The Wall Street Journal - 03.04.2020

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M10|Friday,April3, 2020 THEWALL STREETJOURNAL.


See more photos of notable
homesat WSJ.com/RealEstate.
Email: [email protected]

Kerrie Marzot of Sotheby’s In-
ternational Realty had the listing.
—KatherineClarke

theytold theJournal in December.
Mr. Clark said hewasn’t sur-
prised that the property sold, even
amid a pandemic. “You have to
look past all this and say, what’s
something I’d still liketo own two
years from now?”he said.

Clark’sfather JimClark,aformer
Wall Street executiveand aphilan-
thropist who championedcancer
researchcauses.Hedied in 2015,
at age93. Jamie andKathyClark
have another smaller home on the
peninsula, which they willkeep,

FROM LEFT: DRONE HOME MEDIA; HAWK VISUALS

The house is surrounded
by water on three sides.

lion.The estate spans
about9.6 acres on the
PenzancePoint peninsula
and is surrounded on
three sides bywater. It
includes a traditional-
style main home aswell
as aguesthouse, a 36-foot
swimming pool, a boat-
house and a deepwater
dock, according to the listing. It
also includes itsown stretch of
private beach.
Themain house hasfour bed-
rooms,acircular entryway with
decorativewindows,
alibrarywith re-
claimed chestnut
paneling andase-
ries of large decks
looking outto the
water. Thereare two
additional bedrooms
in theguesthouse.
Thesellersare
Texas oil-and-gas
investorJamie
Clark and his wife
KathyClark.They
inherited the prop-
erty from Mr.

A well-known estate on
Cape Cod has soldfor
roughly $20 million, set-
ting a pricerecord for the
popularcoastal summer
destination.
The dealtops the prior
record set in 2013, when
billionaire BillKoch paid
$19.5 millionfor a home
owned by philanthropist Bunny
Mellon,The Wall Street Journal
reported.
The propertycame on the mar-
ket last December asking $25 mil-

CapeCod Estate


Sets Price Record


SOLD

$20
MILLION
9.6 acres,
36-f t.
swimming pool,
private beach

The property
listed for
$25 million.

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ENGAGE


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