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Perot's Island up for sale

On the market: Round House on Perot's Island.

A valuable private island, which engaged multi-millionaires in a lengthy court battle nearly a decade ago, is once again available for sale.

At just over eight acres, Perot's Island in Southampton is being described by realtors Coldwell Banker JW Bermuda Realty as one of the most extensive private shorelines in Bermuda.

The estate includes a three-storey 17,000 square foot main residence, recreation facilities, several docks, boathouse, greenhouse and more.

The Land Valuation list states that Marion MacMillan is listed as the owner of Number 1 and 3 Perot's Island.

The Annual Rental Values for Number 1 and 3 Perot's Island are $492,000 and $67,200 respectively.

In 1993, American heiress Marion MacMillan and Canadian trucking tycoon Michael DeGroote were embroiled in a lengthy and expensive fight over the ownership of the property.

Mr. DeGroote won his fight which began when Ms MacMillan backed out of an agreement made in 1990 to sell the property to Mr. DeGroote for $8.5 million.

But Mr. DeGroote decided after the court fight that he did not want to live on the island after all.