St. John Real Estate

 

With the majority of St. John a national park and many restrictions on island construction, St. John real estate comes at a premium.  Small cottages can be purchased starting at approx. $300,000, but often that won't get you much.  Villas can start close to $1,000,000, and can sometimes go over $10,000,000 for the most expensive options.

 

Condominiums usually start around $400,000 and can top $1,000,000 easily.  There are a quite a few condominium options in and around Cruz Bay (the main town on St. John).

 

Undeveloped land in a desirable area can start at around $50,000 for a quarter acre.  Note that the cost to build (per square foot) on the island is much higher than what you would pay on the mainland, and building is slower and generally more difficult.  This makes purchasing an already built home or condo an easier route.

 

Properties on the North Shore of the island tend to be the most expensive because of proximity to the best beaches.   Also, Coral Bay on the far side of the island tends to be more affordable than Cruz Bay, the side where the St. Thomas ferry docks.

 

If you're considering the purchase of real estate, or are simply interested in browsing listings on the St. John MLS, see: