Goldman Sachs Co-President Cuts Estate Price by 30%
By Jessica Willis
According to two Nantucket brokers, Jon Winkelried, the Co-President of Goldman Sachs, has lowered the price of his Nantucket beach estate from $55 million to $38.5 million after being on the market for only four months. Winkelried purchased the summer estate for $7 million in 1999. Even with the recently lowered price the property is expected to set the new Nantucket record for real estate sales, a title currently held by four vacant lots on the Nantucket Sound, which sold for $26.5 million in 2007.
Winkelried’s luxurious estate includes a combined property sprawling over nearly six acres. The newly built main house, guesthouse, and garage with adjoining studio cover four acres while a second house, garage and studio stand on two acres.
The listing is a “pocket” (unpublished) and both Winkelried and his listing agent, Linda Bellevue of Congdon & Coleman Real Estate have not released any comments.
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