Kozlowski’s Nantucket Estate Valued at $15 million
Convicted Tyco chief L. Dennis Kozlowski’s oceanside mansion in Nantucket, where the king of lavish corporate spending hosted a $200,000 wedding for his daughter in 2003, has tripled in value since he bought it in 1997 for $5 million according to a what a top island real estate executive told the Herald.
It is a 7,000-square-foot Nantucket estate, on 3.8 seaside acres.
For now, Kozlowski holds title to one of Nantucket’s most valuable estates, known as Sea Rose Farm.
A similar property sold for $16 million recently, shattering an island price record.
And if the mansion won’t do the trick, Kozlowski might try to sell his beloved $25 million, 130-foot yacht, The Endeavor, at one time a regular summer feature on Nantucket.
