Ghislaine Maxwell's Mansion Is For Sale For Over $7 Million

If you've thought of visiting Cape Ann to unwind from the busy life in Boston, the secluded million-dollar Manchester-by-the-sea mansion, always a landmark indicating that you're 25 miles to the north of Boston, is now up for sale. The historic beige clapboard home is popularly associated with Ghislaine Maxwell, the British socialite convicted of sex trafficking in 2021. However, Boston Globe confirmed that the all-white elegant 301 Summer St. residence is the legal property of Tidewood LLC, a limited liability company linked to Scott Borgerson.

Here's the kicker: Maxwell and Borgerson not only shared chemistry but were also secretly married in 2016 before the arrest of the 60-year-old madam brought an end to their relationship (via Business Insider Africa). During the early stage of the trial, Brogerson, the wealthy tech CEO of CargoMetrics, supported his wife; he denied her involvement with sexual crimes and stressed how wonderful and loving the woman was, Independent wrote. But as the situation started to rear its ugly head, Borgerson backed out of the marriage and found love with another woman, GBN explained. Though The Times previously reported that he was at that time going to offer millions in bail for the release of his convicted wife.

While every romantic moment the duo used to share in the waterfront mansion appeared to have faded away, the worth of the Massachusetts home has increased and is now listed for sale for $7 million now that it's harder to buy a house.

According to Boston Globe, the $7 million listed property, which is popularly called the Phippen-Smith house in the neighborhood, sits on about 1.5 acres of land where it overlooks the scenic water of North Shore near Grave Island. The 1660 historic waterfront home itself is 6,100 square feet wide and is a part of Sharksmouth Estate enclave, as noted in a report by New York Post. The report also explained that the all-white home was moved away by barge from its previous location in 1917, was bought for $2.45 million by Borgerson in 2016, and restructured at the cost of $2.5 million.

Inside the five-bedroom million-dollar home, Mansion Global wrote, the new owner will have access to Tesla charging stations, a modern smart home system, and super speedy fiber optic internet connection cables. They also mentioned that the property gives the lucky buyer access to a sandy coastal path that winds around the entire Sharkmouth Estate. If you happen to be a cyclist by hobby and luckily purchase this property, this feature would be a nice cycling trail for your weekend escape. 

If you're wondering where the $2.5 million renovation money went, here's the full scoop. As revealed by The Arts Of Entertainment, Scott Borgerson changed the flooring plan of the house by expanding the tiny bedrooms and remodeling them. This transformed the Phippen-Smith house from seven bedrooms to five bedrooms, which is possibly where the larger share of the reno investment sank into.

A report on Press Informant mentioned the replacement of the 200-year-old outdated windows of the house while suggesting that a collection of artwork was also purchased from divers who got them from an abandoned Navy ship that sank in Graves Island near the home. The report gave further details, noting the upgrade of the main lounge with vintage furnishings and even more artwork designs.

Of course, the previously mentioned Tesla charging stations, fiber optic internet cables, and smart home systems were a part of the restoration. And though a story published in The Washington Post trailed Borgerson's struggles to add a natural pool and a two-story, two-car garage to the expensive property, there's no note of whether the project was successfully executed. Nonetheless, the next homeowner will be able to fish and swim in the North Shore's water that lies just below the summertime mansion.

Initially, when Ghislaine Maxwell was hiding out in the 18th-century Massachusetts home in 2019, she would be seen with Scott Borgerson jogging along the trails, frolicking on the beach, and using Barker's tennis court. During this period, Maxwell was viewed as a gentlewoman enjoying a great life with her millionaire husband. However, as word got out that she was the spearhead of the trafficking of minors for Jeffrey Epstein, neighbors around Sharksmouth Estate felt threatened. They started ostracizing the duo in order to make them feel unwelcomed around the neighborhood, according to New York Post.

And while Maxwell's arrest that shortly followed seemed to restore the intruded peace of the estate, Borgerson was never again to be on good terms with the rest of the neighborhood. In fact, a story published in Daily Mail noted that Sharksmouth trustees went to court to ruin Borgerson's plan of building a natural swimming pool and a two-story, two-car garage in the mansion. But luckily, Tidewood LLC swung to action with a dispute that turned the event in Borgerson's favor.