Who owns the island in Sterling Point? The purchase offer landed in the middle of a birthday party
Who owns the island in Sterling Point? How the inheritance actually works, who's circling with a checkbook, and where the sale question lands by the finale.
Short answer: the kids. Grandfather Gordon dies before the show even starts and leaves the entire island to his three grandchildren — Annie, Connor, and Ramona, the granddaughter he actually raised. Three teenagers, one island, zero conflict potential whatsoever.
The birthday gift from hell
The money enters the chat in episode 5, and the staging is genuinely funny. Connor is moping at his own 18th birthday party (Camp Rock theme, don't ask, Annie ditched him for a club) when Denise — local mogul and, awkwardly, Rory's mother — shows up with a folder. Inside: a formal offer to buy Sterling Point. Happy birthday, kid, here's some paperwork that could tear your family apart. Connor — the same guy who was pitching resort development two episodes earlier — turns it down flat, insisting his sisters would never sell.

Narrator: a sister would, in fact, consider selling
By the finale the tables have fully rotated. Ramona, freshly wrecked by the Steven paternity reveal and her breakup with Oona, is the one ready to cash out, and Connor helpfully reminds her Denise's offer is still on the table. It takes Annie — the New Yorker who arrived planning to flip the place — to pump the brakes: she asks Ramona to wait one year before selling, and Ramona agrees. Park has said the fight was never really about real estate, telling TheWrap the sale debate is, at bottom:
"…a conversation of money and class and privilege."
So: the island stays in the family. For now. The clock, however, is running.