Asking $65M, Jackie O’s Martha Vineyard compound looks to break a record

Two homes sit on a sprawling 340 acres, with private beaches

Jun.June 30, 2019 10:00 AM
Jacqueline Kennedy and Red Gate Farm (Credit: Getty Images)

Jacqueline Kennedy and Red Gate Farm (Credit: Getty Images)

Jacqueline Kennedy Onassis’s 340-acre Martha Vineyard’s compound is now on the market for $65 million.

Should the secluded beachfront property sell for its ask, the deal would shatter the island’s current residential record of $32.5 million, the Wall Street Journal reported.

Onassis’s daughter, Caroline Kennedy, told the Journal that her three children are now adults, leading her to sell the compound.
LandVest’s Thomas E. LeClair and Gerret C. Conover have the listing.

An aerial view of the 340-acre Red Gate Farm

An aerial view of the 340-acre Red Gate Farm

The estate, which was refurbished by Kennedy and her husband Edwin Schlossberg, comes with a main 6,456-square-foot, five-bedroom home and a guesthouse with four more bedrooms. Most of the rooms have ocean views.

The compound also comes with a tennis court, pool, freshwater ponds and more than a mile of private beach.

Onassis had married shipping mogul Aristotle Onassis five years after the assassination of President John F. Kennedy, whose summer White House was located not too far away, in Hyannis on Cape Cod.

But for Onassis, Martha’s Vineyard felt more private, according to the Journal. The first lady bought her property, dubbed Red Gate Farm, in the 1970s for $1 million.

“She loved exploring the Cape, sailing Nantucket Sound with my father, and being part of all the family activities in Hyannis Port,” Caroline Kennedy told the publication. “But when my brother and I were grown, she wanted a place of her own.”

[WSJ] — Mary Diduch

Related Articles

A glamping tent in Mount Maunganui, New Zealand (Credit: iStock)

New pastime for the rich and famous: “glamping”

A rendering of Magna Carta Park and an illustration of King John signing the Magna Carta

Your next home could be at the birthplace of democracy, property rights

West Creek Ranch and Gateway Canyons Resort and Spa

Discovery Channel founder throws in a car museum and resort to sweeten listing

(Credit: iStock)

It’s over for Barneys: Luxury retailer to be sold, stores closed

Ribbon CEO Shaival Shah (Credit: iStock, Pixabay)

Ribbon raises $330M to aid all-cash buyers

(Credit: iStock)

S&P hits another record, but real estate stocks don’t follow suit

Soho House New York at  29-35 9th Avenue and Soho House CEO Nick Jones (Credit: Getty Images, Google Maps)

It doesn’t turn a profit, but Soho House is now valued at $2B

Lenders issued the most mortgages in 14 years last quarter (Credit: iStock)

Nonbank lenders could give serious boost to cooling housing market