Caroline Kennedy’s Martha’s Vineyard estate, once belonging to her mother Jacqueline Kennedy Onassis, is now on the market for a staggering $65 million. This luxurious compound includes a 6,400-square-foot main residence, guest house, pool, and tennis court. The property offers breathtaking views of the Atlantic Ocean and is nestled in a picturesque coastal setting. You Can Also Read About Joel Embiid House for more inspiration.
Who is Caroline Kennedy?
Caroline Kennedy, the only surviving child of President John F. Kennedy and Jacqueline Kennedy Onassis, has been a prominent figure in American society for decades. As we look ahead to 2024, there’s growing interest in her net worth and how she’s managed her family’s legacy. Caroline inherited not only the Kennedy name but also a substantial fortune following the tragic assassination of her father and later the death of her mother. This inheritance set a strong financial foundation for her future.
Caroline Kennedy has for the first time revealed details of a personal fortune estimated to be between $250 million and $500 million, with income of between $12 million and $30 million a year. Her holdings include positions with JP Morgan, Blackstone, Vornado Realty Trust, Apollo and Goldman Sachs, as well as real estate and various Kennedy family trusts. Separate trusts established in her name in 1959, 1963, and 1982 pay combined income of up to $3 million a year.
Commercial property in Chicago pays millions more. A trust in the name of her late brother, John F. Kennedy, Jr., pays additional income of up to $1 million. She received $75,000 per speech for three speeches in 2013, plus royalties from books (including several on poetry) totaling more than $400,000.
While specific details about Caroline Kennedy’s car collection, yachts, or private jets are not publicly available, her substantial net worth suggests she likely enjoys a luxurious lifestyle befitting her status and family legacy.
| Full Name | Caroline Bouvier Kennedy |
|---|---|
| Date of Birth | November 27, 1957 |
| Nationality | American |
| Occupation(s) | Attorney, Author, Diplomat |
| Years Active in Industry | 1980–present |
| Spouse(s) | Edwin Schlossberg (m. 1986) |
| Children | 3 |
| Education | Radcliffe College (BA), Columbia Law School (JD) |
| Notable Works/Achievements | Several published books, U.S. Ambassador to Japan |
| Estimated Net Worth (2024, adjusted for inflation) | $270 million |
| Primary Sources of Wealth | Inheritance, Book Sales, Real Estate, Investments |
Where Does Caroline Kennedy Live Now?
Caroline Kennedy owns Red Gate Farm, her mother’s 375-acre (152 ha) estate in Aquinnah, Massachusetts (formerly Gay Head) on Martha’s Vineyard. This property has been a significant part of the Kennedy family legacy and serves as one of Caroline’s primary residences.
The exact address of the property is not publicly disclosed for privacy and security reasons. However, Aquinnah is located on the western tip of Martha’s Vineyard, known for its beautiful beaches, scenic cliffs, and the historic Gay Head Lighthouse.
Caroline Kennedy House
The Martha’s Vineyard estate that once belonged to Jacqueline Kennedy Onassis is a sprawling compound that showcases both luxury and history. When Onassis purchased the land, it had only a hunting cabin. Now, it includes a 6,400-square-foot main residence with five bedrooms and five bathrooms, a two-story, four-bedroom guest house, two garages, a pool, tennis court and boathouse, among other amenities.
1. Where Is Caroline Kennedy House?
Caroline Kennedy house is located in Aquinnah, Massachusetts, on the island of Martha’s Vineyard. This area is known for its natural beauty, featuring clay cliffs, pristine beaches, and stunning ocean views. The property, known as Red Gate Farm, is situated in a secluded area that offers privacy while still providing access to the island’s amenities.
2. Features of Caroline Kennedy House
The main residence of Caroline Kennedy’s Martha’s Vineyard estate is a 6,400-square-foot structure designed to blend seamlessly with its natural surroundings. The house was designed in 1980 by renowned architect Hugh Newell Jacobson and was renovated in 2000 by Deborah Berke, dean of the Yale School of Architecture. This renovation likely updated the home while preserving its original charm and character.
The architectural style of the house is not explicitly stated, but given its location and the time of its construction, it likely features elements of traditional New England coastal architecture combined with more modern design principles. The house probably incorporates large windows to take advantage of the ocean views and natural light, and may use materials that complement the surrounding landscape.
