50-acre Connecticut estate sells for $120 million

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GREENWICH, Conn. (AP) — A 12-bedroom waterfront estate on 50 acres in wealthy Greenwich has been sold for
$120 million.
Even
though that’s $70 million under Copper Beech Farm’s initial listing
price, real estate agent David Ogilvy tells the Greenwich Time (http://bit.ly/1jzpxJN ) he believes the sum is the
most ever paid for a residential property
in the United States. The paperwork finalizing the sale to a limited
liability company was filed Friday.
The 13,000-square-foot French
Renaissance-style home has a 75-foot pool, grass tennis court, a stone
carriage house and two islands in Long Island Sound.
Ogilvy says Copper Beech Farm edged out a Silicon Valley property sold last year for $117.5 million.
Built in 1896, Copper Beech Farm was once owned by Andrew Carnegie’s niece Harriet Lauder Greenway.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
GREENWICH, Conn. (AP) — A 12-bedroom waterfront estate on 50 acres in wealthy Greenwich has been sold for
$120 million.
Even
though that’s $70 million under Copper Beech Farm’s initial listing
price, real estate agent David Ogilvy tells the Greenwich Time (http://bit.ly/1jzpxJN ) he believes the sum is the
most ever paid for a residential property
in the United States. The paperwork finalizing the sale to a limited
liability company was filed Friday.
The 13,000-square-foot French
Renaissance-style home has a 75-foot pool, grass tennis court, a stone
carriage house and two islands in Long Island Sound.
Ogilvy says Copper Beech Farm edged out a Silicon Valley property sold last year for $117.5 million.
Built in 1896, Copper Beech Farm was once owned by Andrew Carnegie’s niece Harriet Lauder Greenway.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.

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