Indeed.
In 1979, Jackie Kennedy Onassis bought Red Gate Farm in Aquinnah on Martha’s Vineyard for just over one million dollars. The 340-acre property was filled with windswept dunes, salt-blasted heathlands, and quiet ponds. Jackie fell in love with the natural beauty immediately. She wanted a life close to nature. There would be no pool or tennis courts. She wanted to swim in the ocean, breathe fresh salt air, ride her bicycle to the lighthouse each morning, run on the beach at low tide, and read on her deck in the afternoon.
Her daughter Caroline later wrote that Jackie loved the old stone walls, the clay cliffs, and the blue heron that lived by the pond behind the dunes. Jackie raised her children there, and later Caroline raised hers. For three generations, the family created traditions on the property. They set lobster traps in Menemsha Pond, entered county fairs, grew vegetables, and collected seashells from the beach every day.
When Jackie passed away in 1994, she left Red Gate Farm to Caroline. In 2013, Caroline and her husband Edwin Schlossberg donated 30 acres along Moshup Trail to the Vineyard Conservation Society. The land was valued at 3.7 million dollars.
By 2019, Caroline’s children had grown up, and she decided it was time for them to explore new opportunities. She put Red Gate Farm on the market for 65 million dollars. The estate had a mile of private beach, rare coastal heathlands home to endangered species, and land considered one of the most important natural tracts in Massachusetts.
Instead of selling to the highest bidder, Caroline worked with the Martha’s Vineyard Land Bank and the Sheriff’s Meadow Foundation. In December 2020, they bought 304 acres for 27 million dollars. In 2021, the Land Bank purchased another 32 acres for 10 million dollars. In total, 336 acres were preserved. The land became the Squibnocket Pond Reservation, open to the public forever.
The Kennedy family kept just 95 acres for their homes and memories. Caroline could have earned 65 million dollars by selling to a tech billionaire, but she chose preservation. She said the family wanted to be worthy stewards of this fragile habitat.
Thanks to her decision, the coastal heathlands, endangered arethusa orchids, northern harrier hawks, and blue herons will continue to thrive. Visitors can walk the same beaches where Jackie ran, climb the hills where Caroline raised her children, and experience the wild beauty of a place protected by one family for forty years.
Red Gate Farm is no longer private property. It belongs to everyone. Caroline Kennedy’s choice reminds us that sometimes the greatest wealth comes from giving something precious to the public rather than keeping it for profit.