Foreign Property News | Posted by Shwe Zin Win
A sprawling 320-acre estate with an idyllic backdrop in western Connecticut, including a house built in 1820, was listed Friday for $16 million.
The Greyledge Estate spans across the Connecticut counties of Bridgewater and Roxbury and contains a historical main house, several elevated build sites and over 100 acres of farm fields over eight parcels.
“This property is a fantasy property in a way,” said Jeffrey Phillips of Mark Madonna & Phillips Real Estate Group at Sotheby’s Realty. “There is a hunting preserve, a pond for fishing, a place for riding horses. It has so much diversity.”
For owner Thomas (Terry) Fitzgerald, founder and managing partner of New York-based hedge fund Longbow Capital Partners, the main motivation for his purchase in 1993 was to create an alternative for his then-young family from the bustling city life.
He added adjacent parcels over the next 15 years and spent around $8 million on the renovation, he said.
The main house, in fact, comprises two separate houses: the Bridgewater House, which was built in 1820, and the Roxbury House, a 1789 former tavern that was relocated from a Roxbury estate in the 1940s.
The family later added an 1,800-square-foot pool house with two bedrooms for weekend guests, according to the listing.
With 10,000 square feet of interior space, the main residence is comprised of 10 bedrooms, multiple living rooms, two outdoor terraces, a library, nine fireplaces, a chef’s kitchen, and a dining room that can accommodate dinner parties for 24 people, the listing says.
Ref: Property Report
