Epstein bought Little St. James island, just off the east coast of St. Thomas, in 1998, and had purchased the neighboring Great St. James island in 2016. Previously valued at $ 650 million, the islands will now be priced at a steep discount — a mere $125 for the pair.

Little St. James, which Epstein reportedly purchased through one of his companies for just under $8 million, is an island of approximately 70 acres about a mile away from St. Thomas, the administrative and commercial capital of the U.S. Virgin Islands.

It features as the setting for the many lurid tales of sexual abuse and exploitation told by Epstein’s accusers, many of whom say they were minors when Epstein and his wealthy associates flew them to Little St. James, nicknamed “Pedophile Island” for raunchy parties and full-on orgies.

One of Epstein’s accusers says she was 15 when she tried to run away from Epstein’s compound on Little St. James, but that he and his guests organized a search party to hunt her down, and then took away her passport when they found her trying to swim away to prevent future escape attempts.

Epstein’s purchase of Great St. James for $18 million was said to be in an attempt to make it more difficult for potential escapees to make it to the nearest population center, since the island lies between Little St. James and the island of St. John.

The sale of Epstein’s two private islands in the USVI comes months after his two other properties — an estate in Palm Beach Florida and a mansion in Manhattan New York — were sold for just under $70 million altogether. The funds from the liquidation of Epstein’s properties by his estate will go towards settling lawsuits filed by the sex offender’s alleged victims, as well as towards defraying the costs of maintaining the properties racked up since Epstein is said to have killed himself in a federal jail in 2019 while awaiting trial on sex trafficking charges.

Meanwhile, the estate’s attorneys have said they are quote “extraordinarily close” to settling a 2020 lawsuit for civil racketeering that was filed by the USVI Attorney General.

They also disclosed that the Epstein Victims Compensation Fund, which was set up in order to bypass lengthy and costly lawsuits, had paid out about $125 million to nearly 150 victims whose claims had been approved by the fund. That fund closed in August of last year, with approximately 92 percent of the 225 approved claimants agreeing to accept compensation from Epstein’s estate.

The eventual sale of Little and Great St. James to new owners will mark a major step towards closing another chapter of the sordid tale of Jeffery Epstein, an influential financier turned felony sex trafficking suspect.

Previously valued at $ 650 million, the islands will now be priced at a steep discount — a mere $125 for the pair.

Epstein’s purchase of Great St. James for $18 million was said to be in an attempt to make it more difficult for potential escapees to make it to the nearest population center, since the island lies between Little St. James and the island of St. John.