Lot/Land for Sale in 9901 Emmaus, Coral Bay, St John, US Virgin Islands

Very Private with Views of Coral Bay, Tortola and Beyond

2 1/2 acre lots dense with tropical foilage and large trees. (LOT 1) one lot has good view, (LOT 2)other lot has partial view and removable 16x16 shack which I am currently living in. lots Hillside lot located 500 ft above sea level, zoned R-2 so you may build 2 homes per lot. paved to within 50 yds of lot which turns to a flat dirt estate road. Lots are located at beginning of a 1/2 mile long estate road. Easy downhill build. Bottom of lots has very scenic gut that flows to Coral Bay. Only 1 home at end of road is under construction. No other homes on road yet. That will change soon as Coral Bay is the fastest growing area in the Virgin Islands. Directly above proposed marina development slated to open 2007. Land prices continue to climb fast here so this would be a great investment even without building.

My idea was to build a 20x20 cottage to live in while building the main house, then renting the cottage which would get $1500 to $2000 a month long term, even more as a vacation rental. I plan on keeping one of the lots. I must leave unexpectedly because of family health problems in states. I have been building houses in Coral Bay for the last 11 years and can tell you that property is a great investment here. These lots won't last at this price because it has an oceanview and maybe the cheapest lot of its kind on the island. Lot 2 priced at 250K. Feel free to call or email with any questions. Can be negotiable on terms but need 1/2 down.