Real Estate

Private Islands Owned By Late Coal Billionaire Chris Cline On Sale For $30 Million

Nine private islands in the Bahamas previously owned by the late billionaire Chris Cline are hitting the market with a $29.9 million price tag.

The islands, which span together some 277 acres of land, are part of the Abaco Islands, an archipelago in the northern Bahamas.

Cline estate’s trustees have decided to sell the properties following the sudden death of the entrepreneur last summer, according to The Wall Street Journal.

Cline, 60, died in a helicopter crash with six others while taking off from one of the islands on July 4. 

The other victims were Cline’s daughter, Kameron, 22, three of her college friends and two pilots. The U.S.’s National Transportation Safety Board is currently investigating the crash.

The Abaco Islands sit around 70 miles east of the Florida coast and were once a favored vacation spot of late President Richard Nixon.

The main island, Big Grand Cay, features seven houses, including a 1950s coral stone home, contemporary-style villas.

It also comprises staff homes and a dormitory-style building that can accommodate dozens of guests as well as a large professional kitchen.

Big Grand Cay and the other islands, which are jointly marketed by Bill Yahn of the Corcoran Group and John Christie of H.G. Christie in Nassau, also feature swimming pools, two marinas, a gym, tennis, pickleball and basketball courts.

Cline acquired the islands in 2015 with view to turn them into a private retreat for his family and friends.

They once belonged to the inventor and Nixon confidant Robert Abplanalp, who hosted the president several times during the 1970s.

According to the estate’s trustees, the properties sustained minimal damage during Hurricane Dorian.

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