Price Reduction - Water Views
Address
24 Martineau, VIEQUES, PR
Price
$ 1,690,000
Property Attributes
  • MLS#PR9104527
  • TypeSingle Family
  • CountyVIEQUES
  • CityVIEQUES
  • AreaVieques
  • NeighborhoodMartineau Estates
  • Zip00765
  • StyleMediterranean
  • Year Built2008
  • Taxes$ 6500
  • Price$ 1,690,000
  • Bedrooms5
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage4691
  • Lot Size0.31 Acres
Data Source:
Stellar MLS
Property Description

Welcome to Villa Sandcastle and Casitas, a distinguished property in the exclusive Martineau Beach Estates, once part of the W Hotel enclave on Vieques Island, Puerto Rico. This is more than just a home; it's an invitation to embrace the coveted Caribbean lifestyle, surrounded by the allure of Vieques properties and the enchanting beauty of Puerto Rico. Villa Sandcastle stands as a beacon of luxury living, offering an unparalleled experience in Caribbean life. Imagine waking up each day to the gentle sound of waves from the secluded beach across the street, where the turquoise waters of the Caribbean Sea stretch as far as the eye can see. The villa, situated on a cul-de-sac of eleven exclusive residences, with a path to the beach across the street, boasts a grandeur that is both inviting and impressive. The heart of this property is the 3-bedroom villa, accentuated by two separate casitas, each a private retreat with its own bedroom, ensuite full bathroom, and air conditioning. The sense of privacy and exclusivity is palpable, as the villa perches 10 feet above street level, its lush gardens and expansive patio area offering sweeping ocean views and an exceptional outdoor living experience. The centerpiece, a 20x40 foot tiled pool, invites relaxation and entertainment, complemented by a well-equipped exterior kitchen, pool bar, and gas grill for unforgettable alfresco dining. The casitas themselves are a testament to the property's versatility, boasting an excellent rental history that presents you with the opportunity to enjoy your Caribbean dream while generating income. The main villa, used exclusively as a primary residence, remains untapped potential for those looking to explore rental opportunities, promising exponential revenue growth when fully utilized. As you ascend the steps to the main villa, you're greeted by a grand foyer that introduces the elegance and scale of this magnificent residence. Each bedroom, with its ensuite bathroom, air conditioning, and high ceilings, offers a sanctuary of comfort. The villa's design maximizes natural light and ocean vistas, particularly evident in the open-plan second floor, where entertaining comes to life. The kitchen, equipped with premium Viking appliances, is a focal point for social gatherings, seamlessly flowing into the living area and out onto the large balcony, where the Caribbean Sea beckons. The master suite, with its direct balcony access, walk-in closets, and luxurious bathroom featuring a jacuzzi tub and separate shower, epitomizes the villa's refined approach to Caribbean living. Additional comforts include split air conditioners throughout the villa and casitas, ensuring optimal comfort. A private library and office, perched high above, offer panoramic views that capture the essence of Vieques – a blend of natural beauty and architectural grace. Designed by EDK Designs and built to perfection in 2008 by Claritza Navarro of M&M Construction, this compound is a solid testament to quality and style, with a footprint of 4,691 square feet of concrete construction, encompassing 5 bedrooms and 6.5 bathrooms. Amenities such as a propane Generac generator, cistern, satellite TV, security cameras, and internet enhance the living experience, ensuring comfort and connectivity. With property taxes at $6,500 per year and a modest monthly HOA of $205 covering security, trash removal, beach, and common area maintenance, the villa offers both luxury and practicality.

Price History
2/11/2024 Listed $1,950,000
4/22/2024 14% - $1,690,000

General Features

Interior Features Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Kitchen/Family Room Combo,Open Floorplan,PrimaryBedroom Upstairs,Solid Surface Counters
Sewer Public Sewer
Heating None
Cooling Mini-Split Unit(s)
Utilities Electricity Connected,Water Connected
Roof Metal
Appliances Cooktop,Refrigerator
Exterior Features Balcony,French Doors,Garden,Outdoor Kitchen,Outdoor Shower
Zoning R
HOA 205
Garage Spaces 2
Association Fee Includes Insurance,Maintenance Structure,Security,Sewer,Trash
Patio/Porch Features Patio
Architectural Style Mediterranean
Pool Features In Ground
Construction Materials Concrete
Pets Allowed Yes
Year Built 2008
View Water
Levels Three Or More
Property SubType Single Family Residence
Percent Ownership Fee Simple
Community Features Water Access,Gated Community - Guard
Assoc Fee Paid Per Monthly
County Vieques
New Construction No
Property Type Residential
Association Amenities Gated
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name MARTINEAU ESTATES
Facing Direction North
Garage Y/N Yes
Total Rooms 4
Status Active
Directions When entering the old W Hotel,after the guardhouse turn right. House is the first house on your right.
City VIEQUES
Buyer Agent Compensation 6%
Body of Water Caribbean Sea
MLS Area 00765 - Vieques
Lot Size Square Feet 13333
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Street Name Martineau
Listing Terms Cash,Conventional,FHA
Tax Annual Amount 6500
Property Condition Completed
Public Remarks Welcome to Villa Sandcastle and Casitas,a distinguished property in the exclusive Martineau Beach Estates,once part of the W Hotel enclave on Vieques Island,Puerto Rico. This is more than just a home
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9104527
Days on Market 73
Builder Name M&M Construction
Standard Status Active
Water View Gulf/Ocean - Full
Water Access Type Gulf/Ocean
Monthly HOA Amount 205

Interior Features

Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Full Baths 6
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 5
LivingAreaSource Estimated
Total Baths 7
Living Area Units Square Feet

Exterior Features

Lot Features Cul-De-Sac
Water Source Public
Lot Size Area 13333
Foundation Details Slab
Building Area Total 5403
Lot Size Acres 0.31
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 00765

Price
AVG $700K
$1.69M
Taxes
AVG $2,598
$6,500
Visits
AVG 638
284
Data Provided by Inside Real Estate®
Year Built
AVG 1993
2008

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