Menu
All4.com logo

Land for sale

£2,318,104 *

 [$3,100,000]

Property Details

  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 44 m2
  • Habitable space: 44 m2

Full Description

Great Development and Investment opportunity to acquire 44.4 Acres of prime residential land on St. Croix. 33.1 acres are zoned R-3 for medium density residential use.

The 11 acre site is zoned R-1 (low density residential - 1/2 acre lots with 2 structure per lot).

The property is located on the NW corner of St. Croix … an area whose natural beauty remains unblemished. Served by a paved two lane road that follows the sunset coast north from the historic town of Frederiksted, miles of heavily forested terrain surrounds Butler Bay. The Butler Bay site is further insulated from the outside world by ridge lines that drop from hundreds of feet to the shoreline and the cove beach. Despite this environment of privacy and exclusivity, the Butler Bay site is only 9 miles from the airport, 2 miles from Frederiksted and 4 miles from the conveniences of Kmart and supermarkets.

Topographically the site is almost ideal for many development venues. Back from the beach, a swath of large specimen trees (Mahogany, Saman, Thibet etc.) shields the upper portion of the property from the shore road. Because the property slopes up from the beach, ocean views are available from practically any vantage point on the property. The magnificent specimen trees and other mature vegetation on site will provide a superb backdrop to the landscaping that any project will require.

In the past several years the “West End” of St. Croix, including Frederiksted, has seen a major increase in investment activity. At the top of the list is the plan of the Mashantucket Pequot Tribal Nation (Owners of Foxwoods Casino) to develop an 600 acre waterfront parcel as a mixed use community with a golf course, casino, hotel and residences a mile south of the Butler Bay site. The U.S. Virgin Islands government has spent millions upgrading the cruise ship pier (2 miles from the Butler Bay site) and cruise ship traffic has increased significantly.

Butler Bay offers sufficient acreage for a project of the scale that will interest serious investors, has the required zoning for hotels, is situated in a top flight area insulated from external influences with good roads, electrical and telecommunication services and enjoys an exquisitely beautiful natural setting surrounded by the Butler Bay Nature Preserve. The inventory of such well positioned properties under the U.S. flag is increasingly limited.

** Further Details on request - various smaller sub-divisions are available subject to zoning regulations. Contact us for details today. **

This property listing (ref: BBLand) is an advertisement supplied by Caribbean Dreams Limited and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8388 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

A Place in the Sun Currency Logo