$2,900,000
St. Thomas, 00802
MLS# 26-687
1 / 61
Property Description
Water Island is just 1/2 mile off the southside of St. Thomas but feels lightyears away conveying a feeling of how a Caribbean Island is meant to be. Quiet and serene where everyone truly functions as a community. Your mode of transportation around Water Island typically is a golf cart. This incredible 3.26 acres site zoned W-1 above Flamingo Point has remnants of a former hotel. The plans and permits reimagine it as a boutique hotel with a bar and restaurant.
Details
Documents
Location/Area
Plot/Unit Number: 19
Island: St. Thomas
Quarter: South Side
General Property Description
Realtor.COM Type: Land
Taxes: 1135.52
Tax Year: 2025
Lot Acres: 3.26
Water Front: No
Zoning: W-1
Stamp Tax: Paid by Buyer
Association Fee: No
Sub Type: Improved Land
Contract Information
Concessions: No
Begin Date: 2026-03-26
List Price: $2,900,000
Current Price: $2,900,000
Miscellaneous
Map Date: 2026-01-25
PWD Dt: 2012
Active HOA: No
PWD#: D9-8692-T012
Survey Available: 1
Amenities
Building: 1
Driveway: 1
Pad: 1
Retaining Wall: 1
Ruins: 1
Slab: 1
View
Panoramic: 1
Sea: 1
St. Thomas: 1
Topography
Crest Lot: 1
Moderate: 1
Vegetation
Cleared: 1
Grass: 1
Mature Trees: 1
Overgrown: 1
Listing Info
Sign: Yes
Road
Paved: 1
Water
Cistern Required: 1
Sewer
Other: 1
Power
On Boundary: 1
LocationArea
Estate: Water Island SS
Postal Code: 00802
Directions: Crown Bay Marina ferry to Water Island. take golf cart toward Limestone Bay area. See for sale sign on parcels.
Status Change Info
Status: Active
Property Features
Miscellaneous: Survey Available
View: Panoramic; Sea; St. Thomas
Amenities: Building; Driveway; Pad; Retaining Wall; Ruins; Slab
Topography: Crest Lot; Moderate
Vegetation: Cleared; Grass; Mature Trees; Overgrown
Road: Paved
Water: Cistern Required
Sewer: Other
Power: On Boundary
Supplements
Water Island is the smallest of the four main U.S. Virgin Islands, measuring approximately 491.5 acres (roughly 0.77 square miles. It is about 2.5 miles long and varies from 0.5 to 1 mile in width, located in the Charlotte Amalie harbor just south of St. Thomas. There are less than 300 people who live full time on Water Island and the typical mode of transportation is a golf cart. The Department of Interior owned and managed Water Island from 1950 until it was transferred to the Government of the US Virgin Islands in December 1996. People who lived there and had built homes did not own their land until 1996, rather they leased land from the Department of Interior. Now land is owned in fee simple as in the other 3 US Virgin Islands.
Water Island is just a 10 minute boat ride from Crown Bay Marina to Phillips Landing on Water Island.
Amazing property of 3.26 US acres which contain the remaining structures from the Limestone Reef hotel
Located right next to Fort Segarra, which was constructed by the US Government during WW2, this property commands a presence with its knoll top location above Flamingo Point on the Southern tip of Water Island . Water views from virtually every square foot of the 3.26 acres. There are approved plans for permits for the project which will have over 25 rooms and support services such as a bar and restaurant.
We will be happy to share the extensive plans with a potential buyer.
Survey Map 19 Water Island updated Listing Office: Calypso Realty PC
Twice voted Best Real Estate Broker on St. Croix. Coldwell Banker President's Circle three years in a row. 
