A Martha's Vineyard estate purchased in 1970 by Jacqueline Kennedy Onassis, seen here as first lady Jacqueline Kennedy in 1962, is on the market with a list price of $65 million. (Photo: John F. Kennedy Library, AFP/Getty Images)
Looking for a beautiful ocean view and a connection with a cultural icon?
Then you might be interested in purchasing the Martha’s Vineyard estate of the late Jacqueline Kennedy Onassis, the widow of President John F. Kennedy. But you’d better bring a fat wallet. The listing price is $65 million.
After 40 years of family ownership, Caroline Kennedy, Onassis’ daughter and a former U.S. Ambassador to Japan, has listed the property, Red Gate Farm, with Christie’s International Real Estate. The estate served as a summer home for Onassis, her children and her grandchildren.
Onassis, who died in 1994, bought Red Gate Farm in 1979, according to the Christie’s listing. The 340-acre property had a mile of Atlantic Ocean beachfront but, at the time, just one structure: a small hunting cabin.
Caroline Kennedy, seen here at the 2017 Profile in Courage Award ceremony at the JFK President Library and Museum in Boston, is the daughter of President John F. Kennedy and Jacqueline Kennedy Onassis. (Photo: Steven Senne, AP)
She purchased the property for $1.1 million, according to the Vineyard Gazette.
According to Christie’s, Rachel Bunny Mellon, who had redesigned the White House Rose Garden when her friend Jackie Kennedy was first lady, designed the landscapes for the Martha’s Vineyard property.
Architect Hugh Newell Jacobson designed the property’s Cape Cod-style main house and two-story guest house, which were completed in 1981. Caroline Kennedy commissioned Yale School of Architecture Dean Deborah Berke to renovate and expand the five-bedroom main residence, which covers 6,456 square feet, in 2000.
If the property sells for its listed price, or anywhere near it, it will set a record for a single-family home on Martha’s Vineyard, according to The Wall Street Journal. The current record, which is half that amount, $32.5 million, was set in January with the sale of an estate once owned by the late Katharine Graham, publisher of The Washington Post.
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