The Kennebunkport, Maine, home of singer Jane Morgan and her late husband, producer Jerry Weintraub, has been listed for sale for $11.8 million. The property is located directly on the ocean, offering views of the Bush family's Walker's Point compound and the Atlantic coastline.
The approximately 4,960-square-foot house, originally built in 1969, features five bedrooms and three bathrooms. The listing agent, William Gaynor of Legacy Properties Sotheby's International Realty, mentioned that the home offers a sense of privacy and tranquility, while also being close to town amenities.
While this listing is distinct from a similar Kennebunkport property that recently sold for $12 million in just 90 minutes, it reflects the high demand for luxury waterfront real estate in the area. Maine's luxury market is seen as undervalued compared to other affluent coastal destinations like Nantucket and the Hamptons, where similar properties could command more than double the price.