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Billionaire businessman Herbert Kohler Jr. has listed his 4,400-square-foot Florida vacation home on exclusive North Captiva Island for sale for $5.7 million. Kohler is the chairman of the Kohler Co., a manufacturing company best known for its plumbing products.
The three-bedroom, 4.5-bath home was built in 1994 and sits on more than 6.5 acres on the corner of Red Fish Pass, at the southern end of the island.
The island is accessible by boat, ferry, or light airplane. No cars are allowed—people get around on electric golf carts, by bicycles, and on foot. Roughly half of the island’s 700 acres are undeveloped state parkland.
It’s home to a handful of restaurants with names like Barnacle Phil’s, a convenience store, and an ice cream parlor called the Pirate’s Stash. Commercial electricity and phone service arrived at the island in the 1980s. White-sand beaches and palm trees abound.
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Kohler’s home sits on the largest parcel in Upper Captiva Shores. It features two guest suites with separate entrances and lofts for more guests. A handcarved wooden staircase leads to the master bedroom on the top level, which has unbeatable views of the Gulf of Mexico and “endless water, endless sunrises and sunsets,” the listing reads. The home’s multiple decks overlook a private dock with boat lift.
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Naturally, the plumbing fixtures in the home are incredible. “No expense was spared, with intricate details inside the home, with top-of-the-line fixtures, steam shower, outdoor showers, spa, and elevated endless pool,” the listing reads.
Kohler took over his family’s private, Wisconsin-based business in 1972 and ran it until 2015, when his son, David, assumed the role of CEO. Forbes estimates his net worth at $8.8 billion.
The post Plumbing Billionaire Herbert Kohler Selling Captiva Island Home appeared first on Real Estate News and Advice - realtor.com.
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