Jeffrey Epstein’s Caribbean Islands Now Available For $76.5 Million Each
Buyers can still purchase Great St. James and Little St. James together for around a discounted $153 million
2 min
Jeffrey Epstein’s estate is cutting the price of two private Caribbean islands that were owned by the late disgraced financier, according to one of the listing agents.
The islands, known as Great St. James and Little St. James, were first listed as a pair for $125 million in March. They will now be available separately for $76.5 million apiece, representing a 12% reduction in the overall ask, one of the listing agents said. If a buyer wanted to purchase both, they could still do so for a combined $153 million.
Located in the U.S. Virgin Islands, the properties are among the final pieces of Epstein’s sprawling international property portfolio, portions of which have already sold for large sums.
The estate sold Epstein’s Upper East Side Manhattan mansion for $71 million in March 2021, and his Palm Beach home for $25.7 million in March 2021, The Wall Street Journal reported. The Palm Beach home has since been torn down.
Adam Modlin of Modlin Group, one of the agents marketing the islands, said that several potential buyers have expressed interest in the properties, but that there was more interest in them individually than as a pair.
Great St. James, located across the bay from St. Thomas, spans more than 160 acres and has only a small collection of structures as well as a marine preserve known as Christmas Cove, listing materials show.
Little St. James 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.
Epstein, who died in an apparent suicide at a New York detention centre in 2019, was accused by Virgin Islands prosecutors in 2020 of bringing girls as young as 11 to the islands and sexually assaulting them.
Daniel Weiner, an attorney for the Epstein estate, said proceeds from the sale of the islands will go to resolving outstanding lawsuits and the costs of the estate’s operations and will be subject to tax authorities, creditors and other claimants, including liens placed on the properties by U.S. Virgin Islands Attorney General Denise George.
Mr. Modlin is marketing the properties with Bespoke Real Estate and in partnership with a local Virgin Islands firm, Christie’s International Real Estate the Saints.
Epstein’s other remaining properties include a ranch in Santa Fe, N.M., which is listed for $38.3 million.
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This stylish family home combines a classic palette and finishes with a flexible floorplan
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The home in the village of Sagaponack has plenty of balconies to take in the surrounding water views
3 min
A waterfront home in the Hamptons village of Sagaponack, New York, is on the market for the very first time.
Asking $25.95 million, the gray shingle-style home was built in 2008 by the seller and has since been available as a summer rental, but it’s never been up for sale.
Designed by architect Faruk Yorgancioglu, the “waterfront home offers privacy and panoramic beauty that cannot be duplicated under today’s zoning laws,” said co-listing agent Marilyn Clark of Sotheby’s International Realty – Bridgehampton Brokerage.
The seller bought the property, which at the time had two small structures, at auction in 2005 for approximately $2 million, according to co-listing agent Deborah Pirro of Daniel Gale Sotheby’s International Realty. Mansion Global could not contact the seller.
The home hit the market Thursday, and in addition to Clark and Pirro, it is co-listed by Raquel Lopez of Sotheby’s International Realty – Bridgehampton Brokerage and Diane Anderson of Daniel Gale Sotheby’s International Realty.
Spanning 6,000 square feet, the home is filled with bright interiors, which were designed by New York-based interior designer Steven Gambrel. The open gourmet kitchen flows into a casual dining area and a living space with a fireplace, which is one of two double-sided fireplaces in the home, Pirro said.
Jaime Lopez for Sotheby’s International Realty
“The placement and scale of fireplaces throughout the home is perfection,” she added.
A separate dining room has French doors that open onto a deck, listing photos show.
There are six en-suite bedrooms, including two primary bedrooms. The larger of the two is its own private retreat, outfitted with a fireplace, a sunroom and a large balcony, offering a space to watch the sun set over Sagaponack Pond, according to Sotheby’s.
The home sits on a little more than an acre of waterfront land, bordering Sagaponack Pond, where there’s a private dock, and looking out at the Atlantic Ocean in the distance.
“The location on the pond with the view of the ocean waves breaking is spectacular and unique,” Clark said. “You are close to beaches and the Sagaponack General Store. It is a quick paddle to the famous Sagg Main Beach.”
Other outside amenities include a gunite swimming pool and a hot tub, which are surrounded by a spacious deck, as well as a pool cabana, which has a full bathroom, changing rooms and a sauna. There’s also multiple balconies, decks and a screened porch overlooking the pool, striking a balance between indoor and outdoor living.
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This stylish family home combines a classic palette and finishes with a flexible floorplan
