SAN JOSE, Calif. -- Thatch Cay, the 230-acre Caribbean island 10 minutes by water taxi from Coki Point in St. Thomas, U.S. Virgin Islands, may be sold for $4.6 million to a California developer who saw the property listed on eBay last month.

A closing is expected in a few weeks.

The January auction ended without a deal, but three serious bidders showed an interest, according to Scott McIntyre, the island's owner.

He originally marketed the parcel of paradise for $22 million.

An eBay spokesman said the original listing drew 200,000 hits.

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