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34°
Monday, dec 16
Tag:
David Malm
Real Estate
Nantucket Home With Theater, Game Room Sells For Massive Sum
An investor who sold veteran news anchor Diane Sawyer’s $24 million “Chip Chop” property on Martha’s Vineyard has sold a more expensive property, this time on the island of Nantucket. The luxury estate at 5 Grant Ave. in Nantucket was sold on Jan. 18 under the asking price of $26 million by private-equity investor David Malm after buying it for just under $20 million, according to the Wall Street Journal. Malm told the newspaper that the property was to be turned into a luxury rental spot, but “there is a price for every asset.” Related: Diane Sawyer Sells 'Chip Chop' On Martha's Vin…
Lifestyle
Diane Sawyer Sells 'Chip Chop' On Martha's Vineyard For Nearly $24M: Report
Veteran news anchor Diane Sawyer sold her 20-acre “Chip Chop” on Martha’s Vineyard for just under the asking price to investor David Malm, reports said. Malm, who spent over $100 million on properties in Martha’s Vineyard and Nantucket over the past few years, paid $23.9 for the 10-bedroom, nine-bathroom estate, Boston.com reported. The main home at the estate Bob Gothard/ Wallace and Co. Sotheby's International Realty Related: Diane Sawyer Puts Massive Martha's Vineyard Property Up For Sale Sawyer first bought the luxury property for $5.3 million in 1995 with her husband, acclaim…