Lizard’s Landing has been listed for sale for $425,000, after operating with its new owners for only a brief time. Years ago, the prime Cruz Bay location did business as the Back Yard, and then the Duffy’s Love Shack folks from St. Thomas bought the place. They did lots of promotions to build business, but quickly sold it. Under the new owner, "Landing" has gotten some dark comments at Virgin-Islands-On-Line.com, with several people saying it’s not a popular place.
In other real estate news, the number of homes for sale continues at record levels. The Multiple Listing Service shows 127 properties available, starting at $365,000 and going up to $10.5 million. Three new homes were added to the MLS in the past week. The median price of a listed property is $1.7 million and the average price is $2.2 million. That average is up about 8% from a year ago, while the median price is steady