Just listed in outstandingly wealthy Greenwich, Conn.: a 50-acre property on the edge of Long Island Sound asking a breathtaking $190M, making it the most expensive private home on the market in the United States. According to the Journa...
Just listed in outstandingly wealthy Greenwich, Conn.: a 50-acre property on the edge of Long Island Sound asking a breathtaking $190M, making it the most expensive private home on the market in the United States. According to the Journal, Copper Beech Farm, owned by timber mogul John Rudey, comes with a 12-bedroom "Victorian, French-renaissance mansion," a whopping 4,000—yes, four thousand—feet of water frontage, and not one, but two offshore islands.
Rudey, who's selling the spread "because his children have grown,"—super-mega-ultra rich people, they're just like us!—bought the home 31 years ago, though he wasn't the first tycoon to set up shop there. According to the listing, the manor was built in 1898, and the Journal provides a bit of history: it was once owned by the Lauder Greenway family, which made its fortune helping Andrew Carnegie start up his steel business. As is often the case with properties at this price point, interior photos are nonexistent in the public listing (though the WSJ has a few), but here's what's known: the living space measures 15,000 square feet and includes a "dining room with an elaborate ceiling" and a solarium. Also on the property: formal gardens, a grass tennis court, two greenhouses, an apple orchard, a 75-foot-long heated pool, and a 1,800-foot-long driveway.
Bragging the title "most expensive" is no small feat, and yet this New England manor crushes—nay, obliterates—the competition: it's a whole $55 million more than (what's now) America's second most expensive listing (a Dallas spread listed for $135M by business honcho Tom Hicks) and $72.5M more than America's biggest-ever sale, a Silicon Valley spread that recently sold for $117.5M.
Listing agent David Ogilvy admits to the Journal that pricing is a bit of a guessing game with properties this valuable—and it's true, there's ample evidence that many nine-figure places endure harsh Price Chops, or, perhaps worse, don't sell at all. "It's one of these things where you cannot look and say 'It's worth X,' because there's nothing like it," Ogilvy says. Or, as another real estate agent interviewed by the Journal puts it: "a vanity price is a great way to get your 15 minutes of fame."
· A Greenwich House Aims to Sell for $190 Million [WSJ via Daily Mail]
· $190,000,000 in Greenwich, Conn. [Realtor.com]
· All Blockbusters coverage [Curbed National]