A developers dream! Carol Point Estate offers a one-of-a-kind opportunity to own an entire 7 acre peninsula with a rock-solid concrete structure ready for renovations. The home is a post-hurricane fixer-upper with unbelievable potential to create your dream property on Water Island. The island offers serenity and privacy while only being a 10-minute boat or ferry ride to St. Thomas. Water Island also offers beautiful white sand beaches, restaurants, tennis, and more all just a golf-cart ride away. The 3 bedroom/3.5 bathroom home boasts large bedrooms, beautiful outdoor space, and stunning views. A garage/workshop also remains.