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Buy Part of Bill Koch's Former Osterville Estate for $2.3M

The former Cape Cod estate of billionaire Bill Koch, who upgraded to Bunny Mellon's Osterville spread in 2013 for $19.5 million and, just last week, re-listed his Aspen estate for $100 million, is being parceled out. Located within the same gated, private island community of Oyster Harbors as the former Mellon/now Koch residence, the handful of offerings include properties along both Seapuit River Road and Grand Island Drive. Since most of the listings are for raw land, we thought we'd highlight one with an actual structure in place. This Gambrel-style was constructed in 1994 and features 4BR, 5.5BA in 5,057 square feet. At the moment, it looks as though it's someone's rather extensive home gym, but plans to convert the space "to a beautiful residence" are included. Asking price is $2,295,000.

· Listing: 162 Seapuit River Road, Osterville []
· Bill Koch's 'Yachtman's Paradise' Now $2.5 Million Cheaper [Curbed Cape Cod]
· Bunny Mellon Unloads Epic Cape Cod Estate For $19.5M [Curbed National]
· Billionaire Bill Koch Relists Aspen's Priciest House at $100M [Curbed Ski]