News

Barbara Corcoran Net Worth: Real Estate Bigwig Barbara Corcoran Big Private Island

Her success in real estate led her to enjoy her well-earned comforts. The Real estate big shot and 'Shark Tank' star Barbara Corcoran is looking to expand her empire with the purchase of her own $10.99 million private island as reported by realtor.com. The amazing island was known to be the home of the European settlers back in 1651. It became a popular party spot for Marilyn Monroe and Barbara Streisand 300 years later as stated in a report by realtor.com.

Its distinctiveness is unmatched and to prove the point, realtor.com reported that, "Tavern Island is perhaps the most unique property in the New York city area, with a year round launch access via a mainland property." It's a real piece of real estate. The main residence is a stunning English Country Colonial type of architectural design. It has six bedrooms. It features four full bathrooms and three and half bathrooms. The size of the home? It's a sprawling 6,116 square feet. It also features its own guest cottage.

Another stand out feature of the property is the boathouse. The boathouse has a large game room, and a bedroom that has a full bathroom. This place offers more. A portion of the house was designed as a tea house that has a meeting room and a bedroom as well.The private island estate has a pool, a deep-water dock shed, and Barbara Corcoran's own private beachfront. Safety precautions led to the building of the stone sea walls to protect the harbor as well.

Barbara Corcoran's rise to power and wealth was not an easy one. Working twenty jobs by the time she was 23 years old, Corcoran decided to take the $1,000 loan and start a small real estate company in New York City as stated in a report by thesquander.com. Now, she gets to enjoy the fruits of her hard work. Corcoran's current total net worth is $40 million.


Join the Discussion
Real Time Analytics