Tag Archive: John Rudey


Beachfront Dream Home Sells For US Record $120 Million

 

 

 

Copper Beech Farm

 

 

 

 

” A sprawling estate, situated on prime waterfront property along the US East Coast, has sold for $120 million, setting a new record in the United States.

The sale of Copper Beech Farm, in the Connecticut town of Greenwich, was finalized Friday, according to the Greenwich Time newspaper.”

” “This is the most expensive property sold in America,” real estate agent David Ogilvy told the newspaper.

The dream home had been listed for sale nearly a year earlier, in May 2013, for $190 million.”

Copper Beech Farm

” The 13,500-square-foot (1,250-square-meter) main house, originally built in 1898 in French Renaissance style, has 12 bedrooms, nine bathrooms and 10 fireplaces, a library, a solarium, a wine cellar and a servant’s wing.”

Copper-Beech-Farm-1

” The property also includes two islands, nearly a mile (1.5 kilometers) of beach, a tennis court, a swimming pool and a hot tub, all surrounded by a sumptuous garden with extraordinary Atlantic Ocean views, according to Christie’s International Real Estate.”

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Most Expensive Home Hits The Market At $190 Million

 

 

 

 

” There’s Versace’s former home, priced at $100 million, Steven Cohen’s $115 million apartment and a Manhattan penthouse listed at $125 million. But none of them hold a candle to Copper Beech Farm and its 50 acres of waterfront in Greenwich, CT, which recently hit the market at $190 million, becoming the most expensive listing in the U.S. (Click here or on the photo to go to a slideshow.)”

 

 

” While the house is impressive — public records measure it at 13,519 square feet with 12 bedrooms and 9 baths — it’s the spectacular land that pushes the price tag up to nearly $200 million. The home sits on 4,000 feet of coveted waterfront property on Long Island Sound, which doesn’t includes the additional access to two private islands in the Sound. The two parcels, one at 30 acres and one at 20, contain a grass tennis court, formal gardens, carriage house, apple orchard, two greenhouses and a 75-foot-long heated pool. Considering that a 75-acre Greenwich property nowhere near the water is listed at $32.5 million, the $190 million ask is a little more understandable.” 

 

 

” Thinking about financing a place like this? According to Zillow’s mortgage calculator and assuming a 20 percent down payment (which would be $38 million) on a 30-year fixed-rate mortgage, a monthly payment would be $687,734.”