This gorgeous Connecticut estate once sold for a record nine-figure sum—and now it’s back for sale, asking an even higher price.
Wall Street Journal report That Copper Beach Farm in affluent Greenwich, which spans 50 acres and sits about a mile along Long Island Sound, has listed for $150 million. That’s $30 million more than the $120 million the property last sold for in 2014—which, at the time, was the highest price ever paid for a home in the US.
Despite the glory of that 2014 title, the new $150 million price tag — though nothing to sniff at — won’t break a single record should a deep-pocketed buyer claim this spread for that mighty price. In early 2019, billionaire hedge fund titan Ken Griffin bought an apartment 220 Central Park South in Manhattan for about $240 million – a dollar figure that still wears the crown as the record price paid for an American home. (The $150 million ticket price is also $100 million less than the $250 million triplex penthouse at Central Park Tower in Manhattan.) listed for sale in late 2022.)
The owners of this Connecticut offering, meanwhile, are still not known—almost a decade after that record purchase. One of the listing’s representatives, Leslie McElwraith of Sotheby’s International Realty, declined the Journal’s request to comment on the owners, saying only that they are “Connecticutites.” His identity has also reportedly been a “closely guarded secret” within Greenwich, since a 2014 deal with timber magnate John Ruddy. All that exists is an LLC called The Conservation Institute.
Once known as Kincraig, the estate traces its origins to the 1890s and belonged to the Lauder Greenway family. (The Journal noted that Harriet Lauder Greenway’s father helped Andrew Carnegie start the enterprise that later became US Steel.)
The listing includes a French Renaissance-style mansion that clocks in at approximately 13,500 square feet. The recently restored and updated main house has eight bedrooms and nine fireplaces. It’s also four stories tall—and the main rooms have 12-foot-high ceilings. For its part, the living room has French doors that lead to the coffered ceiling sunroom.
Elsewhere, there is a gate house with three bedrooms and a carriage house with two bedrooms and a clock tower. Even more spectacular are two private beaches and a private island on the sound. (The owners’ children have camped there to spend the night.) Perks also include a 75-foot-long heated pool and spa.
The estate is divided into two parts, one with 20 acres and the other with 30 acres. McElwraith, who represents the property in New York with Joseph Barbieri along with Nikki Field, told the outlet that the property could be further divided into 10 or 12 lots — but she believes it’s best sold as a single-family. Chances are high.
Reason for departure? Field told the newspaper that the owners’ children had grown up and moved away.
“No one’s swimming in a 75-foot pool, no one’s paddling on a private island,” she told the Journal. “He enjoyed it.”