Part of the Martha’s Vineyard estate once owned by Post publisher Katharine Graham was put on the market earlier this month. The 186-acre property in West Tisbury is listed at $39.5 million.

Mrs. Graham spent many summers at the beachfront estate known as Mohu where she entertained many dignitaries, celebrities and good friends. According to a story in the Vineyard Gazette, Mrs. Graham bought the property in 1972 for $1.46 million at the urging of Henry Beetle Hough, who wanted to prevent it from falling into the hands of developers.

Following Mrs. Graham’s death in 2001, her son William Graham took possession of the estate. William Graham, a lawyer, investor and philanthropist, built what is now the eight-bedroom main house on the property around 1990. He also restored the natural beauty of the land by clearing away overgrown brush and brambles, creating a network of paths and trails and building stone walls that wind through the property.

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“The natural beauty of the setting was very appealing to him,” said Fred Cohen, one of the trustees managing the sale of the estate. “He liked working the land as well.”

“He enjoyed jumping on top of the tractor and going around the property,” added Robert Shuwarger, another trustee.

His daughter, Alice Graham, described to the Vineyard Gazette her father’s love of the estate.

“My Dad’s vision was of a place where people could find peace, and maybe even healing, through interacting with nature,” she said.

In 2005, William Graham approached John Abrams of South Mountain Company about turning his mother’s house on the property into affordable housing. Although his initial idea wasn’t feasible, Abrams suggested he disassemble the house and donate the materials to the Island Affordable Housing Fund.

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“He loved the idea of re-purposing discarded houses as high quality affordable housing,” Abrams said. “He was brilliant, creative, generous and compassionate. He had great taste and he loved conversation. I always had a soft spot for him.”

William Graham died in December at age 69.

In addition to the main house, the estate includes a detached three-car garage with living quarters on its second level, a two-story guest house, a one-bedroom beach house that was renovated by Abrams and a barn.

The listing agents are Thomas LeClair and Gerret Conover of LandVest Martha’s Vineyard. Proceeds from the sale are being donated to charities that benefit medical research. The 50-acre parcel where Mrs. Graham’s house stood is not included in the sale.

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