Connecticut
Once the priciest home sold in the US, this property now asks $150M
This grand Connecticut property as soon as bought for a document nine-figure sum — and now it’s returned on the market, asking a good larger value.
The Wall Avenue Journal reviews that Copper Beech Farm in prosperous Greenwich, which spans 50 acres and options a couple of mile of frontage alongside the Lengthy Island Sound, has listed for a cool $150 million. That’s $30 million greater than the $120 million the property final bought for in 2014 — which, on the time, was the very best value ever paid for a house within the US.
Regardless of the glory of that 2014 title, the brand new $150 million asking value — although nothing to smell at — wouldn’t break the identical document, ought to a deep-pocketed purchaser declare this unfold for that mighty value. In early 2019, billionaire hedge fund titan Ken Griffin bought an residence at 220 Central Park South in Manhattan for about $240 million — a greenback determine that also wears the crown because the document value paid for a US dwelling. (The $150 million ticket value can be $100 million under that for a $250 million triplex penthouse in Central Park Tower in Manhattan, which listed on the market in late 2022.)
The house owners of this Connecticut providing, in the meantime, nonetheless aren’t recognized — almost a decade after that document buy. One of many itemizing representatives, Leslie McElwreath of Sotheby’s Worldwide Realty, declined the Journal’s request to touch upon the house owners, saying solely that they’re “Connecticutites.” Their id has additionally reportedly been a “carefully guarded secret” inside Greenwich since that 2014 take care of timber magnate John Rudey. All that exists is an LLC referred to as The Conservation Institute.
As soon as generally known as Kincraig, the property traces its origins to the Nineties and belonged to the Lauder Greenway household. (The Journal notes that Harriet Lauder Greenway’s father helped Andrew Carnegie launch the enterprise that later grew to become U.S. Metal.)
The itemizing features a French Renaissance-style mansion that runs some 13,500 sq. toes. The principle home, lately restored and up to date, has eight bedrooms and 9 fireplaces. It additionally stands 4 tales tall — and the principle rooms have ceilings 12 toes excessive. The lounge, for its half, has French doorways that head to a solarium with coffered ceilings.
Elsewhere on the grounds, there’s a gate home with three bedrooms, and a carriage home with two bedrooms and a clock tower. Much more splashy are the 2 personal seashores and a personal island on the Sound. (The youngsters of the house owners have paddled on the market to spend nights tenting.) Perks additionally embrace a 75-foot-long heated pool and spa.
The property is cut up into two parcels, one with 20 acres and the opposite with 30. McElwreath, who’s representing the property with Joseph Barbieri together with Nikki Area in New York, informed the outlet the property could possibly be additional divided into 10 or 12 tons — however she reckons it’s extra prone to promote as single-family.
The explanation for the departure? Area informed the paper the house owners’ youngsters have grown up and left.
“Nobody’s swimming within the 75-foot pool, nobody’s paddling over to the personal island,” she informed the Journal. “That they had their enjoyable in it.”