A trust tied to the family of billionaire Les Wexner is the buyer of Norman Foster’s home on Martha’s Vineyard, The Real Deal has learned.
The entity, known as the Blue Heron Farm Nominee Trust, paid $37 million for the 30-acre property on Cobbs Hill Road, according to public records. The deal was first reported by the Vineyard Gazette.
Attorney Matthew Zeiger is named as the trustee in the deed for the property. Zeiger is based in New Albany, Ohio, a town Wexner lives in and is largely credited with developing, and serves as the office for the Wexner Family Charitable Fund, the Wexner Foundation and other companies tied to the family.
British architect Norman Foster paid $22.4 million for the property, known as Blue Heron Farm, in 2011 and has since renovated it, according to the Robb Report. It was rented by the Obamas for three summers between 2009 and 2011, with the former first family reportedly paying roughly $50,000 a week.
The home was once owned by real estate developer Anthony Fisher and his wife, Anne, before the couple died tragically in a plane crash in 2003. Only their daughter, Tora Fisher, who was 13 at the time, survived. Fisher was a senior partner at his family’s company, Fisher Brothers.
The property includes a 150-year-old barn, a main house with a wraparound porch, a boat house, guest house, tennis court and garage. It also features riding paddocks for equestrians and a private beach.
Maggie Gold Seelig of MGS Group and Brian Dougherty of Corcoran Property Advisors, the listing brokers for the property, did not immediately respond to a request for comment. Zeiger also did not respond to a request for comment.
The 87-year-old was the longtime chairman and CEO of clothing conglomerate L Brands, which includes Victoria’s Secret and Bath and Body Works. He stepped down in 2020 after selling a controlling stake in Victoria’s Secret to a private equity firm.
Wexner had a personal and professional relationship with Jeffrey Epstein that dated as far back as the 1980s. Wexner later hired the financier as a personal advisor and came under scrutiny for his ties to Epstein, a convicted sex offender who died by suicide in August 2019 in a New York City prison.
Wexner and his wife, Abigail, also own a sprawling megamansion in New Albany, Ohio, and a home in Jupiter, Florida, which they bought from retired golfer Greg Norman for $60 million in 2021. The couple also owns an equestrian farm in Wellington, Florida.
Katherine Kallergis contributed reporting.
Read more
Residential
South Florida
Wexner family buying Greg Norman’s Jupiter compound listed for $60M: sources
Residential
National
David Malm has a $100M portfolio in Martha’s Vineyard, Nantucket