186-acre William W. Graham grand estate on Martha’s Vineyard offered for US$39,500,000
Proceeds of the sale to be donated to charity
Martha’s Vineyard, Massachusetts (August 2, 2018)—With commanding views of what is arguably the most beautiful stretch of beachfront on all of Martha’s Vineyard, William W. Graham’s estate on 186 acres in Lambert’s Cove overlooks James Pond, Buzzards Bay, and the Elizabeth Islands. Lovingly maintained by its former owner, a great advocate of land conservation, the property is graced with verdant meadows of wildflowers, meandering paths, new growth forests, restored stone walls and lovely bridges crossing the brook which runs through.
Christie’s International Real Estate, the world’s leading luxury real estate network, with LandVest, its exclusive Affiliate on Martha’s Vineyard, is offering this landmark property for US$39,500,000. The proceeds will go to charity.
Large-acreage, multiple-residence estates are becoming few and far between. This is a significant offering with a main house, guest house, caretaker’s house, substantial barn, and miles of well-maintained trails and meadows with dramatic views of Vineyard Sound and the Atlantic Ocean. The property also includes a two-story water-view home with eight bedrooms, three-car garage with an apartment above, two-story caretaker’s home and barn, and an irreplaceable one-bedroom private beach house on Lambert’s Cove Beach.
LandVest Martha’s Vineyard partners, Thomas E. LeClair and Gerret C. Conover, agree “We have handled many of the finest properties on Martha’s Vineyard over the last 25 years. The Graham property, however, has so many value attributes, from being one of the island’s largest privately held estates to its stunning natural beauty and white sandy beach. It is clearly one of Martha’s Vineyards most special and historically important properties.”
The property was formerly owned by the late William Graham, a lawyer, philanthropist and son of legendary The Washington Post publisher Katharine Graham. According to local lore, Katharine purchased the estate in 1972 at the urging of Henry Beetle Hough, the author who edited and published Edgartown’s Vineyard Gazette, as a strategy to keep the property out of the hands of developers. William “Bill” had a strong love for the land and invested in the preservation of the property. The offering does not include the site upon which Mrs. Graham’s residence (called Mohu) resided.
The property has significant development potential but no development plans have been submitted for approvals. The property also has significant conservation potential and value to the next owner.
About Christie’s International Real Estate
Christie’s International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its New York City brokerage and invitation-only Affiliate network spanning 49 countries, Christie’s International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. The company has offices in London, New York City, Hong Kong, Moscow, Los Angeles, and Palm Beach, and its affiliated brokerages have recorded approximately US$500 billion of real estate transactions over the last five years. (Data as of June 30, 2018). For additional information, please visit www.christiesrealestate.com.
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