Last August, Gerald DeBlois, the owner of Homer's Pond on West Tisbury's south shore, listed a
266-acre parcel for $92 million.
It's still on the market. But now DeBlois has sweetened the listing with another 50 acres and his home at the new record
price of $118 million. Caroline Kennedy,
your move.
The
addition of the DeBlois home and surrounding property to the previous
sale package expands the beachfront area to be sold. It also has the
effect of reducing the price of what went on the market last year from
$92 to $74 million. The price on the DeBlois house and surrounding
acreage is $44 million. The properties may be sold separately or
together, the owner and his agents said.
This marks the second time in the past three months that a
significant Island property has been placed on the market with an asking
price of many millions. In early May the Kennedy family listed two
large, undeveloped oceanfront lots for sale at Red Gate Farm in
Aquinnah; they are priced at $25 million for a 53-acre lot and $20
million for a 39-acre lot. The lots are still on the market.
Remote beachfront populated only by shorebirds.
— Mark Lovewell
Mr. DeBlois told the Gazette this week that he made a strategy
decision to put everything up for sale because he thought it might be
more attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
The
addition of the DeBlois home and surrounding property to the previous
sale package expands the beachfront area to be sold. It also has the
effect of reducing the price of what went on the market last year from
$92 to $74 million. The price on the DeBlois house and surrounding
acreage is $44 million. The properties may be sold separately or
together, the owner and his agents said.
This marks the second time in the past three months that a
significant Island property has been placed on the market with an asking
price of many millions. In early May the Kennedy family listed two
large, undeveloped oceanfront lots for sale at Red Gate Farm in
Aquinnah; they are priced at $25 million for a 53-acre lot and $20
million for a 39-acre lot. The lots are still on the market.
Remote beachfront populated only by shorebirds.
— Mark Lovewell
Mr. DeBlois told the Gazette this week that he made a strategy
decision to put everything up for sale because he thought it might be
more attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
Mr.
DeBlois told the Gazette this week that he made a strategy decision to
put everything up for sale because he thought it might be more
attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
Mr.
DeBlois told the Gazette this week that he made a strategy decision to
put everything up for sale because he thought it might be more
attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
Mr.
DeBlois told the Gazette this week that he made a strategy decision to
put everything up for sale because he thought it might be more
attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
Mr.
DeBlois told the Gazette this week that he made a strategy decision to
put everything up for sale because he thought it might be more
attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
Mr.
DeBlois told the Gazette this week that he made a strategy decision to
put everything up for sale because he thought it might be more
attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf
Mr.
DeBlois told the Gazette this week that he made a strategy decision to
put everything up for sale because he thought it might be more
attractive to a buyer or possibly a group of buyers.
“We obviously have had the property on the market since last July and
decided sometime this winter that we needed to refocus,” he said. “And
we became convinced that to attract people to the property we needed to
do this. I’m 72 years old and I don’t want to do this twice.”
- See more at: http://mvgazette.com/news/2013/07/11/west-tisbury-property-goes-market-record-118-million#sthash.jx9EK0wa.dpuf