Jeffrey Epstein’s Caribbean Islands Now Available For $76.5 Million Each
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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

By Katherine Clarke
Mon, May 30, 2022Grey Clock 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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The waterfront residence is one of Port Stephens’ finest homes.

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In the coastal township of Salamander Bay — nearby to Port Stephens — comes a unique home crafted to take full advantage of unbroken ocean vistas across three levels.

With one-of-a-kind flair, the stunning 5-bedroom, 3-bathroom, 3-car garage home of 52 Randall Drive Salamander Bay is nestled on a private 577sqm plot, optimised through intelligent design to take advantage of the Port Stephens landscape and lifestyle.

Within the home sees the typically coastal textures of natural oak floor and timber feature walls take hold while stone and tiled adornments add layers of luxury.

The open plan living, kitchen and dining areas incorporate a fireplace and near floor-to-ceiling glass that opens to create a seamless indoor-to-outdoor dining and entertaining space on the home’s top floor.

The heart of this area is the kitchen, centred around a marble-topped island, state-of-the-art European appliances and an attached bar area, with built-in refrigeration, accompanied by a butler’s pantry.

Also here comes a grand outdoor spa, central to the balcony, while another outdoor entertaining area with a pizza oven is found on the middle floor.

Downstairs once again comes a second living space replete with the perfect wine cellar — cooled by the natural rock foundation of the home — offering an array of entertaining options

Of the home’s accommodation comes a private and luxurious master retreat with expansive ocean views, a walk-in wardrobe and an ensuite, here, speckled with grey terrazzo tiling and timber joinery vanities.  A further four bedrooms are found throughout the home along with two family bathrooms rounding out the offering.

Less than a five-minute walk from nearby amenities of shops, restaurants, cafes and beaches the home offers the best of the Port Stephens area.

The listing is with PRD Port Stephens’ Dane Queenan (+61 412 351 819) and Erin Sharp (+61 499 912 311) and is heading to auction; prd.com.au