Private beach estate on Long Island Sound sells for almost $140 million, described as the epitome of waterfront property in Greenwich.

Private beach estate on Long Island Sound sells for almost $140 million, described as the epitome of waterfront property in Greenwich.

The Ultimate Greenwich Waterfront Estate: A Paradise of Luxury and History

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Welcome to the ultimate Greenwich waterfront estate, a property that seamlessly blends luxury, history, and natural beauty. Nestled along the picturesque shores of Long Island Sound, this magnificent estate is a testament to grandeur and elegance.

A Rich Tapestry of History

This estate carries with it a rich historical legacy, dating back to the late 19th century. It was originally owned by a prominent family that played a pivotal role in the establishment of what would ultimately become U.S. Steel. The incredible main house, spanning a staggering 13,500 square feet, boasts eight bedrooms and eight bathrooms. But the opulence doesn’t end there. The estate also features a charming three-bedroom gatehouse and a carriage house complete with a clock tower and two additional bedrooms.

A Paradise of Natural Beauty

Beyond the sheer beauty and grandeur of the architecture, the estate encompasses a mesmerizing landscape that beckons you to immerse yourself in its tranquil ambiance. As you explore the grounds, you will discover a sparkling swimming pool, perfect for a refreshing dip on a warm summer day. A grass tennis court invites you to indulge in a friendly match while reveling in the breathtaking surroundings. And let’s not forget the apple orchard, which adds a touch of rustic charm to this idyllic retreat. Last but not least, the property offers not just one, but two private beaches along the pristine shores of Long Island Sound.

Unprecedented Value in the Greenwich Waterfront

This estate is the pinnacle of Greenwich waterfront real estate, characterized by its expansive acreage and unparalleled shoreline. Leslie McElwreath, the listing agent from Sotheby’s International Realty, remarks on the property’s popularity, stating, “We always have significant demand for Greenwich waterfront.” The estate was listed in February at $150 million, ultimately selling for an impressive $138,830,000. While McElwreath keeps the identities of the buyer and seller confidential, it has been reported by The Wall Street Journal that the seller is a limited liability company connected to Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio.

A Record-Breaking Sale

Not only does this Greenwich waterfront gem boast exceptional beauty, but it also holds the title of the most expensive home ever sold in Connecticut. Reflecting on the property’s historic sale, McElwreath states, “It was when it was last sold, and I can tell you we have not had a sale to exceed it since then.” While she refrains from disclosing its position among the most expensive sales in the United States, she speculates it may well be within the top 20, a truly remarkable feat.

Enveloped in an aura of luxury, history, and natural splendor, the ultimate Greenwich waterfront estate is an embodiment of refined living. Its enduring charm and timeless elegance make it a coveted haven for those seeking a life of opulence. Embrace this extraordinary opportunity to become a part of this storied legacy and bask in the grandeur of this remarkable property.