3. Personal House Touches
While specific details about Caroline Kennedy’s personal touches to the house are not provided in the available information, we can make some educated guesses based on common practices and the Kennedy family’s known preferences:
- Family heirlooms: The house likely features artwork, furniture, or decorative items passed down through the Kennedy family.
- Book collections: Given Caroline’s career as an author and her family’s intellectual legacy, the house probably has extensive bookshelves or a dedicated library.
- Nautical themes: Considering the coastal location and the Kennedy family’s love for sailing, there may be nautical-inspired decor or artwork.
- Photography displays: The house might showcase family photographs, including historic images of the Kennedy family.
- Outdoor living spaces: Caroline may have enhanced the outdoor areas to take full advantage of the beautiful Martha’s Vineyard setting, possibly adding or upgrading patios, gardens, or viewing areas.
4. House Amenities
The Caroline Kennedy House boasts numerous amenities, including:
- 6,400-square-foot main residence
- Five bedrooms in the main house
- Five bathrooms in the main house
- Two-story guest house with four bedrooms
- Swimming pool
- Tennis court
- Boathouse
- Two garages
- Private beach access
5. Neighborhood Area
The neighborhood surrounding Caroline Kennedy house in Aquinnah, Martha’s Vineyard, is known for its natural beauty and exclusivity. Aquinnah, formerly known as Gay Head, is famous for its colorful clay cliffs and the historic Gay Head Lighthouse. The area is characterized by its pristine beaches, protected lands, and stunning ocean views.
Aquinnah is a relatively small and quiet town, offering a peaceful retreat from the busier parts of Martha’s Vineyard. It’s known for its efforts to preserve its natural environment and the cultural heritage of the Wampanoag Tribe of Gay Head, who have inhabited the area for thousands of years.
The neighborhood likely includes other high-end properties owned by wealthy individuals seeking privacy and natural beauty. However, the large acreage of Red Gate Farm ensures that the Kennedy property remains secluded and private.
Market Value
| Detail | Information |
|---|---|
| Build Year | 1980 (main residence) |
| Purchase Year | 1979 (land purchased by Jacqueline Kennedy Onassis) |
| Purchase Value | $1.1 million (in 1979, for the original 366 acres) |
| Most Recent Current Estimated House Value | $65 million (as of 2023) |
The current listing price of $65 million for the entire estate represents a significant increase in value since its original purchase. This increase reflects both the improvements made to the property over the years and the general appreciation of high-end real estate on Martha’s Vineyard.
Caroline Kennedy’s Real Estate Portfolio
While comprehensive information about Caroline Kennedy’s entire real estate portfolio is not publicly available, we can discuss some known properties:
- Red Gate Farm, Martha’s Vineyard:
This is the 375-acre estate in Aquinnah, Massachusetts, inherited from her mother. It’s currently on the market for $65 million. - New York City Apartment:
Caroline Kennedy has owned property in New York City, where she has spent much of her professional life. Specific details about current ownership are not provided in the available information. - Kennedy Compound, Hyannis Port:
While not solely owned by Caroline, the Kennedy Compound in Hyannis Port, Massachusetts, has been a significant part of the Kennedy family’s real estate holdings. Caroline likely has some connection to this historic family property. - Other Investments:
Caroline Kennedy’s financial disclosures have revealed investments in commercial property in New York, Chicago, and Washington, as well as holdings in the Cayman Islands. However, specific details about these properties are not provided in the available information.
It’s important to note that as a private individual, Caroline Kennedy may own other properties that are not publicly known or disclosed.
Conclusion
Caroline Kennedy house on Martha’s Vineyard, known as Red Gate Farm, is more than just a luxury estate – it’s a piece of American history. This property, once owned by Jacqueline Kennedy Onassis, represents the legacy of one of America’s most famous families. With its stunning coastal location, extensive amenities, and significant acreage, the estate offers both privacy and natural beauty.
The $65 million price tag reflects not only the property’s intrinsic value but also its historical significance. As Caroline Kennedy continues to manage and expand her substantial wealth, estimated at around $270 million, this Martha’s Vineyard estate remains a crown jewel in her real estate portfolio.
From its 6,400-square-foot main residence to its private beach access, the property embodies the Kennedy family’s longstanding connection to Martha’s Vineyard and their appreciation for coastal New England. Whether it remains in the Kennedy family or finds a new owner, Red Gate Farm will undoubtedly continue to be one of the most notable private residences on Martha’s Vineyard.
