This 18th-century plantation owned by a former Morgan Stanley chairman is going for $17.5 million

A 300-year-old property owned by the former chairman and president of Morgan Stanley is now on the market for $17.5 million.

Listed by Plantation Services, the South Carolina property was once a home for the late S. Parker Gilbert and his wife, Gail Gilbert, according to The Wall Street Journal.

S. Parker Gilbert died in May at 81.

The couple purchased the home for $2.55 million along with 800 acres, according to the report.

The historic property is the third-oldest plantation in South Carolina, and was built by Thomas Broughton, who went on to become the royal governor of South Carolina in 1735.

Scroll down to see the house and two guest houses, situated 45 minutes outside Charleston.