RedSunSetRealty

40 & 62 Bolongo FB, St. Thomas, 00802

$1,475,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 6,708 Lot Size (sq. ft.): 27,443 Status: Pending
Current Price: $1,475,000 List Date: 2/25/2025 Last Modified: 3/17/2026

Overview

Description

Nestled on 0.63 acres and within walking distance to Bolongo Beach and the iconic & newly re-opened Iggies Beach Bar & Grill, Villa Mermaid is a gated estate featuring a spacious 3-bedroom, 2-bath main house filled with natural light and refreshing breezes. The property also includes a 2-bedroom cottage and separate studio, perfect for rental income or multi-generational living. Standout features include 28 solar panels, a heated pool, a refurbished gazebo with outdoor shower, an automatic diesel generator, motorized hurricane shutters, and a private well with three cisterns providing abundant water for gardens, landscaping, or pool use!

Supplements: UNIQUE OPPORTUNITY + ADJACENT LOT: The adjacent lot, 37-REM (+/-.614 acres), and the on-site vehicle, both owned by the Seller and not currently for sale, may be made available at appraised market value, with first right of refusal GRANTED TO THE FUTURE HOMEOWNER!! The option to purchase an adjacent lot offers a rare chance to secure long-term priv ...

Listing Details MLS# 25-383

LocationArea

Estate
Bolongo FB
Postal Code
00802
Directions
From Bolongo Bay Road, turn onto Watergate Road. First House on the right, with a gate. Follow the pin on MLS.

Contract Information

Begin Date
2025-02-17

General Property Description

Realtor.COM Type
Multi-Family
Lot Acres
0.63
Approx Interior SqFt-Accessory Unit Total
1708
Approx Exterior SqFt-Accessory Unit Total
339
Approx Total Main House
4661
Approx Total Property SqFt
6708
Total Bedrooms
6
Number of Bedrooms - Main House
3
Number of Bedrooms - Accessory building
3
Total Bathrooms
5
Sub Type
2 - 4 Multi Units
Taxes
1199.6
Tax Year
2024
Furnished
Yes
Water Front
No
Pool
Yes
Zoning
R-1
Stamp Tax
Paid by Buyer

Status Change Info

Under Contract Date
2026-03-07

Miscellaneous

PWD#
A9-22-T64

Amenities

Generator/Size
28
Other Amenity
Heated Pool
Alternative Energy
Yes
Deck
Yes
Filtration System
Yes
Patio
Yes
Satellite Dish
Yes
Solar
Yes
Work Shop
Yes

More Information

Construction

Other
Small portion of Apt
Concrete Block
Yes
Mixed
Yes

Exterior

Beach
Nearby
Landscape
Professional
Storm Shutters
Roll Down

Appliance

Air Conditioning
Split
Dryer
Yes
Fans
Yes
Freezer
No
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Security

Other
Fenced
Gate
Yes

Main House

# Bedrooms
3
Bath Info
2
Approx Interior SqFt - Main House
2175
Approx Exterior SqFt - Main House
2486
Kitchen
Yes

Unit 2 Info

# Bedrooms
2
Bath Info
2
Approx Interior SqFt-Accessory Unit
1258
Approx Exterior SqFt-Accessory Unit
339
Kitchen
Yes

Unit 3 Info

Additional Units
Studio
# Bath Info
Yes
Approx Interior SqFt-Accessory Unit
450

Listing Info

Sign
No

Location/Area

Plot/Unit Number
40 & 62
Island
St. Thomas
Quarter
Frenchmans Bay

View

Neighborhood
Yes
Ocean
Yes

Flooring

Tile
Yes

Water Source

Cistern
Yes
Well
Yes

Sewer

Septic
Yes

Property Features

View: Neighborhood; Ocean Amenities: Alternative Energy; Deck; Filtration System; Patio; Satellite Dish; Solar; Work Shop Flooring: Tile Construction: Concrete Block; Mixed Water Source: Cistern; Well Sewer: Septic Security: Gate Main House: Kitchen Unit 2 Info: Kitchen
Listing Office: Coastal Properties USVI
Information deemed reliable but not guaranteed.