When the billionaire investor, competitive collector and sailor Bill Koch initially set foot on Cape Cod in the 1970s, he did so as a guest in one of the most preserved assets in the area.
The summer house of banking heir Paul Mellon and his wife, renowned Rachel “Bunny” Mellon, was a smooth elegant lantern, filled with excellent art and cultivated gardens – and was often visited by close friends Jacqueline and John F. Kennedy.
Now, over a decade after winning the wealth from Bunny Mellon Hers, Koch is ready to attend, the Wall Street Journal reported for the first time.
Aquatic composition in Osterville, Massachusetts, a closed enclave of the seafood, is ranked for $ 23.85 million, one of the most valuable properties currently in the market in Cape Cod.
“My Kepi’s main house is next door – it’s completely big for my friends and family now,” Koch said in an email to the magazine. “Is time for someone else to enjoy this wonderful property.”
Retroses of approximately 7.5 hectares, first built in 1954, includes a main house of 7.300 square meters with eight bedrooms, along with two two -bedroom guests, a studio of an artist, a beach house and a greenhouse.
The winding paths -the woves connect the structures across the comprehensive, panoramic view of the Nantucket Sound. Asset also includes a private bank and more than 500 meters of water water.
Sorting agents Joanna Dresser and Kelly Crosby of Christie’s Landvest of international real estate called the property a rare convergence of origin and potential.
“This is an opportunity once in a generation to own a property of inheritance with both historical and boundless potential,” Dresser the post told a state. “The placement, the history and the full degree of this property are uncomfortable in the Cape Code.”
That story goes deep.
Paul Mello, whose family founded the National Gallery of Art in Washington, DC, was known for his deep appreciation of excellent art and full horses. His wife, Bunny, became one of the most influential stylists of the 20th century landscape, best known for the design of the White House rose garden.
It brought that sensitivity to the cape, forming the bases with local plantings, fruit orchards and official gardens. Instead of natural dunes, renowned mellons imported 2,000 tonnes of sand to build a 20-foot-high barrier between the house and the amount of sea intimacy that raised the eyebrows in the press.
“The newspapers had a description of Mellons’ extravagance on the ground,” According to Bunny Mellon’s biography: the life of a American -style legend. “
Coupleite filled the house with art eventually, often moving masterpieces from their main residence in Virginia every summer.
“He had some of the largest masterpieces in the world,” Koch recalled. “I always wanted a Van Gogh, and he knew it, and always – with just a touch of smuggling – he directed me to the room where he was hanged.”
Koch, now 85, bought the property for $ 19.5 million in 2013.
A year later, he won a property adjacent to 10 hectares from the Du Pont family and made him his main residence of the cape. He has since used Mellon’s home as overflowing for his family and shells, and sometimes rented it for $ 25,000 a week.
“The main house remains mainly as it was when mellons build it,” Koch the newspaper told. “I wanted to keep the house while I remembered it. Bunny Mellon’s models and style still property.”
Indeed, many of Bunny Mellon’s touches remain untouched by the baskets she selected manually in the original garden layout. The beach house near the coastline has remained large intact since the days when Kennedys would visit.
“It is important for me to keep the house as I remembered when I visited Paul and Bunny, and to preserve their influence and style on assets,” Koch said in a special state of post.
The ranking comes while Koch continues to scaling his cape again.
In addition to this sale, he is looking for $ 10.5 million for a parcel nearby 1.75 hectares with a house and the dock of the 3,700-square-foot accused, and last year ranked another former Mellon Pasuria for $ 16 million.
Koch’s real estate trail extends beyond the cape. He owns a Palm Beach complex, a farm in Paonia, Inch, complete with a Western Faux town, and a large property near Aspen that is currently ranked for $ 125 million.
At the same time as these sales of assets, Koch is loading part of his well -known summer collection. Earlier this month, Christie expected a three-day sale with about 8,000 bottles of his basement. The event, entitled the basement of William I. Koch: The great American collector, brought $ 28.8 million, setting a North American record for a single summer collection.
Despite the wider market uncertainty, Koch’s ranking still has a blow to the attraction of interest from buyers who seem inheritance with intimacy.
“Excellent properties still sell quickly,” Zenas Crocker told Landvest, who is marketing the list, told the newspaper. “Others can take a while or need price adjustments.”
He noted that the unusual northeast of the rainy spring has slowed the moment of the buyer.
“It’s not like, ’15 May 15th, let’s go to Kep,” “he said.” 42 is 42 degrees and rain. “
However, the property remains an attitude for those who value origin, privacy and origin.
As Koch the Diary said, “he [Paul Mellon] He taught me how to live with art finally in a wonderful, intimate way. My neighbors here can thank her for their views on bronzet botter on my lawn. “
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Image Source : nypost.com