When the billionaire investor, collector and competitive sailor Bill Koch set the first foot to Cape Cod in the 1970’s, he did so as a guest on one of the most stored farms in the area.
The summer house of the banking heir Paul Mellon and his wife, the renowned Horticultural Rachel “Bunny” Mellon, was a lighthouse of quiet elegance, full of art and cultivated gardens, and often visited by intimate friends Jacqueline and John F. Kennedy.
Now, more than a decade after purchasing the estate of the same Bunny Mellon, Koch is ready to participate, he reported for the first time the Wall Street Journal.
The seafront compound in Osterville, Massachusetts, a closed enclave of the ports of Oysters, appears for $ 23.85 million, one of the most prized properties currently in the CAPE COD market.
“My main house is next to it, it is very big for my friends and family now,” Koch said in an email to the magazine. “It’s time for someone else to enjoy this wonderful property.”
The estate of approximately 7.5 hectares, built for the first time in 1954, includes a main house of 7,300 square feet with eight bedrooms, along with two two -room houses of two bedrooms, an artist studio, a beach house and a greenhouse.
The winding paths connect the structures through sweeping lawns, with panoramic views of the nantucket sound. The estate also includes a private dock and more than 500 feet of sea.
Agents in the list Joanna Dresser and Kelly Crosby, of LandVest of the International Real Estate Property of Christie, called the property a rare convergence of origin and potential.
“This is a unique opportunity in a generation of possessing a property inherited with both historical and unlimited potential,” Dresser said in a statement. “The stage, the history and the large scale of this farm are unmatched in Cape Cod.”
This story is achieved.
Paul Mellon, whose family established the National Gallery of Art in Washington, DC, was known for his deep esteem of beautiful art and pure race horses. His wife, Bunny, became one of the most influential landscape designers of the 20th century, best known for designing the Roses Garden of the White House.
He provided this sensitivity to his head, shaping the enclosure with native plantations, fruit orchards and formal gardens. Instead of natural dunes, the Mellons imported 2,000 tonnes of sand to build a 20 -foot barrier between the house and the sea, a privacy measure that raised his eyebrows in the press.
“The newspapers had a field day describing the extravagance of the Mellons,” according to the biography “Bunny Mellon: The Life of a American Style Legend.”
The couple filled the Fine Arts House, often moving masterpieces from their primary residence in Virginia every summer.
“He had some of the largest masterpieces in the world,” Koch recalled. “I always wanted a Van Gogh, and I knew it, and I would always, with only a touch of smuggling, headed to the room where he hung.”
Koch, now 85, bought the estate for $ 19.5 million in 2013.
A year later, he acquired an adjoining property of 10 hectares of the Du Pont family and made his main residence on the CAP. Since then he has used Casa Mellon as a family overflow and guests, and sometimes rented it for $ 25,000 a week.
“The main house is largely maintained as it was when the Mellons built it,” Koch told The Journal. “I wanted to keep the house while remembering it. The designs and style of Bunny Mellon still impregnate the property.”
In fact, many of Bunny Mellon’s touches remain intact, from the baskets, he selected by hand to the original layout of the gardens. The beach house near the coast has been largely intact since the days when the Kennedys would visit.
“It is important for me to preserve the house in the way I remembered it when I used to visit Paul and Bunny and maintain its influence and style on the estate,” Koch said in a separate statement in the publication.
The list comes when Koch continues to reduce his head.
In addition to this sale, he asks for $ 10.5 million for a plot of 1.75 hectares nearby with a house and a wharf of 3,700 square feet, and last year he listed another part of the old Mellon estate for $ 16 million.
Koch’s real estate footprint extends far beyond the head. He owns a compound of Palm Beach, a ranch in Paia, Colo.
In parallel with these real estate sales, Koch unloads part of his recognized collection of wines. Earlier this month, Christie hosted a three -day sale of about 8,000 bottles from her winery. The event, entitled The Cellar of William I. Koch: The Great American Collector, contributed $ 28.8 million, establishing an American record for a single owner’s wine collection.
Despite the uncertainty of the larger market, Koch’s list still has a shot in the interest of buyers seeking privacy heritage.
“Great properties are still sold rapidly,” he told the Zenas Crocker magazine in Landvest, who also sells the list. “Others may take a while or need price adjustments.”
He said that the unusually rainy spring of the north -it has slowed the impulse of the buyer.
“It’s not like” it’s May 15, let’s go to the head, “he said.” It’s 42 degrees and it rains sideways. “
However, the property is still outstanding for those who value pedigree, privacy and origin.
As Koch said in the newspaper, “he [Paul Mellon] He taught me to live with fine arts in a wonderful and intimate way. My neighbors here can thank you for their opinions on Botero’s bronzes on my grass. “”
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Image Source : nypost.com