Shelter Island residence complete with its own nightclub, squash court and swimming pool fails to sell in two years despite price cut of £2.6 million to £15.7 million
Most people wouldn’t build a holiday home with 40 rooms but then most people aren’t the hedge funder Marco Birch. In 1999, he and his wife purchased a small house on 7.5 acres on Long Island and then pulled it down and built a colossal 23,000 square foot residence complete with its own nightclub in the basement. They’ve been trying to sell it since 2013 and have most recently cut the price by £2.6 million ($4 million, €3.6 million).
Known quite plainly as 9 and 15 Little Ram Island Drive, the property – which has been reduced in price from £18.2 million ($28.5 million, €26 million) in February 2013 to £15.7 million ($24.5 million, €22.3 million) today – has 10 bedrooms and 12 bathrooms but what makes it special is that after the Birch family realised that “Shelter Island doesn’t have a lot of large entertainment [spaces], clubs or bars” and thus built a vast nightclub with disco, home theatre and alabaster bar in the basement to use for fundraisers and private parties. It is soundproofed, air conditioned and has a dance pole (that Curbed controversially described as a “stripper pole” in March 2013), a sound system by Steve Dash and lighting by the team behind that at New York’s (since closed) Kiss & Fly Club.
In addition and ideally for a couple who like having it all, the house also has a dining room that currently houses a table that seats 26 people, an eat-in wine cellar with capacity for 2,850 bottles, a squash court, a tennis court, a heated waterfront gunite swimming pool, a spa and a 100-foot dock.
The selling agent listed with the task of finding someone who require a holiday home of such proportions is Beate V. Moore of Sotheby’s International Realty’s Bridgehampton office.
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All the hotels out on the Island are ghastly. This would make a great boutique hotel…