Bahamian islands owned by late coal billionaire ask $30M

277-acre compound includes nine islands in the Abacos

TRD NATIONAL /
Nov.November 29, 2019 03:30 PM
Cline’s Bahamian compound (Credit: Corcoran Group)

Cline’s Bahamian compound (Credit: Corcoran Group)

A group of private islands in the Bahamas that hosted President Richard Nixon will hit the market for nearly $30 million.

The nine islands were owned by the late billionaire Chris Cline, who died in a helicopter crash in July on his way off the property. Cline’s estate is selling the Bahamian compound, which is made up of 277 acres in the Abaco Islands, the Wall Street Journal reported.

Cline was killed over the summer along with his daughter, friends of hers and the pilots.

The islands are less than 70 miles away from South Florida’s coastline. They include Big Grand Cay, with seven houses, staff homes, a dorm-style building, a pool, marinas, a gym, tennis, pickleball and basketball courts, and a professional kitchen.

Hurricane Dorian, which wreaked destruction to part of the northern Bahamas, caused only minimal damage to Cline’s property, the Journal reported. The main island has generators that power the entire property.

Nixon was a visitor to the Bahamian islands when they were owned by the late Robert H. Abplanalp, who invented a modern version of the aerosol valve.

Bill Yahn of the Corcoran Group and John Christie of H.G. Christie Ltd. in Nassau share the listing. [WSJ]Katherine Kallergis