Caroline Kennedy Lists Two Martha’s Vineyard Parcels for $45 Million

Posted by Rapti Gupta on May 03, 2013 10:15 AM EDT
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Caroline Kennedy is now being considered to be appointed as the U.S. ambassador to Japan. (Photo : Reuters)

Caroline Kennedy, daughter of late U.S. President John. F. Kennedy, has listed two large parcels of land on the resort island of Martha's Vineyard, off the coast of Massachusetts, for a whopping $45 million.

According to real estate blogger, John O Connell, the lots were a part of a large 366 acre deal that Caroline's mother, Jacqueline Kennedy Onassis, purchased in 1978. The large land was divided into six parcels of which three were reserved for Caroline and her kids, two for estate expenses and one was preserved as open space.

The two listed lots belong to Caroline. One of them is known as "6 Red Gate Farm" and the other is "8 Red Gate Farm". While the former offers 40 acres of waterfront footage the latter has 50 acres of beachfront area. Lot 6 is listed for $20 million and lot 8 is asking for around $25 million.

The listing records read:

"An exclusive waterfront property with incredible views of Squibnocket Pond, with further views over towering sand dunes to the Atlantic Ocean. Plenty of privacy with varied topography and easy pond access. Yours to create a marvelous estate. Simply magnificent is the only way to describe this pristine oceanfront parcel... a blank slate for your dream home... in this unique & beautiful location."

Check out the photos of the parcels, here.

Martha's Vineyard has been host to rich and influential people for a long time. Politicians and celebrities refer to the island as "Hollywood east".

Caroline is being considered for appointment as the U.S. ambassador to Japan.

Check out a video on her potential ambassador candidacy below:

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