Craig McCaw's $75M James Island

Craig McCaw is a Seattle-area businessman and entrepreneur who achieved success as a pioneer in the cellular phone industry. He is the founder of McCaw Cellular (now part of AT&T Mobility) and Clearwire Corporation.

McCaw recently listed his Vancouver area private island for sale for $75M. Features of their 780 acre private island include a private Jack Nicklaus-designed golf course, sandy beaches, an airstrip and a marina. There is a four-bedroom, 5,000-square-foot main residence built from reclaimed cedar, a large warehouse that has been converted into an entertainment center, a gym, a store, staff accommodations and six guest cottages.

Formerly the site of a World War II-era dynamite plant, the island once had a population of roughly 800. In the 1980s it was partially developed into a resort. Mr. McCaw, the cellphone-industry pioneer, purchased the island in 1994.
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