Connecticut
Susie Hilfiger’s Connecticut compound sells for $25M discount
Fashion designer Tommy Hilfiger’s first wife, Susie Hilfiger, has finally managed to offload her palatial Greenwich, Connecticut estate — for less than half its initial asking price.
First listed for $40 million in 2021, the sprawling property has been acquired for $15 million, Sotheby’s International Realty — Greenwich Brokerage listing agent Janet Milligan told the Wall Street Journal, which first reported the sale.
The approximately 20-acre spread last listed for $17.99 million.
“The market dictated the price adjustments,” Milligan said in a statement.
“When we launched the property, it was during the height of [COVID] and the average sales price in Greenwich had gone up, but the market has since stabilized.”
Despite being far from its original ask, the purchase price on Susie’s spot was also significantly higher than the $8.5 million she and her ex-husband paid for it in 1995.
The two divorced in 2000.
What’s more, it was also record-breaking for the area, representing the most expensive sale Greenwich has seen this year.
The grounds include an approximately 14,000-square-foot main house with seven bedrooms, a fireplace-equipped sitting room and distinctly unique features including a flower-arranging room and a silver storage room, the Journal reported.
There are also various outbuildings, including a guest house, a six-stall barn and three paddocks as well as a pool and tennis courts — not to mention extensive landscaping.
Tommy, meanwhile, also dumped his own Greenwich mansion relatively recently, back when the local market was at its pandemic peak. After listing the estate for $47.5 million in 2020, it was quickly scooped off the market “after just four showings, and three great offers,” The Post reported at the time.
“The house doesn’t feel very large because it’s cozy and warm. They used almost every room,” Milligan, who was also the listing agent for Tommy’s manse, told The Post of the mogul and his wife Dee Ocleppo’s use of their now former 22-acre, 13,344-square-foot home.