Connecticut Island Gets Price Drop and New Perks

Rogers Island, a private island off the coast of Connecticut, has recently seen a significant price reduction. The island, which was initially listed at a steep $35 million, has now been marked down by $5 million. This price cut is not the only change, though. The island's new listing comes with an added bonus: a five-bedroom house on the mainland, complete with a private dock. The private dock is a game-changer for potential buyers. It solves a common problem with island living: the hassle of traveling back and forth from the mainland. Usually, islands like Rogers rely on public ferries, which can be inconvenient. With a private dock, the new owner can travel to and from the island with ease. The island itself is no small affair. It boasts multiple houses, a pool, a tennis court, and even a putting green designed by the legendary golfer Jack Nicklaus. It's a paradise for those who enjoy the finer things in life.

The island was purchased in 2018 for $21. 5 million. The buyer was identified as Greg Jensen, the co-chief investment officer of Bridgewater Associates. Jensen listed the island for sale in June of 2024, marking the start of its journey to find a new owner. The Thimble Islands, where Rogers Island is located, have long been a favorite among the New York area's financial elite. Names like Ray Dalio and Steve Cohen come to mind, both of whom own lavish estates in nearby Greenwich. These islands offer a secluded retreat, far from the hustle and bustle of city life. The price drop and added perks make Rogers Island an attractive option for those looking for a private island getaway. However, it's important to consider the maintenance and upkeep costs that come with owning such a property. Island living can be luxurious, but it also comes with its own set of challenges. For those who can afford it, Rogers Island offers a unique blend of privacy, luxury, and convenience. The price reduction and addition of the mainland house make it an even more enticing option. But potential buyers should weigh the pros and cons carefully before making a decision.

Actions