Yahoo Finance Pictures: Private island on sale for $18 million
In 2007 when Al Sutton was in his 70s, he purchased Columbia Island, which is a 30-minute boat ride from Manhattan, New York, for just $1.4 million.
A few years later he purchased the neighbouring Pea Island for $717,425 and now, 12 years later, Sutton is ready to move on, he told Bloomberg.
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Now, Sutton’s listed Columbia island, which hosts his 530 square metre holiday home, on William Pitt Sotheby’s International Realty for a whopping $18.6 million.
The island residence is self-sustaining, with solar panels on the roof for energy, a desalination machine to provide clean water, and a septic system maintained by a private service.
Sutton also installed a 4-metre high concrete sea wall that’s 1.5-metres thick, as well as automatic storm shutters and a pumping system in the basement that can handle 60,000 gallons of water per hour, CNN reported.
Once a 500-square metre bunker and the base of a 120-metre broadcast tower, the island’s now-home boasts four bedrooms, two bathrooms and is equipped with a gourmet professional kitchen.
Sutton’s even throwing in Pea Island for free to the lucky buyer.
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