The Martha’s Vineyard Land Bank has purchased 32 acres at Red Gate Farm in Aquinnah from the family of Caroline Kennedy and Edwin Schlossberg for $10 million, adding significantly to a joint purchase last year of 304 ecologically rare acres.
To support conservation and inspire others to do the same, the Wyss Foundation has pledged $1 million in matching funds to create the Squibnocket Pond Reservation, a rare 304-acre preserve that is now part of the Kennedy family’s Red Gate Farm.
The two conservation organizations announced Thursday that they will buy 304 acres of undeveloped land at the rare oceanfront estate in Aquinnah owned by the family of Caroline B. Kennedy.
After a great deal of thought, our family has decided to sell Red Gate Farm. This may come as a surprise to members of the Island community, so we wanted to share our reasoning.
Jacqueline Kennedy Onassis broke her long-standing silence yesterday to confirm that she is the new owner of the 375-acre tract of ocean front land in Gay Head.
The Gazette reported Mrs. Onassis' ownership last Friday. It was that story that ended months of rumor and speculation about the Onassis purchase. The rumors had circulated both here on the Vineyard and on the mainland.
Jacqueline Kennedy Onassis is the purchaser of one of the most important open tracts of land on the Vineyard, specifically 375 acres of strategically placed property in the Squibnocket Pond area of Gay Head.
The Gazette confirmed Mrs. Onassis' ownership after a widespread check of sources in Washington, New York and elsewhere.
Until now the acquisition of this land, variously known as the Hornblower property and the Red Gate Farm, has been clouded in secrecy.
The gift of 17 small parcels valued at $3.7 million represents an important conservation gain in the rare heathlands of Aquinnah, conservation leaders said.
A large tract of rare and secluded oceanfront land owned by the Kennedy family in Aquinnah has been placed on the market for sale.
Two undeveloped lots totaling 93 acres from the 377-acre Red Gate Farm were listed for sale this week. One lot is about 53.5 acres, fronting the Atlantic Ocean, with an asking price of $25 million. The second lot is 39.5 acres with more than 1,000 feet of frontage on Squibnocket Pond, deeded beach access off Moshup Trail and an asking price of $20 million.
