Former Island Home of J.P. Morgan Heir Lists for $125 Million

According to a recent story in Bloomberg, the sprawling 85-acre island estate once belonging to Junius Spencer Morgan (grandson to J.P. Morgan – founder of the American financial institution) was listed by Daniel Gale Sotheby’s International Realty for $125 million.

Located on the North Shore of Long Island, New York, the land was originally granted to Peter Caverly in 1721 by King George I.

From the home of Rock and Roll Hall of Famer Sammy Hagar to monthly Virtual Reality tours, explore homes from around the world from the comfort of your own

Now known as Salutation, this island near Glen Cove is part of Long Island’s “Gold Coast” and offers a multitude of amenities – six unique residences, 28-acre pond, access to oyster beds, 250-foot dock with accommodations for yachts and seaplanes, and a helicopter landing pad.

The Manor House comprises 12 bedrooms and 12 baths; it spans nearly 27,000 square-feet of living space and epitomizes the grandeur and craftsmanship of Gold Coast living.

Following the Morgan family’s departure, the main house was used in the 1995 film Sabrina, starring Harrison Ford and Julia Ormond.

Learn more about Salutation on sothebysrealty.com