Villa Olga Careening Hole KI, St. Thomas,
$6,490,000
Property Type:
Commercial
Bedrooms:
17
Baths:
17
Lot Size (sq. ft.):
353,272
Status:
Pending
Current Price:
$6,490,000
List Date:
3/03/2026
Last Modified:
3/17/2026
Description
Exceptional opportunity to acquire a leasehold interest on 8.1+ acres of R-3 zoned waterfront land in St. Thomas. This income-producing property includes a 17-key boutique hotel along with passive income from a long-term restaurant lease, dock, and other rental units. Located in a highly desirable harborfront are a with sweeping Caribbean views, it offers strong occupancy and rising ADR. Ideal for investors seeking redevelopment, expansion, or repositioning. Flexible zoning allows for multi-family, condo, or marina development. A rare blend of steady cash flow, development upside, and location in one of the most vibrant areas of the island.
More Information MLS# 25-1414
LocationArea
Estate: Careening Hole KI
Postal Code: 00802
Geo Lat: 18.334784
Geo Lon: -64.940613
Directions: Frenchtown to Olga's Fancy / Oceana
General Property Description
List Price: $6,490,000
Realtor.COM Type: Commercial
Lot Acres: 8.11
Total Bedrooms: 17
Total Bathrooms: 17
Taxes: 1
Tax Year: 2025
Furnished: Partial
Water Front: Yes
Pool: Yes
Zoning: R-3
Stamp Tax: Negotiable
Contract Information
Status: Pending
Under Contract Date: 2026-03-17
Current Price: $6,490,000
Begin Date: 2025-07-21
Miscellaneous
PWD#: D9-8291-T009
Property Features
Sale Includes: Leasehold
View: Ocean
Listing Office: Stryker Real Estate, PC
Information deemed reliable but not guaranteed.