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Villa Olga Careening Hole KI, St. Thomas,

$6,490,000
Property Type: Commercial Bedrooms: 17 Baths: 17 Lot Size (sq. ft.): 353,272 Status: Pending
Current Price: $6,490,000 List Date: 3/03/2026 Last Modified: 3/17/2026

Description

Exceptional opportunity to acquire a leasehold interest on 8.1+ acres of R-3 zoned waterfront land in St. Thomas. This income-producing property includes a 17-key boutique hotel along with passive income from a long-term restaurant lease, dock, and other rental units. Located in a highly desirable harborfront are a with sweeping Caribbean views, it offers strong occupancy and rising ADR. Ideal for investors seeking redevelopment, expansion, or repositioning. Flexible zoning allows for multi-family, condo, or marina development. A rare blend of steady cash flow, development upside, and location in one of the most vibrant areas of the island.

More Information MLS# 25-1414

LocationArea

Estate: Careening Hole KI Postal Code: 00802 Geo Lat: 18.334784 Geo Lon: -64.940613 Directions: Frenchtown to Olga's Fancy / Oceana

General Property Description

List Price: $6,490,000 Realtor.COM Type: Commercial Lot Acres: 8.11 Total Bedrooms: 17 Total Bathrooms: 17 Taxes: 1 Tax Year: 2025 Furnished: Partial Water Front: Yes Pool: Yes Zoning: R-3 Stamp Tax: Negotiable

Contract Information

Status: Pending Under Contract Date: 2026-03-17 Current Price: $6,490,000 Begin Date: 2025-07-21

Miscellaneous

PWD#: D9-8291-T009

Property Features

Sale Includes: Leasehold View: Ocean
Listing Office: Stryker Real Estate, PC
Information deemed reliable but not guaranteed.
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