David Rockefeller's Maine Summer Home Sells For $19 Million
BAR HARBOR, Maine - The summer home of the late billionaire philanthropist David Rockefeller on Maine's Mount Desert Island has sold for $19 million.
The real estate company that handled the sale declined on Thursday to identify the buyer, who paid the asking price. A limited-liability corporation assumed ownership at the closing on Feb. 2.
Money from the sale will be used to help fulfill bequests in Rockefeller's will. Rockefeller left $20 million to the Land and Garden Preserve of Mount Desert Island in Seal Harbor and $5 million to the Maine Coast Heritage Trust.
Rockefeller was the son of philanthropist John D. Rockefeller Jr. He was 101 when he died in his sleep on March 20 in Pocantico Hills, New York.
His family has vacationed on Mount Desert Island for generations.