For the third time in a 100-year history, this island compound off the North Shore of Long Island is looking for a buyer. Anybody willing to spend $125 million can own what’s known as Dosoris Island–which includes 46 acres of land, 10 acres of underwater rights and a 28-acre pond. On top of that, the island is home to a compound built by Junius Morgan, a J.P. Morgan scion, with six homes, landscaping by Frederick Law Olmsted, and all sorts of other perks. A pool, private dock, and horse stables–it’s all included in this magnificent private island package listed by Sotheby’s.
This private island upstate in Putnam County has an incredible backstory and stunning home (it’s also located just 15 minutes by plane from Manhattan, via the houses’s rooftop helipad), and it’s up for grabs at an ask of $14.92 million. Mansion Global shared the tale of how a Frank Lloyd Wright home, designed by the architect to rival his iconic Fallingwater, ended up on the grounds of this 11-acre, heart-shaped property known as Petra Island. Not only does it employ Wright’s signature cantilevering and series of outdoor terraces, but inside, there are giant stone boulders jutting into spaces from the living room to the shower stalls.
The Hamptons are increasingly a hotbed for crazy real estate offerings, from Andy Warhol’s recently listed former compound now selling for $85 million to the teeny tiny trailer in Amagansett asking $1.2 million earlier this year. But now NPR reports that there’s an 840-acre island just off the tip of Long Island complete with miles and miles of untouched shoreline, acres of undeveloped woods, a lighthouse and a ferry terminal that could go for as much as $1 billion when it hits the auction block. Oh, yes, and it’s also contaminated with foot-and-mouth disease.
Yesterday we learned that you can buy an entire island for $11 million, far less than the hundred-million-dollar condos popping up in Manhattan. So, you can spend one-tenth the price of the One57 penthouse, and instead of 10,923 square feet of glass-enclosed space, you’ll get 3.5 acres of land, a private beach, huge swimming pool, a 6,100-square-foot main house, and several other properties on the complex. Now that we’ve given you a little perspective, tell us what you think about this comparison.
Considering the fact that New York City townhouses go for tens of millions of dollars and luxury condos are climbing into the hundred million range, $11 million for an entire private island and mansion seems like quite the bargain.
Tavern Island is a 3.5-acre piece of land located in the Long Island Sound near Rowayton, Connecticut, overlooking NYC. According to the Daily Mail, in the 1950s and ’60s, theater impresario and lyricist Billy Rose owned the island and hosted lavish parties for the likes of Marilyn Monroe, Maureen O’Sullivan, and Barbara Streisand. In addition to these epic bragging rights, the new owner of the island will gain a six-bedroom English Colonial mansion dating to 1900, private beach, swimming pool, and a docking area and boat for access the mainland.