Château Sainte-Croix sells | Source Saint-Thomas

The iconic St. Croix Castle (Photo: Calabash Real Estate)

The hilltop castle east of St. Croix is ​​officially off the market, sold to a Crucian native for $9.5 million, the realtor said Thursday.

One of the territory’s most iconic and unusual properties, the six-bedroom, six-bathroom, 9,500-square-foot hilltop estate sits on over 102 acres next to the St Croix Yacht Club . Its tall, curved windows, Moorish-inspired parapets, and pronounced central dome are more North African fortress than vernacular West Indian.

The property was reportedly originally listed at $15 million in 2016, was briefly reduced to $8.9 million and eventually closed at $9.5 million. The buyer was John Alexander, born in the US Virgin Islands, said Honnie Edwards, founder of Calabash Real Estate, which facilitated the sale.

Alexander, who lives in Pocatello, Idaho, plans to open a financial services company in Sainte-Croix. The Wall Street Journal reported that Alexander plans to develop the property as event space, for short-term rentals, and add commercial spaces for retail stores and more.

Edwards confirmed development plans but declined to elaborate beyond saying details would come soon.

The sale of the castle joins two other major real estate stories in the area. On Wednesday, the Source reported two islands once owned by disgraced financier Jeffery Epstein have been put up for sale for $125 million, and that the U.S. Virgin Islands government had sold St. Croix’s King’s Alley Hotel for $3.65 million after 20 years on the market.

Edwards said real estate in the territory was hot.

“There are strong sales at all price points in the Virgin Islands right now,” she said. “What drives him is the need for housing and also the liquidity of COVID. A lot of people were sitting on a lot of money. And the opportunity; there are just a lot of opportunities here. We have a large airstrip. We have fiber. We have a workforce. We have space and green spaces, which people like to see.

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