Wednesdays are traditionally the day for open houses on St. Thomas. They are open mainly to brokers and agents. Although you are not prohibited from bringing your customer. Today there were a total of six open houses.
I started out with the thought of trying to identify the best buy, but it really depends on your needs.
The first home was in Frenchman's Bay. A duplex, two, 2 bedrooms 2 baths, mirror images of each other with a 1 bedroom apartment downstairs, nicely renovated, garage and a private beach. As an income investment you could probably generate $6000 a month by renting out all three units, which could go a fair distance on helping to pay the mortgage on the $1.35 million asking price depending on how much you put down.
Just next door was a townhouse that had been renovated to be one, 3 bedroom 3 bath home on the main levels with a 1 bedroom apartment down stairs. This home has a large infinity edged pool, private beach, and no garage. More of a home, I see a family owning and using the apartment for a nanny, in-law or guest suite. You would have to be able to comfortably afford the $2.2 million asking price.
The pool pictured on the left above, belongs to the house in Solberg and is located right in the center of the home. It opens to the deck and overlooks the Caribbean Sea, port harbor of Charlotte Amalie, Water and Hassle Islands, one of the most coveted view on St. Thomas. One of the bedrooms, the kitchen and dining rooms are on one side and the master bedroom suite in on the other side. This too, has a one bedroom apartment downstairs. I envision a younger or older couple, living here, due to the two bedrooms and the pool is not so you could prevent young children from accessing it. The asking price on this one is $450,000.
The largest home was in Frenchman's Bay, consisting of some 7000 sq. ft. It has 4 bedrooms and 4.5 baths on the main level and 3 bedrooms and 3 baths below, a large pool with a huge deck and sits close to the water. I see this home filled with a large family. Perhaps including grandparents, children ranging in ages, and parents who love to entertain often. Whether it is having the entire soccer team over or throwing a fund raiser for their favorite charity, it is on a flat lot so there is lots of parking. The asking price on this home is $1.6 million. There are some finishing touches that still need to be made on this home, but it is a grand villa with marble floors and custom work throughout.
There is a cute, I call it, a doll house, in Frenchman's Bay. This home has 2 bedrooms , 1 bath, a garage, a covered gallery that has a fabulous view of the cruise ships coming in, an efficiency apartment downstairs and great neighbors, I am told. Well maintained and loved by it's owner but the time has come to move. I see this as a great starer home for a young couple or a single person who wants more privacy than a condo can offer. It is priced at $425,000.
The last home I visited was a gated compound. There are two buildings containing a total of 4 separate living areas which share a very large pool with expansive decking, an outdoor kitchen and cabana bathroom. There are a total of 9 bedrooms and eight baths not counting the cabana bathroom. I see this being purchased by a corporation, using it as a retreat/think tank/ training center. The complex sits on the waterfront and I am sure has some of the best snorkeling around. The owners are throwing in a few kayaks for the adventurer in you. The stonework and tiling is exceptional. The place is built to surpass all building codes, has an automatic generator. If you have food delivered, you would never have to leave and you may not want to. It is offered at $5.5 million.
There is a broad selection of real estate on St. Thomas. If your looking, let Van Blake-Coleman Realty, help you find what will work for you!
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