St. Thomas US Virgin Islands Real Estate Cowpet Bay

This Cowpet Bay search includes condominiums for sale at Cowpet Bay West, Cowpet Bay East, and Cowpet Bay Beach Resort (also known as Elysian).  The three complexes share a nice sand beach, with ample lounge chairs and a couple of restaurants as an added bonus.  They are also just down the road from the Ritz Carlton Hotel.

Cowpet Bay offers the flexibility to serve as a full time residence, second home, long term condo rental investment, or vacation rental investment.  The complexes have been in high demand over the years, and many owners have done some stunning renovations.

ABOUT COWPET BAY WEST AND COWPET BAY EAST:

Cowpet Bay West (“CBW”) and Cowpet Bay East (“CBE”) share the beach at Cowpet Bay, on either side of Cowpet Beach Resort (“CBR”).  CBW faces in a more Easterly direction, while CBE faces in a more Westerly direction.

CBW has two access roads, called WINDWARD WAY (this is the road closer to the water) and LEEWARD WAY (which is the road above further from the water).  Likewise, Cowpet Bay East has two access roads, called TRACY WAY (this is the road closer to the water) and TARA WAY (which is the road above further from the water).

Due to the closer proximity to the water and unobstructed view, units on Windward Way and Tracy Way tend to be valued higher than their counterparts on Leeward Way and Tara Way.  However, like other complexes, the location within the complex and the condition of the particular property still play a very large part towards the valuation.

Each of the buildings have two levels of units (an upper and a lower, with the odd units on the lower level and even units on the upper level).  However, some buildings have a third level, which encompasses an interior stairwell for a third upstairs bedroom.

These units are primarily two bedrooms units, with a lot of three bedroom units as well, with an odd one or two four bedroom units (sorry, I am not sure how many, but they rarely come to market).  Some three bedroom units are on one level, while others have the upstairs bedroom as described above.

ABOUT COWPET BEACH RESORT / ELYSIAN:

(“CBR”) is also known as Elysian.  The majority of the units are utilized as timeshares, versus being wholly owned by one person or entity.  The resort was built more recently than CBW and CBE, being completed in the mid 1980’s.  The bulk of the units are two bedroom, three bathroom units, with the middle section holding the kitchen/living room utilizing a Murphy Bed or Sofa Sleeper to allow more sleeping spaces.  Each “room” of the condo has its own door to access, so these can be separated into three different “rooms” for rental purposes.  This offers a very flexible floorplan for rentals.  The complex has a tennis court and very nice large pool.  Note: owners at CBW and CBE can purchase memberships to the pool on an annual basis, to allow usage by themselves or their guests.

If you would like to consider other condominium complexes in your search, you may view our Special Searches for these other popular condominium complexes:  Sapphire Beach Resort and MarinaSapphire Hill VillageSapphire Bay WestMahogany Run, and Point Pleasant.  You may also view condominiums in various price ranges.

 

1 matches found

$410,000
7 Nazareth RH, St. Thomas,
View Photos (26)
Property Type: Condominiums
# of Bedrooms: 2
# of Bathrooms: 2
Square Footage: 1250
Area: St. Thomas
Description: Excellent opportunity to purchase in a highly sought after condominium comp...
Listing Office: Sea Glass Properties

Information deemed reliable but not guaranteed.