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Bunny Mellon Unloads Epic Cape Cod Estate For $19.5M

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Bunny Mellon, the famously cool 102-year-old philanthropist and art collector, has sold the Cape Cod home she listed last December. Set in Osterville, one town over from the Kennedy Compound in Hyannis Port, the 26-acre grounds feature a 7,000-square-foot, eight-bedroom main house, a beach shack, an artist's studio, greenhouses, a tennis court, exquisite formal gardens befitting their owner's passion for horticulture, and a pool that's actually a redo—the eccentric and reclusive Mellon had the first one dug up because "the deep end was on the wrong side," according to New York Social Diary. With 1,000 feet of continuous shoreline, the property represents one of the largest waterfront parcels to go on the market in Cape Cod in years. Whether the new owner (Home Port Investments LLC) plans to sub-divide the acreage or keep it intact remains to be seen, but one thing's for sure: they got this place for a veritable steal, paying only $19.5M for what had been originally asking nearly $30M. Perhaps they'll use the extra pocket change to keep the compound "fully staffed at all times," as Mellon did, "so that [they] may arrive on a moment's notice with everything prepared." Meanwhile, the Mellon family's Caribbean retreat, in Antigua, has been PriceChopped from $14.5M to $11.5M.

· Epic 26-Acre Cape Cod Estate Goes to Market for Almost $30M [Curbed National]
· All Bunny Mellon coverage [Curbed National]
· Mellon Estate in Cape Cod Sells For $19.5 Million [WSJ]
· Bunny Mellon [NYSD]