The most expensive listing of Martha's Vineyard has reportedly made its way into the listing market with an asking price of $118 million. The listing is one of the most expensive in the country.
According to the Wall Street Journal, the estate is a 314 acre property owned by Gery DeBlois and a family trust. DeBlois apparently accumulated the property over the years since 1981 and spends around six months a year at the estate. However, he has decided to sell as he is getting old.
"It's a special, private, peaceful place I've enjoyed for 30 years," he said to WSJ.
The state has a 5,600 square feet home that was built in 1985. The home boasts of luxury amenities complete with a modern gym and a 12,000 bottle wine cellar. Outside the home has sprawling greens and a large infinity swimming pool. The estate also has a 700 square feet guest house, two ponds and about 1200 feet of beach front.
Grace Bloodwell and Charles Carlson, brokers at South Light Property have the listing. Check out the photos of the estate, here.
Martha's Vineyard is a great summer vacation place. Check out some easy vacation rentals in the area, here.
The Martha's Vineyard estate is just about $72 million shy of the most expensive listing of the country. A water-front mansion in Greenwich, Connecticut, forayed into the market in May 2013, with an asking price of $190 million.
According to the listing records, the residence is set in a 50 acre beach-front lot. Built in 1898, the home is a 13,519 square feet single-family residence, comprising of 12 bedrooms, seven full and two half bathrooms.
Check out the photos of the most expensive listing of America, here.
Other expensive listings include, the Penthouse atop the Pierre Hotel that asks $125 million and the Swain's Neck Estate on Nantucket Island asking $47.5 million.
