$1,395,000
24 Chocolate Hole
St John, VI 00830
MLS# 18-185
5 beds  |  5 baths  |  4050 sqft


24 Chocolate Hole, St John, VI 00830
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Property Description
Villa Meritage is a private oasis nestled into the verdant hillside overlooking Hart Bay and Chocolate Hole. Facing west to capture fiery sunsets, the 4 bedroom - 4 bath pool home with jacuzzi features a stand alone studio cottage (built 2000) with private jacuzzi. Beautifully landscaped and tastefully furnished, this villa has a great rental history.

Details
Maps
Contract Information
Current Price: 1395000
Status: Active
Book Section: Residential
Realtor.com Type: Residential - Single Family
List Price: 1395000
Financing: Conventional
Assoc. Fee: 120
Assoc. Year: 2018
Road Assessment $: 400
Road Assessment Year: 2018
Insurance: Available
Bank Owned: No
3rd Party Approval Required: No
Location, Legal, and Tax Information
Parcel Number: 24
Estate: Chocolate Hole
Quarter: Cruz Bay
Island: St John
Country: US
State/Province: VI
Postal Code: 00830
Subdivision: Chocolate Hole
Easements: Of Record
Access: Paved
Zoning: R-2Residential
Restrictions: CCRs
Stamp Tax: Split Equally
HOA Dues: Annually
General Property Description
Total Bedrooms: 5
Total Bathrooms: 5
Sq Ft Enclosed (+/-): 2050
Sq Ft Deck (+/-): 2000
Total SqFt. (+/-): 4050
Waterfront: N
Pool: Yes
Hot Tub/Spa: Yes
Year Built: 1982
Lot Size (+/-): .52 acre
Addl Construction
Builder: Hiltunen
Foundation: Masonry
Grade: Moderate
Cistern
Capacity +/- (gal.): 15000
Property Features
House/Apt: Guest House
Condition: Very Good
Sewer: Septic
Construction: Frame; Masonry
Roof: Galvanized
Landscaping: Professional
View: Caribbean; Mountain; Panoramic; South Shore; St. Thomas; West/sunset
Furnished: Yes
Appliances: Dishwasher; Dryer; Refrigerator; Stove; Washer
Cistern: Masonry
Possession: Buyer Honor Rntl Res
Supplements
Meritage Great House and Cottage Updates Present owner who purchased the house in 1998 was a chef/ restaurateur owner of Fine Dinning establishments on St.John during a ten year period of the 90"s including establishments Paradise Pizza, Barracuda Bistro, Chateau Bordeaux, Paradiso, Asolare and Bad Art Bar Owner built new stand alone Honeymoon Cottage in 2000 with it's own cisterns and septic system House was completely rebuilt in 2000 with all new electrical wiring ,200 amp service, new sub floors, tiling, PGT hurricane rated doors /windows all new plumbing and ship-lap siding. Cisterns for both houses cleaned and Thuro Sealed 2018 Septic tanks pumped 2018 Totally all New Air Conditioning Units( four in all) serviced by Dr.Cool 2018 New Solar Hot Water System for Main House Meritage is Net Metering Set Up ( no longer available on St.John except for past customers ) new owner can add as many solar panels as they wish to save $$$ on electrical bills New Treks Decking on Pool Deck no maintenance and long lasting New decking and steps leading to Master bedroom and around Hot Tub New Appliances in Kitchen, Refrigerator, Gas Stove and Dishwasher New Cori gated Steel roofs on both houses, all are insulated with 1 1/2" foam insulation New Railings on both houses New PGT doors and windows on Meritage Great House living room New Roofs covering all decks with double hurricane strapping on 3x8 rafters Owner built hand crafted from live edge Red Cider, shipped in from Texas, Built in Dinning area and Deck Dinning table and coffee and end table Four, New King size pillow top mattresses and box springs All New Air Conditioning Units( four in all) serviced by Dr.Cool 2018 Complete night time lighting system of all palm trees and gardens from dusk to dawn, which makes the property come alive for guest every evening automatically, great for short term rentals Full Cable TV and Internet Service with VIYA and back up Internet service with St.John Bubble Service 2018 Property Real Estate Taxes $2,829 19 Years Short Term rental history on VRBO, HomeAway, Trip Advisory, Airbnb all with all Five Star Reviews and plenty of repeat guest, financials available for qualified buyers, Meritage Great House rents for $5,600 per week during high season, Meritage Cottage rents for $2,300 ( $7,900 per week cash flow, $32,000 monthly fully rented which we are many months during high season) off season MGH $4,200, MC $1,500 ($5,700 per week ) Average rental per year has been 36 weeks per year, almost fully rented during High Season, low occupancy during Aug, Sept. Oct. On Line web site for short term rentals meritagestjohn.com with up to date marketing Three minute drive to Cruz Bay, walk down to Hart Bay beach, quite and safe neighborhood, great sunsets from this westerly view, included in the Chocolate Hole Home Owners Association( ECLA) great for owner rights and protection, the only owners association area on St.John New Owners wanting to do short term rental, present owner who has been booking this house for 19 years is willing to continue booking Meritage for new owner along with in-place On-Island Manager and pool hot tub maintenance.

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Friday 16th of November 2018 03:44 PM