Connecticut castle sells for more than $10M in all-cash deal
This royal deed has been handed to a brand new inheritor obvious.
A bona fide palace in Greenwich, Connecticut, has discovered a purchaser. The 100-plus-year-old fortress bought for greater than $10 million in an all-cash deal after 4 months with its present itemizing brokerage — and years after being on and off the market with numerous others. It was final listed for $10.39 million.
“There aren’t any houses of this measurement and grandeur positioned inside a 5-minute drive to downtown Greenwich and a mere 45 minutes from Manhattan,” Douglas Elliman itemizing agent Stephanie Bo Li, who represented each side of the deal, informed The Submit of 17 Hemlock Drive in April, at which period it sought $11.8 million. In keeping with Li, the 14-bedroom property is “the most important citadel in Greenwich” and “in contrast to most different castles which have darkish small rooms or a medieval-feel to its inside, Hemlock options magnificent-sized rooms and floor-to-ceiling home windows that fill the house with pure mild.”
Resulting from an NDA, Douglas Elliman couldn’t reveal the brand new purchaser. Its former proprietor, a Ms. Fong, bought the property in 2017 and bought it to relocate nearer to her kids, who’re shifting away for varsity. Amongst her favourite options of chateau life was its built-in insulation: The stone construction retains heat within the winter and a coolness in the summertime, she beforehand informed The Submit by Li.
In-built 1913, the 17-bathroom compound was initially known as the Freestone Citadel and was constructed by the distinguished architect James C. Inexperienced and Israel Putnam, a direct descendant of a Revolutionary Conflict common of the identical title. He was recognized for using by the streets of Greenwich to warn residents of the Brits’ impending assault. Over the years, its house owners have included Harry H. Frazee, the previous Boston Pink Sox proprietor recognized for buying and selling Babe Ruth to the Yankees.
The royalty-worthy home is positioned on a sequestered crest and consists of each old-world character together with ornate wooden and stone craftsmanship, and trendy comforts, together with a health club with “deluxe aerial yoga hammock,” eight fireplaces, a stone veranda with a built-in grill and a screening room. Set on 4.18 acres of “park-like grounds,” the principle residence measures 13,500 sq. toes. There may be additionally a carriage home and a employees condo — every 3,400 sq. toes — on the property.