Caribbean Property Consultants, Investment Management & Property Sales Specialists

Butler Bay, St Croix, United States Virgin Islands Butler Bay ( Virgin Islands, US - BUT) Built

$4,000,000
Smaller Sub-divisions available upon request

Caribbean Dreams Limited

Caribbean Dreams Limited 44 207 617 7434 (Office) Request More Info

  • Type: Lots and Land
  • Style: Single Story
  • Development Level: Built
  • Lot Size: 52 acres

Description

Great Development and Investment opportunity to acquire 65 Acres of prime residential land on St. Croix. 40 of the total 52 acres (plots 28, 29) are zoned R-3 and are specifically authorized under its zoning for 183 hotel rooms. R-3 zoning is medium density and a laundry list of other uses is permitted as a matter of right under R-3 zoning.

The 11 acre site (plot 26) is zoned R-1 (low density residential - 1/2 acre lots with 2 structure per lot).

The property is located on the NW corner of St. Croix … an area whose natural beauty remains unblemished.
Served by a paved two lane road that follows the sunset coast north from the historic town of Frederiksted, miles of heavily forested terrain surrounds Butler Bay.

The Butler Bay site is further insulated from the outside world by ridgelines that drop from hundreds of feet to the shoreline and the cove beach. Despite this environment of privacy and exclusivity, the Butler Bay site is only 9 miles from the airport, 2 miles from Frederiksted and 4 miles from the conveniences of Kmart and supermarkets.

Topographically the site is almost ideal for many development venues. Back from the beach, a swath of large specimen trees (Mahogany, Saman, Thibet etc.) shields the upper portion of the property from the shore road. From the back of the property (200” elevation on the 40 acre site and 500’ on the 22 acre site) the view is over the tree tops to the ocean enhancing the sense of privacy and the natural setting.

Because the property slopes up from the beach, ocean views are available from practically any vantage point on the property. The magnificent specimen trees and other mature vegetation on site will provide a superb backdrop to the landscaping that any project will require.

In the past several years the “West End” of St. Croix, including Frederiksted, has seen a major increase in investment activity. At the top of the list is the plan of the Mashantucket Pequot Tribal Nation (Owners of Foxwoods Casino) to develop an 600 acre waterfront parcel as a mixed use community with a golf course, casino, hotel and residences a mile south of the Butler Bay site. The U.S. Virgin Islands government has spent millions upgrading the cruise ship pier (2 miles from the Butler Bay site) and cruise ship traffic has increased significantly.

Butler Bay offers sufficient acreage for a project of the scale that will interest serious investors, has the required zoning for hotels, is situated in a top flight area insulated from external influences with good roads, electrical and telecommunication services and enjoys an exquisitely beautiful natural setting surrounded by the Butler Bay Nature Preserve. The inventory of such well positioned properties under the U.S. flag is increasingly limited.


** Further Details on request - various smaller sub-divisions are available subject to zoning regulations. Contact us for details today. **

Attachments

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Information is deemed to be correct but not guaranteed.