Estate of the Day

Last month we wrote about some of the Caribbean's most exclusive escapes. Want to create your own private refuge in paradise? Manatee Peninsula (above), a picturesque and historic 355-acre property in the Dominican Republic with 4.4 miles of pristine beachfront is being offered for sale at $15 million – $6 Million below a 2008 bank estimate. Named the Manatee Peninsula due to the extensive lagoon filled with playful, gentle manatees, the property has an interesting history: Christopher Columbus discovered the peninsula on his second trip to the New World in 1493 and anchored his boats in the lagoon. The property is minutes from Columbus' original settlement, La Isabela, considered the first formal European settlement in the New World and now a National Park. The undeveloped parcel is protected a 10,000 foot mountain range to the southeast that acts as a natural hurricane shield, making it an ideal haven for yachts as well. For more pictures please click on the link below, http://www.luxist.com/photos/manatee-peninsula/