Craig and Susan McCaw List a Private Island for $75 Million

 

Craig and Susan McCaw have listed their 780-acre private island off the coast of Vancouver, B.C., for $75 million. Candace Jackson has details on The News Hub. Photo: Jacob McNeil/PlatinumHD.

Craig and Susan McCaw have listed their 780-acre private island off the coast of Vancouver, British Columbia, for $75 million.

Known as James Island, the property is about a mile off the coast of Vancouver Island and has a private Jack Nicklaus-designed golf course, sandy beaches, an airstrip and a marina. There is a four-bedroom, 5,000-square-foot main residence built from reclaimed cedar, a large warehouse that has been converted into an entertainment center, a gym, a store, staff accommodations and six guest cottages.

[SB10001424052702303640104577438521856489182]

Jacob McNeil/PlatinumHDCraig and Susan McCaw have listed their 780-acre private island off the coast of Vancouver, British Columbia, for $75 million.

Formerly the site of a World War II-era dynamite plant, the island once had a population of roughly 800. In the 1980s it was partially developed into a resort. Mr. McCaw, the cellphone-industry pioneer, purchased the island in 1994.

Mr. McCaw said in an email that his family “adores being on the island” but are selling now because they “have the perfect storm of kids’ activities and no one wants to be left behind.”

Mark Lester of Sotheby’s International Realty in Vancouver has the listing.

A Beverly Hills Estate Goes Back on the Market for $39 Million

A 10.5-acre Beverly Hills, Calif., equestrian estate is back on the market for $39 million, a 30% discount from its most recent asking price of $54.9 million late last year. The property is owned by Bo Zarnegin, who built the Peninsula Hotel in Beverly Hills with his brother Robert.

The large property is on a hilltop off Coldwater Canyon with views of the city and ocean and is zoned for horses, with equestrian facilities including eight stables and offices. The 6,377-square-foot, five-bedroom, five-bath Monterey Colonial-style main house was built in 1939 and was recently restored. There’s also a large guesthouse with two bedrooms, a kitchen and a living room that opens onto an outdoor swimming pool.

The home was previously owned by Warner Bros. Pictures chief John Calley and later, Dawn Steel, who ran Columbia Pictures. Mr. Zarnegin purchased the house seven years ago from Ms. Steel’s estate. Listing broker Barry Peele, of Sotheby’s International Realty in Beverly Hills, says the home is not Mr. Zarnegin’s primary residence. Mr. Peele shares the listing with Robin Greer, also of Sotheby’s.

Lake Tahoe Waterfront Home Lists for $20 Million. The Lake Tahoe, Calif., home of Richard and Mary Lou Johnson has listed for $20 million.

The 4,000-square-foot home has six bedrooms and five baths. It is on 400 feet of lakefront and is adjacent to 350 acres of private meadows and forest. It was designed in 1939 by Julia Morgan, the architect of the Hearst Castle.

The Johnsons purchased the home in 1976. Mr. Johnson, the co-founder of an electronics and semiconductor company, says he’s selling because he and his wife are assembling a financial estate to be left to their children.

Christy Curtis and Dwight McCarthy of Coldwell Banker have the listing.

—Candace Jackson

Speak Your Mind

*