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Kennedy Wire

Caroline B. Kennedy and Edwin Schlossberg have put "one of the most important pieces of land in the commonwealth" up for sale. The property, 93 acres from the 377-acre Red Gate Farm, is believed to be one of the most ecologically rare areas in the state and was purchased by Caroline Kennedy's mother, the late Jacqueline Kennedy Onassis, in 1978 for $1.1 million. "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." [Vineyard Gazette]