Real Estate

Hello everyone, and happy Sunday! I cannot believe how fast this weekend has gone! Unfortunately tomorrow starts the work week, yet again, so I’m sure many of you are St. John dreaming today. Well, we’re going to help you with that. Today we’d like to tell you about a great house that recently listed for sale.

Anchorage Aweigh is a beautiful two bedroom, two bath home that comes complete with an additional one bedroom caretaker’s cottage. It’s perched up on a hill in Coral Bay and has beautiful views of Coral Bay harbor, the Carolina valley and Bordeaux Mountain.

Both units have travertine marble floors, granite countertops throughout, outdoor stone showers, air conditioned bedrooms and full kitchens. Each unit has an internal staircase which access the private central pool area.

The 10×20 mosaic tiled salt pool overlooks Coral Bay harbor and is surrounded by a 600 square foot deck and tropical gardens. The main home and cottage were designed with privacy in mind. Anchorage Aweigh’s main house is a very successful short term rental.

Anchorage Aweigh is being offered for $1.295 million. For more information, please contact Tammy Donnelly of 340 Real Estate Co. at [email protected]

Tag: Anchorage Aweigh For Sale

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Hello everyone, and happy Saturday! I saw that there is a bit of a cold front moving through a good part of the United States this weekend, so I figured many of you would be interested in some real estate shopping/browsing today. So today, we’d like to tell you about a successful, four-unit vacation rental that is within walking distance to the beach and Cruz Bay. Please check out Aqua Bay Villas…

Aqua Bay Villas is a successful short term rental property with traditional Caribbean architecture. It is comprised of four fully equipped suites, each with their own kitchens, sitting areas, bathrooms and private verandahs. Aqua Bay Villas is located less than a block from Frank Bay beach and is just a short, eight-minute walk to Cruz Bay.

This designer-owned, private compound houses one two bedroom, one bath unit, and three one bedroom, one bath units. Two of those units have futons in the living room for additional sleeping accommodations. Each of the units is adorned with hand-selected furnishings from around the world.

Pathways connect the suites through its lushly landscaped grounds which lead to a shared pool complete with a gazebo and outdoor bar. Aqua Bay Villas has water views to the south and west, as well as sunset views.

Aqua Bay Villas is being offered for $1.495 million. For more information, please contact John McCann of 340 Real Estate Co. at [email protected].

Tag: Cruz Bay Real Estate

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Hello everyone, and happy Sunday! Let’s talk real estate today…

Real estate here on St. John is pricey, so it’s advantageous to purchase a place where you can live in part of it while renting out the other part. Today we’d like to tell you about a beautiful four bedroom villa that could be used as a large home, or separated into two, two-bedroom units. Check out Villa Venturosa…

Perched in a quiet neighborhood high above Cruz Bay, Villa Venturoso has beautiful, sweeping views of St. Thomas, its surrounding cays, Pillsbury Sound and out to the Caribbean Sea. Built with attention to detail by custom builder, this unique masonry property has the ability to be two independent two bedroom, two bathroom units with separate private verandahs or they can be combined to be a four bedroom, four bathroom villa. There are numerous options to rent out separately, together or live in one/both units. The home features a newer masonry pool with a generous pool deck and amazing views. The home has 17,500 solar panels which are currently being installed to achieve net metering to eliminate or drastically reduce electricity bills. Villa Venturosa is within walking distance to Cruz Bay’s shops, restaurants, bars and ferry boat, yet far enough away to enjoy peace and solitude. Please check out a few pics…

Looks great, doesn’t it??!

Interested in this piece of St. John Real Estate? Villa Venturosa is being offered for $1.375 million. For more information, please contact John McCann of 340 Real Estate Co. at [email protected] for more information.

Villa Insatiable is the most expensive home currently for sale on St. John. It is listed at $10.95 million.

Some of the most popular posts here at News of St. John discuss St. John real estate. It seems that many of you are curious about costs and trends happening here on island. It’s also a common question that I receive during my island tours. So today, I decided to give you a little peak into what’s selling, average prices and more. Please check out News of St. John’s 2019 Real Estate Wrap-Up…

(A little side note: Please keep in mind that I am not a realtor; I simply love learning about real estate.)

At the close of 2019, 36 parcels of land, 10 condos and 44 homes sold. The lowest priced home that sold was a one bedroom, one bath cottage which sold for $252,000. The highest sale was 1 Peter Bay, a 6,596 square foot home that is located directly on the sand in Peter Bay. It was listed for $14,250,000 but sold for $9 million, nearly 37 percent off the asking price.

We reached out to our friend Tammy Donnelly, owner of 340 Real Estate Co., and asked what the trends were in 2019. She said  the current trend, in general, is that prices for home and land are continuing to decrease. That’s great news for all of the potential buyers out there! Condos are seeing small price reductions, Tammy said, but there are more reductions in land and homes. This goes for several areas including Chocolate Hole, Peter Bay and Catherineberg. (Peter Bay and Catherineberg are two areas that have some of the island’s priciest real estate.)

In 2019, prices have been going between 20 and 40 percent off of the list price, Tammy said. In one case, a piece of land on Lovango Cay sold for 50 percent off of the list price. Wow! Why I personally find this very interesting is because in 2018, we saw prices going 20-25 percent above list price.

To give you some comparison, we had 32 parcels of land, 5 condos and 60 homes sell in 2018. The least expensive sale was a hurricane-damaged home which sold for $107,500. The most expensive home sold in 2018 was a waterfront home which sold for $3.795 million.

We currently have 158 homes, 15 condos and 252 parcels of land for sale. The least expensive home currently listed is a hurricane-damaged home that is currently unlivable. It’s located on less than a quarter acre, and the asking price is $300,000. There are only seven homes currently listed for less than $500,000 and two are unlivable due to hurricane damage, and one lacks a certificate of occupancy. And this, my friends, is why I currently rent here – haha.

The three most expensive homes for sale right now are all located in Peter Bay on St. John’s North Shore. They range in price from $10.95 million to $8.995 million.

Curious about land? The least expensive is roughly a half-acre parcel in Coral Bay which has an asking price of $50,000. The most expensive parcel is $7.5 million. It’s the property that located behind Maho Crossroads, the new-ish tiki bar at Maho Bay. That parcel is zoned commercial.

Want to see all the listings or speak to a realtor? Then check out some of our sponsors below:

• 340 Real Estate Co. 
• American Paradise Real Estate
• Re/Max Island Paradise Realty

Happy shopping! Or happy browsing! 🙂