Martha’s Vineyard Property For Sale At $92 Million

by: Joseph On  Tuesday, July 31, 2012

Martha's Vineyard

Despite the lagging economy, 2012 has been a pretty good year for the real estate market. Of course, that probably has very little to do with your life, unless you have the kind of money it would take to purchase a plot of land on the famous Martha’s Vineyard island in Massachusetts: A record-breaking $92 million, to be exact.

The huge price tag reflects the massive size of the property, which clocks in at 266 acres. No other property has come even close to matching that asking price, but apparently the compound’s owner, Gerald DeBlois, thinks he can get it.

And who knows?  He could be right!