masterkey logo
3-21 Catherineberg
Score
0
Saint John, VI

3-21 Catherineberg

5.8M
3 bd • 4 ba • 4,778 sf

This analysis was generated on 2/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$5,850,000

Price/Sq.Ft

$1,224

Year Built

1988

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Premier Location: Situated in one of St. John's most desirable enclaves and adjacent to the Virgin Islands National Park, the property offers unparalleled privacy and natural beauty. Proximity to Cinnamon Bay provides easy access to one of the island's most beautiful beaches. • Recent Renovations and Modern Amenities: The villa has been recently renovated and features modern amenities, including a renewable energy strategy, smart landscaping irrigation, high-efficiency air-conditioning, and broadband networking. These upgrades enhance the property's appeal and reduce ongoing maintenance costs. • Fully Furnished: The property is fully furnished, allowing buyers to move in immediately without the hassle of purchasing and transporting furniture. This is a significant advantage for those seeking a turnkey island home. • Income Potential: St. John is a popular tourist destination, and the property's location and amenities make it suitable for use as a vacation rental. This provides the opportunity to generate income when the property is not in use by the owners.

The Bad

• High Price per Square Foot: At $1224.36 per square foot, the property is significantly more expensive than many mainland properties. This high cost may deter some buyers, even those seeking luxury properties. • Limited Information on Property Taxes: The provided information does not include specific details on property taxes. Potential buyers need to investigate this aspect thoroughly to understand the full cost of ownership. Property taxes in the US Virgin Islands are generally lower than on the mainland, but it is still important to verify the exact amount. • Reliance on Septic System: The property likely relies on a septic system, which requires regular maintenance and can be costly to repair or replace. Septic systems are common in St. John, but potential buyers should ensure that the system is properly inspected and maintained.

The Ugly

• High Estimated Insurance Costs: The estimated annual insurance cost of $21,060 is very high, reflecting the property's vulnerability to hurricanes and other natural disasters. This cost significantly increases the overall cost of ownership. • Potential for Storm Damage: St. John is located in a hurricane-prone area, and the property is at risk of damage from high winds and flooding. While the property may be built to code, the risk of significant damage remains, necessitating ongoing maintenance and repairs. • Dependence on Imported Resources: St. John relies heavily on imported resources, which can lead to higher costs for goods and services. Disruptions in shipping can also affect the availability of essential supplies. • Days on Market: The property has been on the market for 182 days, which could indicate that it is overpriced or that there are other issues deterring potential buyers. The average days on market for luxury properties in St. John may vary, but a longer listing period can raise concerns.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• High-Net-Worth Individuals Seeking a Private Island Retreat: The property's location within a premier enclave, bordered by national parkland, and offering proximity to pristine beaches makes it ideal for those seeking privacy and exclusivity. The recent renovations and luxury amenities enhance its appeal for discerning buyers. The property could be attractive as a vacation home or a long-term residence. • Buyers Interested in Sustainable Features: The renewable energy strategy, including backup power, and the smart landscaping irrigation system appeal to environmentally conscious buyers looking to minimize their utility costs and environmental impact. • Individuals Seeking a Fully Furnished, Move-In Ready Villa: The villa's fully furnished status and renovated interiors provide a hassle-free transition for buyers looking to immediately enjoy their island home. The property is equipped with modern conveniences such as broadband networking and high-efficiency air conditioning.

Not For

• Buyers on a Strict Budget: With a price of $5,850,000 and an estimated insurance cost of $21,060 per year, this property is not suitable for buyers with limited financial resources. The high price per square foot ($1224.36) also indicates a premium property. • Individuals Seeking a Low-Maintenance Property: While the property has been renovated and features modern amenities, the lush landscaping and tropical fruit trees require ongoing maintenance. Additionally, the location in a hurricane-prone area necessitates preparedness and potential repairs after storms. • Buyers Requiring Extensive Medical Facilities: St. John has limited medical facilities compared to larger cities. Individuals with significant healthcare needs may find the island's resources insufficient.
Demographics
Area Median Income

$0

Property History

Price History

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Financials

Monthly Costs
Market Rent (3 bed)

$0

Get a detailed estimate on Zillow
HOA Fee

$83

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results

Similar Properties

No similar properties found at this time.