Saturday, January 7, 2012

ANOTHER TROPHY! Bunny Mellon's Cape home

 17 Indian Trail
Osterville, MA
$28,740,000
 On Cape Cod's renowned private island, Oyster Harbors, this extraordinary estate encompasses more than 26 acres of private, secure peninsula and is one of the most significant parcels on the entire East Coast of the U.S. Nearly 1,000 ft. of shorefront as well as spectacular views of the Seapuit River, Sampson's Island and beyond to Nantucket Sound. A rare, once-in-a-lifetime jewel, available in its entirety or in individual parcels. A main residence, substantial guest and staff quarters, nestled on over seven exquisitely landscaped acres. Beach house, detached loft studio, greenhouses, tennis court, seasonal dock, expansive lawns, gardens and orchards. Private waterfront building site of six acres with gorgeous views. Six additional 2+ acre building lots complete the property. Please verify all information stated herein.
From the Wall Street Journal's Private Properties:
Rachel "Bunny" Mellon has listed her 26-acre waterfront compound on a private Cape Cod island for $28.7 million. The 101-year-old Ms. Mellon, long one of the wealthiest women in America, and her late husband, philanthropist and banking heir Paul Mellon, bought the property in the 1940s. They built a cedar-shingled, Cape Cod-style house of about 7,000 square feet on the main, seven-acre parcel, plus a beach house, detached artist's studio, greenhouses and a tennis court. Ms. Mellon, a noted horticulturist who designed the White House Rose Garden for her friend Jacqueline Kennedy, also created orchards and gardens on the estate. The property has almost 1,000 feet of shorefront and is available in its entirety or in parcels.
Ms. Mellon, whose main residence is in Virginia, is selling because she doesn't use the property frequently anymore, says listing agent Jack Cotton of Sotheby's International Realty. Mr. Cotton says the hope is to find a conservation-minded buyer for the entire estate.





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