Selling: Craig McCaw and wife Susan, pictured here in 2006, are selling the island because their kids are keeping them busy on the mainland
Costly: McCaw paid a world record $35 million for an apple-green 1962 Ferrari, pictured
Classic: The classic car was built for race car driver Stirling Moss
It was taken over and partly converted into a resort in the 1980's before McCaw bought it in 1994 and made it a private family retreat.
The real estate listing boasts that the island has 'miles of white sand beaches, grassy dunes, a diverse ecology and flexibility with respect to infrastructure and building'.
It adds that the spectacular island is 'easily accessible by private plane or boat'. So those without, need not apply.
THE WORLD'S MOST EXPENSIVE CAR
Classic car collector, Craig McCaw, snapped up race driver Sir Stirling Moss' former Ferrari for a record $35 million last month - making it the world's most expensive car.
McCaw bought the car from Dutch-born businessman Eric Heerema, owner of the Nyetimber vineyard in Sussex, southern England, according to
Bloomberg.
John Collins, of UK-based specialist Ferrari dealer Talacrest, said he has sold the apple-green 1962 Ferrari 250 GTO twice before, and that it's value had sky-rocketed.
'In the mid-90s it was in my showroom for three months before I sold it for £4 million ($6.18 million),' Collins said of the vehicle, which was first built for the legend race driver.
The 250 GTO is regarded by collectors as the most desirable of all classic Ferraris, taking first place on Motor Trend Classic magazine's 2010 list of the 'Greatest Ferraris of all time'.
The model was created in 1962 to compete at the Le Mans 24- Hour and other Grand-Touring car races.
McCaw's new purchase was made by the Ferrari factory in 1962 for the UK racer Moss and the driver's name is scrawled on the back of the right-hand driver’s seat.
The car was painted in the pale-green of Moss’ UDT- Laystall race team.
Unfortunately, Moss never got to race the car. On April 23, 1962, he suffered a career-ending crash at the Goodwood circuit in Sussex, England before taking the wheel of his new Ferrari.
The car was raced by fellow UK driver Innes Ireland at the 1962 Le Mans, where it retired.
Before May's sale, the record for the world's most expensive car had been held by a 1936 Type 57SC Bugatti Atlantic. It was bought by the California-based collector Peter Mullin in 2010 for between $30 million and $34 million.
In January, a 1963 Ferrari 250 GTO numbered 5095 was sold by UK-based businessman Jon Hunt for about $32 million, according to Bloomberg.
Collins said classic Ferraris were now extremely valuable investments.
'I’ve never seen anything like it. (The market) has gone crazy,' he said. 'If someone wanted to sell their 250 GTO, I could find a buyer in 30 seconds.'
The strongest market at the moment is for Ferraris built in the 1950s and 1960s - with the 250 GTO the car investors are clamouring to buy. Just 39 Ferrari 250 GTOs were made between 1962 and 1964 with Enzo Ferrari selling them for $9,300.
Over the past eight weeks, three Ferrari 250 GTOs totalling just under $90 million have sold as well as two Ferrari 250 California Spyders and a short wheelbase 250 Berlinetta.
Rich: Seattle tech magnate Craig McCaw is selling James Island, pictured, for $75 million 
