Greetings and Salutations
It’s not often that I get sticker shock but $125,000,000 for Salutation Island in Glen Cove, New York seems a bit steep. But let’s take a look at what that price tag will get you.
“Salutation is an exquisite 46+ acre island on the North Shore of Long Island. The land was granted by King George I and purchased by Peter Caverly in 1721 for two hundred pounds. Approximately 46+ acres are comprised of land, roads and a beautiful sandy beach. 10+ adjacent acres were granted with “underwater” rights, valuable for fishing, clamming and boating. The tranquil 28+ acre pond, which flows into the Long Island Sound, is home to oyster beds and many varieties of wildlife. Making this a total offering of over 85 acres. The fortified 700 foot sea wall, a 250 foot dock that accommodates yachts and seaplanes, and a helicopter landing spot complete this phenomenal property.
To acquire an entire island of this magnitude and beauty is a once in a lifetime opportunity. The fact that it lies less than 1 hour from New York City by car, and less than 30 minutes by air or sea makes it remarkable. The Manor House is an example of the extraordinary craftsmanship and resources available to the creators of the fabled Gold Coast estates. There are 5 additional major residences on the island plus an 8 stall stable, paddocks and a groomsman’s cottage.
Salutation offers spectacular and unparalleled views over the Long Island Sound to the Manhattan skyline, Connecticut and Westchester.”
The Salutation Manor House was actually used in the 1995 remake of the film Sabrina which is a fun claim to fame. The fact that there are five additional homes on the island make it perfect for a big family who wants to create a compound and can split the cost or perhaps it would work for a chic hotel and spa. I hear JLo and A-Rod are looking to move in together. Maybe they are the perfect buyer. Can’t wait to see who does make the island their new home.