April 14, 2014

Christie’s International Real Estate Affilaite Sells Connecticut Estate for $120 Million

GREENWICH, CT – When Copper Beech Farm hit the market last spring, asking $190 million, people across the nation noted that while the property was the most expensive single-family home ever to hit the American market, it wouldn’t necessarily close at a nine-figure sum. But it did. The 51-acre property and mansion (which can be viewed here) on the Greenwich waterfront, once home to the Lauder-Greenway family, was purchased by the Conservation Institute LLC on Friday at a final price of $120 million. That figure easily makes the sale the most expensive residential transaction in the town’s history, more than doubling the $45 million paid for the 80-acre mid-century horse farm at 25 Lower Cross Road in 2004. Like Copper Beech Farm, that...

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