Amid Mountain of Debt, ‘Deadwood’ Creator David Milch Slashes Price for Martha’s Vineyard Compound

SELLERS: David and Rita Milch
LOCATION: Vineyard Haven, MA
PRICE: $6,999,000
SIZE: 22 acres with three residences

YOUR MAMA’S NOTES: Several weeks ago it was revealed “NYPD Blue” and “Deadwood” creator David Milch had, over the course of decades, gambled away an estimated $100 million fortune, leaving him $17 million in debt and with the IRS breathing down his back. Almost immediately, the asking price of his sublimely picturesque compound on Massachusett’s postcard-perfect Martha’s Vineyard was unceremoniously slashed from $8.95 million to a sliver under $7 million.

The 22-acre acre oceanfront compound, bought by Milch and his wife Rita in 1996 for about $4 million, all together sports, per online marketing materials, 11 bedrooms and 8 bathrooms divided among three separate residences: a classic, shingled and shuttered Cape Cod-style main house originally built in the 1880s with five bedrooms and seven bathrooms in about 3,500 square feet; a nearly 1,600-square foot guesthouse in a converted carriage house with four more bedrooms; and a sweet-as-sugar 600-square-foot pond-side cottage. The property offers plenty of open space, rolling lawns, a tennis court in the woods at the front of the property, and a gloriously unspoiled 300-foot stretch of private beach.

The former Yale professor and four-time Emmy-winning police procedural pioneer previously sold his longtime home in Los Angeles, just west of the Brentwood Country Club, in May 2014 for $4.8 million.

Listing photos: Sotheby’s / Wallace & Co.

Filed Under:

Post A Comment 4

Leave a Reply


Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Samuel says:

    How on earth do you gamble away 100 million…actually 117 million (17 in debt). That’s just…insane. INSANE I say!

  2. You know someone flipped the Moreno house for $5,100,000 and then someone razed it–house, study, every tree. I lived there before David and Rita and cringe at someone making it a teardown. They greatly enlarged the house and added the big pool on the west side. All gone.

  3. Desert Donna says:

    I disagree. The decor is very appropriate to the style of the house. What a tragedy for he and his family. So very sad.

  4. What an absolute dream summer house this would be. Definitely in need of a decor overhaul. But the bones of the house, and certainly the piece of land, are entirely covetable.

More Dirt News from Variety