The tiny-but-luxurious Tavern Island, which was asking $12.9 million in 2012, is back with a reduced asking price of $10,995,000. The private island off the Connecticut coast features a tudor mansion, a caretakers cottage, a "tea house," a boathouse, a lap pool, three beaches, a staging area on the mainland with dock and garage, and a cannon. It also contains quite a bit of history, as rumor has it that the name was derived from the island's function as a speakeasy during Prohibition. It was owned in the 1960s by Broadway legend Billy Rose, who threw parties there attended by the likes of Marilyn Monroe.
· Own a Mansion with Celebrity History on a Private Island Overlooking NYC for $11M [6sqft, via Apartment Therapy]
· Listing: Tavern Island [Spotlight]
· Connecticut Private Island Comes Complete with Cannon [Curbed]