One of the priciest residential spreads ever to hit the market on Kiawah Island still awaits for buyer, but now with a reduced price of $18 million. Located at 85 Blue Heron Pond Road, on the Island of Kiawah, in South Carolina, this luxury island estate went up for sale three years ago for $29 million. First it was cut to $26 million and now can be your for $11 million less than the original price.
Overlooking the magnificent Atlantic Ocean, this 15,000-square-foot mansion sits on a 11.7-acre peninsula of wooded high ground that extends out into marshland along the Stono River. The seven-bedroom, nine-bath home also features 5,000 square feet of outdoor living space among its porches, balconies and patio space surrounding the infinity pool.
In addition there are wine cellar, cigar humidor, study paneled in mahogany, stocking room, butler’s pantry and office and guest house. You don’t have to worry about transportation vehicles, since a deepwater dock and five-car garage also comes for the same price.
Current owner of this property is Buttonwood Trust, which traces back to former Goldman Sachs & Co. partner Jeffrey Weingarten, who now is CEO of Grosvenor Fund Management. Weingarten bought the property in 2002 for $8 million and built the home in 2005. He decided to sell his secluded home on Blue Heron Pond Road in The Preserve neighborhood because of life changes. [Kiawah Island Real Estate]