Your Jaw Will Drop Looking At The Gorgeous $5 Million Estate That Bill Ackman May Donate To Harvard

Bill Ackman Chatham

Photo: Business Insider

Pershing Square’s Bill Ackman is selling his 100-acre estate in Chatham, New York, DealBreaker reported.The activist investor picked up the estate for $3.2 million in 2003 and spent $1.5 million renovating it—so if it sells for the $5 million price, he basically breaks even.

As always, Ackman is making a good sell—he told DealBreaker that the place has “really good investing karma” and that he came up with some of his best investment ideas in the house.

The estate itself also boosts views of the Catskill Mountains, a lake and a pool. The house has its own home theatre, 4 bedrooms, a gym and a conservatory.

If you’re interested, better swipe it up quickly—it’s listed by Corcoran. Ackman told Dealbreaker that he intends to donate the estate to Harvard, where he attended for undergrad and business school, if he does not find an adequate buyer.

It's situated amid rolling hills and greenery.

A big driveway leads up to the house's entrance. There are 2 garages.

A welcoming stairwell.

A library/sitting room is decked out in relaxing pastel colours.

This room looks cozy too.

This is the formal dining room.

The porch looks great for lounging in the summertime.

A kitchen.

A sunlit eat-in kitchen.

This living room has an informal dining table too.

A back patio enclosed in glass.

We think this is the master suite. There are 4 other bedrooms in addition to this one.

A spacious shower with a sunroof.

There are two master suite bathrooms.

A red spiral staircase leads up to two guest bedroom suites.

This room's decked out in a yellow colour scheme.

This bedroom is light blue with sunflowers.

There's a huge home gym in the basement.

It comes with a ping pong table.

The wine cellar is down there too.

Check out the home theatre, the door leads to a projection room.

And there's an art studio.

The estate overlooks a huge lake that Ackman says he rows on in the summer. In the winter, you can go ice skating.

If the lake doesn't suit your needs, there's a 75 ft x 20 ft pool and a pool house.

The nighttime view is breathtaking.

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