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255 Cotton Valley EB, 255, St. Croix,

$800,000
Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 4,900 Lot Size (sq. ft.): 42,689 Status: Active
Current Price: $800,000 List Date: 9/21/2024 Last Modified: 9/21/2024

Description

This island villa offers an exceptional opportunity for investors, vacation homeowners, or those seeking full-time residence in a luxury property with income potential. With two fully independent units—each with 3 bedrooms,, private entrances, Buck Island views & expansive sea-facing galleries—this villa is designed for maximum flexibility and privacy. A shared swimming pool enhances the resort-like atmosphere, perfect for both units to enjoy. Whether you prefer to live in one unit while renting the other, manage it as a full-time vacation rental, or offer long-term leases, this property promises strong returns. Situated on nearly an acre of prime East End land with breathtaking views of Buck Island and the Caribbean Sea, , it's located in one of the most desirable areas on the island!

Supplements: Each unit offers spacious, open-concept living, featuring premium finishes and modern conveniences that attract high-end tenants. Both units can be leased independently, offering significant rental flexibility. The upper unit includes a sun-filled living area, gourmet kitchen with granite countertops, large ear-in bar and high-end appliances, and large sliding glass doors that open onto a covered gallery with expansive sea views. The lower unit feels just as spacious, providing versatile options for multi-generational families, vacationers, or long-term tenants. The lushly landscaped yard, featuring a private swimming pool and tropical greenery, enhances the villa's appeal. You and your guests can relax poolside or enjoy the outdoor space, all while taking in the stunning views of Buck Island. With 0.98 acres of space, the property offers ample room for outdoor activities, creating a tropical oasis perfect for vacationers, you and your family and/or long-term residents alike. Located in the tranquil Cotton Valley community, the villa is just a short drive from the island's top east end beaches, The popular St. Croix Yacht Club, restaurants like Duggans Reef, and outdoor activities such as hiking and snorkeling... and even pickle ball! Demand for rentals in this coveted east end area is consistently high, making this property an excellent investment with sustained returns. This villa offers a standout investment opportunity for those looking to capitalize on the booming premium island rental market. With the flexibility to cater to both short-term vacation rentals and long-term leases, the property's prime location and breathtaking views ensure consistent income potential. Investors will appreciate the steady demand for high-end island accommodations, while those seeking a personal retreat can enjoy the villa as a luxury getaway, subsidized by rental income from the second unit. Whether you plan to live in one unit and rent the other or operate it entirely as an income property, the combination of stunning Buck Island views, privacy, and versatility make this villa a perfect mix of business and pleasure. You'll love owning this slice of paradise just as much as your guests do!

More Information MLS# 24-1676

LocationArea

Estate: Cotton Valley EB Postal Code: 00820 Geo Lat: 17.7586 Geo Lon: -64.615396 Directions: Head East on East End Road turn right at Sierra Verde next to Blue Water Terrace. Take first left at Bajamar. Stay straight onto dirt road follow the road up to pale yellow house at top of hill.

Contract Information

List Price: $800,000 Current Price: $800,000 Begin Date: 2024-09-19

General Property Description

Realtor.COM Type: Residential - Single Family Lot Acres: 0.98 Approx Total Main House: 3520 Approx Total Property SqFt: 4900 Total Bedrooms: 6 Number of Bedrooms - Main House: 3 Number of Bedrooms - Accessory building: 3 Total Bathrooms: 4 Sub Type: Residential - 1 Apt Taxes: 1580.76 Tax Year: 2022 Subdivision: Cotton Valley Year Built: 1992 Furnished: Yes Water Front: No Pool: Yes Zoning: R-1 Stamp Tax: Negotiable

Status Change Info

Status: Active

Miscellaneous

PWD#: 1342

Amenities

Generator/Size: 5500

Exterior

Beach: Nearby Color: yellow Gallery: two! Landscape: Professional Off Street Parking: Yes Storm Shutters: Panels

Cistern

Approx. Cistern Size: 15000

Appliance

Air Conditioning: Split Dishwasher: 2 Dryer: 2 Fans: Yes Range: 2 Refrigerator: 2 Washer: 2

Main House

Approx Interior SqFt - Main House: 2770 Approx Exterior SqFt - Main House: 750

Property Features

View: Buck Island; Ocean; Sea Amenities: Filtration System Flooring: Tile Construction: Mixed Roof: Pre-Fin Metal Water Source: Cistern Sewer: Septic
Listing Office: Coldwell Banker St.Croix Realty - GB
Office Phone: 340-778-7000
Information deemed reliable but not guaranteed.

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