Now Reading: Florida private island hits market for $12 million after 150 years
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Florida private island hits market for $12 million after 150 years
Florida private island hits market for $12 million after 150 years
A 23.32-acre private island on Lake Marion near Haines City, Florida, has been listed for $12 million, the first time in about 150 years. The island, called Bannon Island, can only be…
The Story in Brief
A 23.32-acre private island on Lake Marion near Haines City, Florida, has been listed for $12 million, the first time in about 150 years. The island, called Bannon Island, can only be reached by boat, helicopter or seaplane, and is located between Orlando and Tampa.
The property has a 5,034-square-foot main home that combines an 1880s original structure built by Irish carpenter Patrick Bannon with a modern glass-walled wing. It also includes three additional homes, fruit groves, and native forest. Listing agent Lisa Kleine says private islands in interior Florida are extremely rare.
The Indian Opinion
For Indian readers watching global luxury real estate, this island's $12 million price tag, roughly Rs 100 crore, raises eyebrows. But the narrative of 'undisturbed old Florida' often glosses over the fact that the land was originally given to the Irish settler by Native Americans, a detail that complicates the romantic story. The real test will be whether a buyer emerges willing to pay for a secluded property that is simultaneously 45 minutes from two major cities. Will the market value privacy that much?
Source: timesofindia.indiatimes.com
This story was synthesised by AI from the source linked above.
