hotel, restaurants and shops)that will likely raise property values of the entire area as development continues.    

Both of the cottages sit at the top of the parcel, away from the main road,  and are accessed by a newly paved private drive.  The lower, road-front portion of the parcel is a fully excavated, flat area, with its own paved drive as well.  It is currently being used as a small horse paddock but given the commercial zoning, the development possibilities are endless.   

The larger of the two cottages (which is presently the main residence) has one bedroom, a full bath/laundry, a full kitchen, a living area, a screened-in breakfast porch/guest room, outdoor hot-tub, workout and sun porches and lots of storage space.

The smaller cottage, currently a successful short-term rental (click on the link below for more details), provides studio accommodations with a full kitchen and bath, a small screened-in dining area and a large, covered sitting porch. 

The adjacent .477 acre parcel (which is also available for purchase, with the purchase of the cottages, but is not included in the asking price) is cleared and fully excavated (previously used as a riding arena) and ready for one of the many development options offered through its W-1 zoning.

This unique property (with or without the adjacent parcel) offers an affordable opportunity to own a home and/or business on an exceptional Caribbean island.  Cash in on the rental and/or business income or move in and enjoy the property yourself - or do both! Truly a must see!