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.
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.
Ensuring that Kennedy family members will remain stewards of their rare Aquinnah estate into the next generation, the Martha's Vineyard Commission last week approved a subdivision plan for the 366-acre property between Moshup Trail and Squibnocket Pond.
The 366-acre Aquinnah estate known as Red Gate Farm - and described by the state Natural Heritage & Endangered Species Program as one of the most important tracts of land in the commonwealth - was the subject of a public hearing at the Martha's Vineyard Commission last week.
Property owners Caroline Kennedy and her husband Edwin Schlossberg have created a family subdivision for estate planning purposes. No building is planned at this time. The estate subdivision plan is under review by the commission as a development of regional impact (DRI).
Caroline B. Kennedy yesterday filed a family subdivision plan to create six building lots on the stunningly beautiful and secluded 375-acre property in the township of Aquinnah that she inherited from her mother, the late Jacqueline Kennedy Onassis.
The Vineyard home of the late Jacqueline Kennedy Onassis remains in family ownership and is being extensively renovated to accommodate the needs of a new generation.
