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Remainder Teagues Bay Eb

East End 'a', St. Croix, 00820
$475,000
2.75 Acre Lot

Highlights of Remainder Teagues Bay Eb

Lot Acres
2.75
Quarter
East End 'A'
Sub Type
Homesite (.5 +)
MLS #
25-544
Status
Active
  • Property Description
    Prime Development Opportunity in Teagues Bay - 2.75 Acres with Stunning Sea Views!This large parcel, ideally positioned starting at a ridgeline, gently sloping down on the northern side, offering unobstructed sea views and refreshing breezes. is zoned for high-density use, making it ideal for a luxury condominium complex, boutique hotel, or an exclusive residential development. Perfectly positioned just across the street from the water, the property has unobstructed Caribbean Sea views, stretching out to Buck Island and beyond! One of the standout features of this property is its gently sloping, easily buildable terrain, which significantly reduces construction costs and simplifies the development process. Teagues Bay is experiencing high demand for condos, withwith nearby residences commanding premium prices. Additionally, there is a strong need for a hotel in this area, presenting a lucrative opportunity for investors looking to establish a high-end hospitality destination.
  • Additional Info
    • Restrictions: Of Record
    • Zoning: R-3
  • Fees and Taxes
    • Tax Year: 2024
    • Taxes: 672.35

Listing courtesy of Coldwell Banker St.Croix Realty - GB, (340) 778-7000.

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Map

Remainder Teagues Bay Eb, East End 'a' St. Croix, 00820

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