The $190 million fixer upper: Greenwich mansion listed with a record-setting …

By
Jessica Montoya Coggins

06:04 GMT, 18 May 2013


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06:04 GMT, 18 May 2013

It’s a home even Jay Gatsby might find ostentatious.

The Copper Beech Farm in Greenwich, Connecticut is being listed by a real estate firm for 190 million, a new record for home prices in the United States according to the Wall Street Journal.

The waterfront property spans over fifty acres and contains 12-bedrooms plus two islands off the shore – but buyer beware, renovations are necessary.

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The mansion was originally styled as Victorian and French Renaissance

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The home comes with nearly a mile of shorefront property

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A horticulturalist with the New York Botanical Garden oversees the upkeep of the gardens

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The pool is heated to work around those pesky Connecticut winters

The estate once belonged to Harriet Lauder Greenway, whose father went into business with steel magnate Andrew Carnegie. Its current owner, timber industrialist John Rudey, is selling through the real estate agency David Ogilvy Associates, an affiliate with Christie’s.

The mansion was built in 1896. The main home encompasses three stories and contains an ‘elaborate’ solarium.

Any future resident might need to pack some walking shoes since the home also comes with a 1,800 foot-long driveway and 15,000 feet of living space.

Also plan on making some renovations since the interior needs ‘upgrading.’

The main kitchen is actually located in the basement. Speaking tubes, which date back to the days before electricity, are also in the house.

The hefty price tag does reflect a number of astonishing amenities that would fit into any episode of ‘Lifestyles of the Rich and Famous.’

In addition to a tennis court, two greenhouses, and a 75-foot heated pool, Copper Beech Farm also has a formal garden that is taken care of by a horticulturalist from the New York Botanical Gardens.

Listing agent David Oglivy says there were several studies done for the property. Initial evaluations had the entire property worth over 200 million.

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It would take a grand landscaping crew to maintain the property

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Initial estimates had the home appraised at over 200 million

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Careful of allergy season

According to Oglivy what makes Copper Beech Farm so ‘special’ is that the mansion is still at its original nineteenth century size.

The real estate market has not been kind to Greenwich since the recession of 2008.

Mansions that have gone on the market in the luxurious community have generally sold drastically lower than their original listings.

The most expensive sale in the last five years was for a waterfront home with over 20,000 square feet that sold for 39.5 million (it was originally appraised at 42.5 million).

The comments below have been moderated in advance.

They won’t get anywhere near that price, but it does give the listing lots of free publicity. It would be nice to know what the current owner paid and when.

SantaFeJack
,

Newport News VA USA,
18/5/2013 12:29

If I am going to pay 190 million then there sure better not be a window AC sticking off the front of the house
– Sharon , Dallas, United States, 18/5/2013 10:03 …Wow Sharon well spotted! No going to Spec Savers for you! I was too enarmoured of the property as a whole to see that feature! Glad you pointed it out, I shan’t be bidding 🙂

Kit
,

Queensland,
18/5/2013 12:23

Sigh. This is what I will spend my 600 million on when I win tonight’s lotto. Of course, I will negotiate the price.

Someone
,

Somewhere in Lone Star,
18/5/2013 12:17

That’s not a window AC unit, it is the way the double paned windows are shaded with the outer lattice trim work. Merely an illusion. I have no doubts that replumbing and rewiring is also needed, along with updating on kitchen and bath fixtures. Definitely worth it, though, for a property that pristine of that size.

thebutlerdidit
,

East Coast, United States,
18/5/2013 12:15

I love the location. Imagine waking up to that view everyday.

Twentyonefemale1
,

England, United Kingdom,
18/5/2013 12:04

The main home encompasses three stories and contains an ‘elaborate’ solarium.
========================== Fascinating …. and when are you going to tell us the ‘stories’…..? (It just gets worse every day, DM!)

Chronicler
,

London, United Kingdom,
18/5/2013 12:00

The Kirklees Estate in Calderdale, West Yorkshire was for sale last year, complete with 750 acres, at an asking price of £7m. Okay, it didn’t enjoy sea views, lying slap-bang in the middle of England, but 750 acres, dozens of buildings, and a rich history, for a mere fraction of this property!

Jake
,

Dartford, United Kingdom,
18/5/2013 11:55

Disgusting looking thing !

Charles20012
,

london, United Kingdom,
18/5/2013 11:54

And to think my direct ancestor Elizabeth Fones Winthrop Feake Hallet was one of the founders of Greenwich, Connecticut!!!! (Elizabeth’s Neck, now Greenwich point, was named after her; I descend through the Feake line)

Shy Low Beef
,

Metropolis USA,
18/5/2013 11:33

Looks fantastic, but worth $190m I don’t think so.

grumpy old woman
,

Planet Zorg,
18/5/2013 11:22

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