A wealthy family owned a private island for over 100 years. They moved south and sold it for $26.5 million.

The descendants of a family who made their fortune selling baking powder have decided to part with their private island after holding onto it for over a century. The 8,600-square-foot property, complete with an infinity pool and two pristine beaches, recently fetched $26.5 million. This sale highlights not just the family's long-standing wealth but also the changing dynamics of private island ownership, where such estates are becoming more accessible to new buyers despite their historical significance. The transaction underscores the high value placed on exclusive, luxury real estate.