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.
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
Luxury carmaker delivers historic revenues, record global sales, and robust profitability amid ambitious product transformation.
Fourth-quarter revenue climbed 24% to 110.61 billion yuan, equivalent to $15.30 billion, but missed estimates.
The 25-room mansion was built for an heiress and later belonged to a socialite and architect on the Empire State Building.
2 min
A 110-year-old Colorado estate that has hosted Frank Sinatra and Lyndon B. Johnson just slashed $10 million off its price tag.
The 12,000-square-foot manor house—with 25 rooms—and its five accessory dwelling in the alpines of Evergreen was relisted on Friday asking $16.8 million, down from its initial $26.8 million price in 2023.
The sellers, Richard and Pamela Bard, who paid $1.3 million for the “legacy property” named Greystone Estate in 1992, have shopped it around on and off for the past 20 years, according to agent Jessica Northrop at Compass Real Estate.
Richard Bard, CEO of his own private equity firm, has “hosted many corporate events and retreats where important business is discussed but they are also able to relax,” Northrop said. “Greystone has a special way of making people feel at ease.”
Bard said “it’s not a casual effort” to sell. He said it’s difficult to find a buyer with the facilities to “take care of it.”
The Bards intend to move closer to their children in Denver.
Before the Bards, Greystone Estate had several eras—as a summer house, a guest ranch and a business base—since it was built in 1915 by Genevieve Phipps, an industrialist’s daughter.
Phipps, who spent her inheritance on the land, built the 54-acre summer escape with the “elegance and feel of a fine Adirondack mansion combined with a mountain rustic style,” according to an online record of the estate’s history.
Its heyday, arguably in the 1940s to 1980s, saw Sinatra, Johnson and Groucho Marx come through its doors, when its owner William Sandifer, a socialite and one the Empire State Building’s architects, operated a guest ranch out of the place.
The Bards, who used a carriage house on the property as their company headquarters, completed Greystone’s full modernization in 1997. They also opened up the living and dining areas to receive more light, raised the ceiling on the upper level and combined several rooms to create a primary suite.
They replaced an outdoor pavilion and its helipad with something more suitable for their daughter’s wedding in 2001, according to Northrop.
The main 25-room manor includes a wine cellar, bar, gym and library.
The additional structures, which include a cottage, a log cabin, a pool house, a carriage house and a pavilion and guest house, surround the pool area and overlook acres of aspen groves and mountains.
Designer and gallery owner Yahya Rouach offers his go-to places to stay, dine and sightsee while in the bustling Moroccan metro.
With the debut of DeepSeek’s buzzy chatbot and updates to others, we tried applying the technology—and a little human common sense—to the most mind-melting aspect of home cooking: weekly meal planning.
