62 REM Water Island SS, St. Thomas 00802

$1,250,000
62 REM Water Island SS, St. Thomas 00802, St. Thomas
Active

Overview

  • 3 Bedrooms
  • 3 Bathrooms
  • 1.3 ac
  • 2,224.0 ft2

Description

It’s hard to beat this spot on Water Island. Set on 1.27 private acres directly above Limestone Beach, Villa Isla looks out over the Caribbean and down island, with St. Thomas sparkling across the water at night. From the expansive porch, watch sailboats cruise by, spot sea turtles and stingrays below, and enjoy the kind of privacy that is becoming harder and harder to find.

Follow the path along the property and in less than 10 minutes you’re at Limestone Beach–one of Water Island’s quieter beaches with fantastic snorkeling. In the other direction, Honeymoon Beach and the ferry dock are an easy walk or short golf cart ride away. You feel tucked away, but you’re never far from everything you need. The fully furnished property includes three separate living spaces, opening up so many possibilities. Keep it as a private island home with plenty of room for family and friends, live in one unit and rent the others, or continue operating it as an established income-producing property. The current owner is a 5-year Airbnb Superhost with a strong history of short- and long-term rentals, repeat guests, and consistent rental activity.

The home has been well cared for with numerous recent improvements, waterfront views in each room, circular driveway, and plenty of surrounding land to make it your own. Flexible W-1 zoning adds another layer of opportunity, with room to potentially add a second home positioned even closer to the water.

Water Island is a special place, and properties like this are exactly why. You have space, privacy, incredible water views, and a beautiful Caribbean beach right below you–all while being just minutes from the airport. Add in three living spaces, an established rental history, flexible zoning, and room to create even more, and there is a lot of opportunity here at a price point that is increasingly difficult to find on the island.

Address: 62 REM Water Island SS, St. Thomas 00802
Island:
Zip: 00802
Country: United States

Property Id: 518617
Price: $1,250,000
Property Size: 2,224.0 ft2
Property Lot Size: 1.3 ac
Bedrooms: 3
Bathrooms: 3
Listing Agency: Christie's International Real Estate USVI
ListingId: 26-1817

Other Features
Home Owners Association

$6,409.00
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,846.50

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