Media magnate Ted Turner, now in his mid-70s and one of American's largest private landowners, has put a scenic private island in Beaufort County, South Carolina up for sale for $23.777 million. The 4,680-acre barrier island, dubbed St. Phillips island and accessible only by boat, was acquired by the mustachioed billionaire in 1979 for an unknown amount and used as a retreat for friends and family.
The self-sufficient island has its own water and power supplies, a private dock, thousands of acres of unspoiled marshes and woods and more than a mile of white sand beaches on the ocean. There are just two residences on the island, a caretakers cottage and an approx. 3,800-square-foot main house built by Mister Turner that has five bedrooms, five bathrooms and a deep screen porch with a hammock and a long row of rocking chairs. A conservation easement restricts development to an additional ten houses.
- SELLER: Ted Turner
- LOCATION: Beaufort County, SC
- PRICE: $23.777 million
- SIZE: 4,680 acres
Through a spokesperson Mister Turner told the property gossips at The Wall Street Journal that he's decided to sell because neither he nor his family use the property often enough.
© 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC
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