St. John is a very unique place. The allure of St. John is in the lush green hills and beautiful white sand beaches. The island is rich with history and culture, offers a slow pace of living and is home to a small community of about 4,200 people. It offers the opportunity to own a dream home with a magnificent ocean view on an island that is two-thirds protected from development by the National Park Service. Price tags are commensurate of a dream home built on a beautiful, protected Caribbean island.
There are currently (September 2019) 133 houses on the market, ranging in size from a 1-bedroom 1 bath cottage on .25 acres in Carolina for $327,000; to 10.9 million for a 5-bedroom luxury estate house in Peter Bay. Most houses are designed with open styled floor plans, high ceilings and large decks to take advantage of the trade winds and the wonderful views.
Factors to consider when looking for land include; location, view, access to the property and any site preparations that might be necessary in order to build. The average lot size is half an acre.
Building a home starts at around $400 per square foot and is affected largely by materials used for building and finishing. Keep in mind that preparations and special structural requirements may need to be met, thus adding the total cost of building. St. John is volcanic rock with steep grades that can add significantly to the construction costs. A cistern for water storage and a septic tank are necessary components of a home on St. John. The cistern alone will account for almost 10 percent of the total building cost. Land owners should depend on the experts when it comes to building on St. John; plans must be prepared by an architect, engineer or drafts-person licensed in the Virgin Islands.
There are many Real Estate Companies here on St John. They are more than willing to show you properties while you are here. It is important to have a solid criteria list and price range when you contact a realtor. Making contact well in advance of your visit is a sure way to see some great properties that are within your budget and meet your wish list.
We highly recommend Trista Sigler with American Paradise Real Estate, Inc. www.americanparadise.com You can reach Trista at 970-581-1629.