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Thursday, April 18, 2024
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Iconic Steele Point For Sale

The villas at Steele Point seem to dare gravity, perched on Tortola’s westernmost peninsula. (Photo: Don Herbert)

Steele Point, one of the British Virgin Island’s most recognizable properties, has been listed for sale, a real estate agent confirmed Friday. Current owners are asking $25 million.

A generation of boaters has sailed past the iconic grey wood estate at the narrows between Tortola and St. John, Great Thatch and Frenchman’s Cay. Perched above Soper’s Hole, the series of villas seem to dare gravity as they cling to the rocky peninsula at Tortola’s western end.

A generation of boaters have looked up at Steele Point as they pass between Tortola and St. John. (Photo: Don Herbert)

Lucienne Smith, managing partner of Road Town-based Red Coral Properties, listed the 13-bedroom estate on Oct. 20. It consists of four villas on eight acres, with four swimming pools, two private docks, a helipad, and room to build. Furnishings are included in the sale.

“Truthfully, I don’t think it would be built today, I think people would think it too bold and too expensive,” Smith said. “It’s a very contemporary space.”

The property was not structurally damaged in the 2017 hurricanes, and the owners used the occasion to upgrade doors and windows to better withstand future storms, she said.

“When it is for rental, it does incredibly well,” Smith said. “It’s in immaculate condition.”

Steele Point has been used as a private residence, rental villas, and a hybrid of the two over the years, she said. The four villas, Steele Point, Treehouse Villa, Blackbeard’s Hideaway, and Gestalt, were built at different times, each offering different views of Jost Van Dyke, Norman Island, St. John, and more.

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