The most expensive residential estate in the Caribbean has hit the market for $200 million. The Terraces, located on a hilltop on the small private island of Mustique, is the largest and grandest property on an island known for its remarkable estates. The 17-acre plot offers panoramic views across the Caribbean and Atlantic coasts. The property was designed in Venetian style and has 9 principal suites, 2 swimming pools, and an independent guest villa with its own pool and the largest entertaining space on the island. There’s also separate staff accommodations. Mustique, located 100 miles west of Barbados, offers a history with royal family ties. In 1958, Colin Tennant bought the entire island for $53,800 ($1.2 million today) and gifted it to his friend Princess Margaret, who built a villa there. In the decades since, it has become a popular vacation destination for celebrities, and Tommy Hilfiger and Mick Jagger have purchased homes there as well.
