Home ECONOMY Jeffrey Epstein's Virgin Islands properties undergo price cut

Jeffrey Epstein’s Virgin Islands properties undergo price cut

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It’s no surprise that Jeffrey Epstein’s two islands in the Caribbean, notoriously referred to as “pedophile island,” are having a hard time scoring a buyer.

The islands, known as Great St. James and Little St. James, listed together in March for $ 125 million. But now, the two US Virgin Islands have hit the market for $ 55 million apiece, representing a 12% reduction in the overall ask, according to the Wall Street Journal.

The option to purchase both islands is still on the table, only now it will cost a combined $ 110 million.

Despite needing to lower the price tag and distinguishing the two islands, listing rep Adam Modlin of Modlin Group told the Journal that several potential buyers have expressed interest in the properties, but that there was more interest in them individually than as a pair.

If sold, this would mark some of Epstein’s final properties amid his sprawling international real estate portfolio.

Jeffrey Epstein’s infamous US Virgin Islands properties are now available for less.
Here are aerial views of Little Saint James island in the Caribbean.  These photos, taken December 4, 2021 show the sprawling compound on the island owned by Jeffrey Epstein
Little St. James island.

Epstein’s estate sold his longtime Manhattan mansion for $ 51 million in March 2021, and his Palm Beach home for $ 18.5 million. The Palm Beach residence has already been torn down to build a new structure on the land.

His Sante Fe, New Mexico, ranch remains for sale for $ 27.5 million. And his Paris luxury abode was on sale earlier this year.

The convicted pedophile is said to have flown victims to the island where he routinely sexually assaulted them with no chance of escape.
The convicted pedophile is said to have flown victims to the island where he allegedly sexually assaulted them with no chance of escape.
An aerial view of the tomb.
An aerial view of the blue-and-white-striped structure, which was supposed to be a music pavilion.

Daniel Weiner, an attorney for Epstein’s estate, told The Post that all the money from the properties will go to resolving outstanding lawsuits and the costs of the property’s operations.

Court exhibit images released during the trial of Ghislaine Maxwell show Epstein’s Little St. James Island home.
This photo taken December 4, 2021 show the sprawling compound on the island owned by Jeffrey Epstein.
The sprawling compound.
A no trespassing sing is seen at Great St.  James Island, a property linked to financier Jeffrey Epstein near Charlotte Amalie, St.  Thomas, US Virgin Islands August 17, 2019.
A “No trespassing” sign on the shore of Great St. James Island.

“The proceeds from the sale are expected to be used for the estate’s regular administration, including its payment as necessary of taxes, creditors and claimants,” Weiner said.

Great St. James, across the bay from St. Thomas, spans more than 160 acres. Epstein had only purchased the island in 2016, three years before his arrest on sex trafficking charges. The island was in development, with only a small collection of structures having been built.

Meanwhile, Little St. James, most notoriously known as the island where Epstein allegedly sexually abused minors, has over 70 acres, a helipad, a private dock, a gas station, two pools, a main residential compound, four guest villas, three private beaches, a gym and a tiki hut.

Jeffrey Epstein owned properties at Little St.  James Island near Charlotte Amalie, US Virgin Islands.
A blue-roofed structure at the Epstein compound.
A blue-striped structure sits on a lookout point on Little St. James Island.
A view of Jeffrey Epstein's stone mansion on Little St.  James Island, a property owned by Jeffrey Epstein, Wednesday, August 14, 2019.
A view of the stone mansion on Little St. James Island.

Modlin, along with Bespoke Real Estate – and in partnership with a local Virgin Islands firm, Christie’s International Real Estate the Saints – holds the listing.

On Aug. 10, 2019, Epstein was found dead of a suicide at a New York detention center while awaiting trial on federal sex trafficking charges.

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