One of the most commonly asked questions during my Explore STJ island tours is about the cost of housing on St. John. Let’s be honest, many of you, like me, dream of owning a home on St. John. Buying a home on any island can be costly, but it’s not impossible. Here are the details on what your money can get you on St. John.
There are currently 58 homes and six condos available for purchase on St. John. The least expensive home is listed for $399,000 and the most expensive is $12 million. The least expensive condo is $620,000 and the most expensive is $1.95 million. There are only nine homes and two condos listed under one million dollars on St. John.
So what exactly will your money get you? Let’s start with a couple of the least expensive homes.
There is a small eco cottage located on Bordeaux Mountain listed for $399,000. This is an off-grid, non-conforming, wood-frame building that’s approximately 420 square feet, including interior and exterior space. It does not have a toilet, so you must purchase a composting one if you plan to glamp here. You cannot get windstorm insurance for wood frame homes at the moment, so this would have to be a cash deal. The house is located on just over a half-acre, has excellent views, and is a very buildable lot. This home is listed by 340 Real Estate Co.
For an additional $100,000, you can get a one-bedroom masonry home with 1,300 square feet of indoor and outdoor living space. This home is located just minutes from Coral Bay’s shops and restaurants. Because the house is masonry, you should be able to get a mortgage on it and windstorm insurance. This home is listed for $499,000 by Cruz Bay Realty.
Now let’s look at the most expensive homes, shall we?
Villa Indo is a newly-built, waterfront home on Great Cruz Bay. It has four bedrooms, four-and-a-half baths, and more than 4,000 square feet of living space. It is a beautifully designed home with floor-to-ceiling windows and an infinity-edge pool. Villa Indo is listed for $12 million by Islandia Real Estate.
The second most expensive home currently listed for sale is one of my favorite vacation rentals – Mare Blu. Mare Blu is an expansive, seven-bedroom home with panoramic views of Rendezvous Bay. It has a giant pool overlooking the Caribbean Sea, and ample indoor and outdoor living space. This is a fabulous vacation rental that’s located less than 10 minutes from Cruz Bay. Mare Blu is listed for $10 million by Holiday Homes.
Please note: Being listed for sale does not affect future vacation rentals. Typically when a home sells on St. John, the buyer has to honor all rental reservations.
As of Tuesday night, there were 17 homes listed for sale between one and two million dollars, and there were 11 homes listed between two and three million dollars. The median list price for a home on St. John is just under $3 million. The total asking price for the 58 homes currently for sale on St. John is more than $172 million. Wow.
Now let’s talk condos. As I mentioned, there are only six currently listed for sale. The least expensive is a great unit over at Serendip. It’s a very cute and updated condo with a nice deck that has views of Cruz Bay. Serendip is a great vacation spot complete with a pool, and it’s located about five minutes from Cruz Bay. This unit is listed for $699,000 by Cruz Bay Realty, and the monthly HOA dues are $1,519.
(Serendip is currently offering discounted summer rates. Click here to learn more.)
There are four condos for sale between one and two million dollars. The second least expensive condo is listed for $975,000.
Looking for more information on any of the properties listed above or just want some general information about what’s currently for sale on St. John? Here are a few real estate companies located on St. John:
- 340 Real Estate: 340 Real Estate Co. has been rock solid & island wise since 1978. Click here to learn more.
- American Paradise: American Paradise has been making dreams come true, one view at a time, since 1987. Click here to learn more.
- Holiday Homes of St. John: Holiday Homes has been specializing in St. John real estate since 1960. They have a storefront on the first floor of The Marketplace if you’d like to stop in. Click here to learn more.
(Disclaimer: The three companies listed above are advertisers on ExploreSTJ.com.)
Want to purchase land on St. John? Stay tuned for information about building on St. John.
Looking to take a St. John island tour?
Get to know St. John. Visit beautiful beaches & centuries-old plantations. Perhaps stop at a tiki bar or two. Full & half days available. Rated “Excellent” on TripAdvisor. 2023 & 2022 TripAdvisor Travelers’ Choice Winner. Learn more here –> www.explorestj.com/tour
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