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Sunday, February 26, 2012

And then there is truly rich


Should you have $45 million laying around, a large extended family and a love of pink sand, I have just the property for you. Chelston on Grape Bay Beach in Paget Parish, Bermuda was recently listed for a sum equal to four times the GDP of the island nation of Niue.


The 14-acre estate boasts a 10,000 square-foot main house with 15 bedrooms and 19 bathrooms and three 3-bedroom guest houses. Chelston was built between 1939 and 1941 for the improbably-named California oil baron Carbon Petroleum Dubbs, who according to crackpot family tradition named his daughters "Methyl" and "Ethyl." (C.P.'s father Jesse discovered a process for breaking crude oil down into its component parts.) Dubbs lived at Chelston until his death in 1962.


The beachfront property was conveyed to the American government in 1964 as partial settlement of the estate's taxes and served as the home of U.S. Consul Generals until 1999. It then was sold for $15 million to a mystery businessman who hired an army of architects, designers and craftsmen to turn the termite-ridden old buildings into a Caribbean Shangri-La.


The main house features walls of Bermuda stone, bespoke Chinese and Italian wallpapers, a saltwater aquarium with living coral reef, and the requisite home cinema and private gym. The zero-entry near-Olympic-size swimming pool has a rare Chinese stone fireplace surround depicting a five-armed dragon on the terrace of its pool house. Also included on the property are a staff cottage and a beach pavilion named "Obsipo" with a wood-burning pizza oven.


Timeshare, anyone?

All photos by J.P. Rouja for LookBermuda

Chelston on Grape Bay Beach listing [Christie's International Real Estate]
Luxury Bermuda home can be yours for a cool $45 million [Royal Gazette]
The fate of Chelston [Royal Gazette]

6 comments:

Mr. Goodwill Hunting said...

Well what do you know. I just found $45 million dollars yesterday day while...

nevermind...

That was 45 cents.



Mr. Goodwill Hunting

Annie Smith said...

I would settle for working there and living in the staff quarters! Are they hiring? I make a mean quiche...

Kathy said...

"Methyl" and "Ethyl"...you made my day, again...k

Rose said...

Nineteen bathrooms? Poor cleaner.

Kerry said...

So poor old Methyl and Ethyl missed out on the good oil it seems.

Camilla @ Designalogue said...

Rich don't buy taste.
Living room furniture being the example here.
But that outdoor fireplace deserves another look...