April is apparently the month for $100 million deals. On the heels of the $102 million sale of the Fleur de Lys in Los Angeles comes word that Copper Beech Farm, the most-expensive single-family home in the United States to ever list publicly, has sold for a staggering nine-figure sum.
Like the Fleur de Lys, the prized Greenwich, CT, property was similarly thought of as unsellable—at least at its $100 million-plus price. After debuting on the market for a then-record $190 million in May 2013, Copper Beech Farm saw its price drop considerably in the months that followed—first a $50 million price cut in July and then a $10 million adjustment this past January. In the end, however, a buyer was willing to go beyond the $100 million price tag to secure the pricey property. Citing documents filed with the Greenwich Town Clerk’s office,CTNews.com reports that Copper Beech Farm closed with a final price of $120 million — $70 million less than its original ask and just shy of the $132.5 million paid for Broken O Ranch in Montana, which sold in 2012 for $132.5 million.
Occupying 50 private acres in Greenwich, Copper Beech Farm features 4,000 feet of private frontage on Long Island Sound, a pair of offshore islands, and a 15,000-square-foot mansion built in 1896 with Victorian and French Renaissance influences.
An 1,800-foot cobblestone driveway leads up to the mansion-estate, which lives up to its unworldly price tag with a range of luxury touches. Grand living spaces feature beautiful hand-carved fireplaces and paneled finishes, and soaring ceilings boast intricate artwork. The dining room features an extravagant fireplace, columns, rich oak paneling and a tracery ceiling. A solarium comes lined in detailed glass.
Outside, the regal setting contains a 75-foot heated pool that sits adjacent to an octagonal pool house and dressing room, an enormous spa and large terraces. Grassy hills roll into formal gardens, courtyards and an apple orchard. A tennis court, a stone carriage house with a clock tower, and a shingled cottage with water views also reside on the premises. With Copper Beech Farm now off-market, the title of most expensive listing on realtor.com® falls to a 258-acre parcel in the prime Bel Air community of Los Angeles, which currently lists for sale at $125 million. For the most expensive, single-family home listing, the honor goes to the New York mansion of Florida Panthers owner, Vincent Viola, whose incredible home currently lists for $114.07 million.
Author:Marc Blitstein Phone: 303-330-4058 Dated: April 15th 2014 Views: 3,842 About Marc: Marc Blitstein has been a licensed Real Estate Agent since 2004. Real estate experience has been in ...
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"When I decided to sell my home and look for a new place, my first call was to Jim and Ion Real Estate. He listed my condo and in two short weeks my place was under contract. Now, the real fun began, looking for a new place! The Ion Real Estate website was great. I loved the map function and the emails it sent with new listings that matched my previous searches. On Saturday, Jim and I headed out to look at several places I had picked to see. At the time I didn’t really notice how he listened carefully to everything I said about each place from the lighting to the layout. I was even a little sad that I didn’t find anything that day but Jim reassured me not to worry and a week later he had set up some more appointments. I still remember walking into my new place and just knowing. I had only taken two steps into it and I knew I wanted it.
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Recently one of my close friends mentioned she wanted to stop renting and buy. I immediately referred her to Ion Real Estate. This time I was able to watch with an outsider perspective at the way Jim cued in on my friend’s preferences. Stephanie kept talking about the charm of old houses, a far cry from the sleek modern condo I chose. By the second house-hunting excursion, Jim knew just which home she would pick. As we walked up to the front porch, I saw Stephanie with the same excitement I had felt just a few months earlier. I watched her mentally move in her furniture and this time I saw the smile that crossed over Jim’s face when he knew Stephanie had found her home.
Throughout both experiences, it was clear Jim understands what people want in their homes and how to structure the entire buying experience to be a positive one. I have heard so many crazy stories from people that didn’t chose the right realtor or mortgage broker. They always start by saying, “I didn’t think a realtor made any difference.” It makes a difference! It made a difference for me and for Stephanie. Owning is better than renting; and, it is even better when Jim and Ion Real Estate are guiding you through the process!