<p><div class="image-container float_right" style="width:400px"><div class="image"><img src="http://static3.businessinsider.com/image/4f5a687eeab8eaa96000004b/bunny-mellon-cape-cod-house.png?maxX=400&amp;maxY=300" border="0" alt="Bunny Mellon Cape Cod House" width="400" height="300" /></div><p class="source"><a href="http://www.sothebysrealty.com/eng/sales/detail/180-l-1185-0402237/26-acre-waterfront-compound-osterville-ma-02655">Sotheby's International</a></p></div>Bunny Mellon, the 102-year-old widow of banking legend and philanthropist Paul Mellon, <a href="http://www.businessinsider.com/legendary-banker-paul-mellons-widow-is-also-selling-their-gorgeous-26-acre-waterfront-cape-cod-compound-2012-3">put her gorgeous, 26-acre Cape Cod compound on the market</a> last January for $28.7 million.</p>
<p>Now, it appears that billionaire Bill Koch, sibling of Tea Party darlings David and Charles, has purchased the home for $19.5 million through an LLC, according to celebrity real estate blogger <a href="http://realestalker.blogspot.com/2013/01/bunny-mellon-sells-cape-cod-compound-to.html">The Real Estalker</a>.</p>
<p>It's on secluded Oyster Island, with a main residence, guest house, tennis court, lawns, gardens, and orchards.</p>

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HOUSE OF THE DAY: Billionaire Bill Koch Buys The Mellon Compound On Cape Cod For $19.5 Million

Sotheby's InternationalBunny Mellon, the 102-year-old widow of banking legend and philanthropist Paul Mellon, put her gorgeous, 26-acre Cape Cod compound on the market last January for $28.7 million. Now, it appears that billionaire Bill Koch, sibling of Tea Party darlings David and Charles, has purchased the home for $19.5 million through an LLC, according to celebrity real estate blogger The Real Estalker. It's on secluded Oyster Island, with a main residence, guest house, tennis court, lawns, gardens, and orchards.

Sotheby's InternationalBunny Mellon, the 102-year-old widow of banking legend and philanthropist Paul Mellon, put her gorgeous, 26-acre Cape Cod compound on the market last January for $28. 7 million.

HOUSE OF THE DAY: Billionaire Bill Koch Buys The Mellon Compound On Cape Cod For $19.5 Million

Julie Zeveloff,Linette Lopez

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