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Former Bloomingdale's Exec Lists Big Brown Bag for $10.95M

On a secluded offshoot of Shelter Island stands this 6,800-square-foot English Country home. The weathered cedar-shake manse was built in 2003, but was inspired by classic Gold Coast architecture—right down the front doors, which were actually reclaimed from a historic French estate. The property includes two acres of waterfront land, a massive deep-water dock, a three-bay carriage house, which does double duty as a pool cabana, and a series of patios and terraces.

So who presides over this modern-day fiefdom? According to Real LI, that'd be Lester Gribetz, the current president of Lenox Corporation, the "market leader in quality tabletop, giftware and collectibles." (This probably explains the home's "fabulous" kitchen and butler's pantry.) But more interesting than that role might be Gribetz's former gig as the vice chairman of Bloomingdale's. What a job! With a list price of $10.95 million, this Shelter Island spread can definitely fill a couple big brown bags!
· Listing: Shelter Island Coastal Retreat [Corcoran]
· Rich Cribs [Real LI]