Jeffrey Epstein’s ‘Pedophile Island’ Gets a Price Cut because Millionaires Avoid Buying a Trouble Spot

Jeffrey Epstein’s ‘Pedophile Island’ Gets a Price Cut because Millionaires Avoid Buying a Trouble Spot

Jeffrey Epstein’s ‘Pedophile Island’ Gets a Price Cut because Millionaires Avoid Buying a Trouble Spot

Jeffrey Epstein’s “pedophile island” in the Caribbean has seen a price cut as the super-rich continue to shun the disturbing property.

The estate is actually made up of two private islands, known as Great St James and Little St James.

They were listed in March for a total of $125 million, but their price has now been slashed about 12 percent to $55 million each, according to The Wall Street Journal

Modlin Group advertising representative Adam Modlin told the log that several potential buyers had expressed an interest in the islands, but that there was more interest in them individually than as a couple.

From the sale of the properties, the proceeds will go towards all outstanding lawsuits that are still being settled against his estate and the operation of the Epstein estate itself.

The estate of the late and disgraced financier has already sold his $51 million New York mansion, as well as his Palm Beach, Florida home, for $18.5 million. His New Mexico ranch remains for sale for $27.5 million.

Great St James consists of more than 160 acres and was bought by Epstein in 2016, three years before his arrest for sex trafficking.

Little St James is a 70-acre island where Epstein was accused of sexually abusing underage girls. It comes with a private dock, helicopter landing pad, gas station, two swimming pools, main residence and four guest villas. It also has three beaches and a gym.

Undated handout photo issued by the United States Department of Justice of Jeffrey Epstein’s private island, showing a complex of tall pillared buildings and bright blue roofs clustered around the top of a hill

(FATHER)

Epstein, 66, was found dead in August 2019 after committing suicide in a New York City prison awaiting trial on federal sex trafficking charges.

It was in the Virgin Islands that Epstein registered as a sex offender in 2010, after his first conviction for child prostitution in 2008. He also established his shell companies in a small unmarked office in a seaside mall in St. Thomas, next to a Sam’s Mini-Mart. and a salon called Happy Nails.

In 1998, he bought Little St James from venture capitalist Arch Cummin through a shell company, reportedly paying just under $8 million. The new owner quickly sanded down all native vegetation and replaced it with 40-foot palm trees.

Beginning in 2007, Epstein embarked on a massive building and remodeling program that aroused suspicion among local officials. His main residence nearly doubled in size and grew into a luxury mansion with an outdoor patio connecting the master bedroom and pool, along with a desalination system.