Caribbean Real Estate Blog
USVI Bank and Relo Properties
Searching for property in the US Virgin Islands can be tough. Since many of the banks require a minimum down payment of 20% foreclosures are few and far between. So when a new listing comes up, there is a good chance it won’t last long. While some of the properties on this list are bank owned due to a foreclosure sale, not all of them are. Foreclosure is not the only way that a bank can end up with a property on its books. With that said all of these listings are on the Multiple Listing Service, and many of them are listed by real estate agencies other than Sea Glass Properties. As a full service Real Estate Firm operating on all three US Virgin Islands we are able to assist in the purchase of any of the following listings. If you have any interest in any of these properties please let us know. You can also check out:
Don’t Judge a GREAT DEAL by its Owner for more great buys.
HUGE PRICE DROP on this meticulously maintained home with two bedrooms in main house and two on lower level, accessed from exterior stairs. Granite counters, vessel sinks. Wonderful touches! Carport, solar hot water, low-flush toilets, lush grounds, flat access to home. Very private home with spectacular down-island views. Centrally located! Poured concrete. Hurricane shutters throughout. $575,000. Make an offer.
Virgin Island’s BANK OWNED PROPERTIES
Bank Foreclosure. Great potential with this 3 bedroom fixer upper. Lot behind house also for sale. Property is sold as is/where is and with all faults. $62,500
Bank owned. Fixer upper needs lots of work but has potential. Centrally located, paved road. 2 bed unit + 1 bed unit. Construction loan needed or cash. Dogs next door are chained. Property sold as is/where is and with all faults. $65,000
Bank foreclosure. 3 bedroom, 2 bath. Very large townhouse with oversize kitchen waiting to be designed from scratch. Includes separate efficiency guest house and storage shed. $97,000
NEW LISTING: Bank owned property. New on the market. Close to beach and shopping. House needs work. Property sold as is and with all faults and defects whether latent or apparent. Buyer pays VI Stamp Tax.
Bank Foreclosure. 4 bedroom 2.5 bath. Great value in wonderful neighborhood. Nice family home with newly paved road. House needs work – with TLC, this home can sparkle. Property sold as is and with all faults and defects whether latent or apparent. $145,000
3 bedroom, 2 bath. Needs work! Needs new bathroom, needs floor tiles, extra room needs to be finished, no appliances. Inside needs cleaning. Please include this language in any contract: ”Property to be conveyed ”as is” and conveyed via a Special Warranty Deed or Marshall’s Deed”. $149,000
NEW LISTING: Bank owned. 3 bed, 2 bath. Convenient location close to Christiansted. Property sold ”as is/where is with all faults”. BUYER pays stamp tax. $220,000
Gracious 2500+ sf poured concrete home with Great Room. Three spacious bedrooms, 2-1/2 baths. Enjoy outdoor living on the covered gallery overlooking pool. Prestige gated community with beaches. Former owner paid $749,000 plus added generator and storm shutters. Pool, appliances, and equipment As Is. $554,000
Gracious 3 bedroom 2-1/2 bath concrete home with Great Room. Enjoy outdoor living on the covered gallery overlooking pool. Former owner paid $749,000 plus added generator & storm shutters. Upscale gated residential community with beaches. Appliances & equipment As Is. $569,000
Fabulous views of Buck Island & Green Cay. 3 bedroom 2 bath main house, plus 2 br 1 ba apartment, plus 1 bedroom guest house. 2 car garage. Walking distance to one of St. Croix’s best beaches. Strong construction. Palm trees & flowering tropical plants. Former owner paid $900,000. Your chance to own prestige property at excellent price. Appliances & equipment ”as is”. $759,000
Wow what a view! Fabulous custom built home with so many extras (see Special Features in attachments). 4 bedrooms 4 bath house overlooking the Caribbean. Incredible views to north shore and Yacht Club. Master suite includes private garden with hot tub. Cypress ceilings, maple kitchen, pool, spacious pool deck plus apt and bonus rooms. Note: House needs TLC. $945,000
Live in one bedroom home while you complete main house and 3 other structures. Definitely a handy man special. Nice flat lot, easy to build. $250,000
Bank foreclosure. Flat lot in quiet neighborhood. Property is sold as is/where is and with all faults. $16,500
NEW LISTING: Excellent (0.46 acre) building site in up and coming community. Terrific buy $24,900
Large (0.46 acre) lot fronting on Melvin Evans Highway on the western boundary of Enfield Green. Great Price! $25,000
NEW LISTING: 3 Lots TOTAL. Lots can be bought individually or as one estate-size parcel. Outstanding island views! Enjoy the proximity to schools and beaches. Path has been cut to viewing area.
Sydney’s Fancy; an upscale sub-division w/ gated entry, cameras, concrete roads, underground utilities common area landscaping and maintenance. The views from this parcel are of Magen’s Bay, the beach & beyond. Million $ water views and sounds of the waves on Magen’s Bay. 125′ road frontage. See MLS #11-735 which is the contiguous parcel 11-13. Purchase both for discount! $179,900.
Sydney’s Fancy; an upscale sub-division w/ gated entry, cameras, concrete roads, underground utilities, common area landscaping & maintenance. The views from this parcel are of Magen’s Bay, the beach & beyond. Million $ water views and sound of the waves on Magen’s Beach. Rectangular parcel w/ 192′ of road frontage. See contiguous parcel 11-12 MLS#11-731, purchase both for discount $179,900.
Gentle, moderate sloping lot. Gated community. Nice view great breezes. Overlooks West End Hotel $299,000.
NEW LISTING: A Rare Find – 22 acres of historic estate in the rain forest. Needs major TLC. 1 Spring Garden has a 5 BR/3BA (5180 sq.ft.) masonry house w/guest cottage on 5.17 ac. Plot 2 consists of 16.7 ac. with 2 historic sugar mills, 3 artesian wells and a 55,000 gal. water storage tank. Parcel 3 has 1600 sq.ft. historic structure on 0.11 acres. A Garden of Eden – fruit trees, saman, tibet, etc. $995,000
Terrific Investment Opportunity! Formerly Caledonia Springs, this property has an underground spring that is tapped for selling bottled water. All equipment included for processing and purifying of water for distribution. Close to transportation, Post Office and Villa La Reine Shopping Center. $499,500
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