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Virgin Islands This Week / John Foster Real Estate / Cabrita Point

Cabrita Point

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Cabrita Point, St. Thomas is an exceptional location set in one of the most picturesque destinations, located adjacent to the four-diamond rated Ritz Carlton with it's sugar white sandy beaches. View the mountainous peaks of St. John, crystal blue waters of Great Bay, or the yacht mecca of Red Hook - every home will have a breathtaking vista. This exclusive peninsula will provide future owners a sense of exclusivity and privacy rarely experienced in the Caribbean.

Opportunity awaits Thirty Five (35) fortunate lot purchasers. All parcels are oceanfront or water view. R-1 zoning code will allow each lot owner to build detached single or two family homes. The land is subject to the CZM approval process, however single and two family residences require a iminori CZM permit, which is typically a 60 day process.

New waterfront and water view homes are typically priced from $500 to $1,000/interior sq.ft., ranging in price from $1.8 to $5 million. This is a unique and historic opportunity to own and experience a rare lifestyle/ investment in the US Virgin Islands.

Prices Upon Request.

www.usvi-realestate.com

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