Real Estate
9:29 am
Wed April 16, 2014

Sale in Greenwich of What May Be the Most Expensive Single-Family Home in U.S.

The Copper Beech Farm in Greenwich.
The Copper Beech Farm in Greenwich.
Credit realtor.com

When the Copper Beech Farm in Greenwich went on the market last spring at an asking price of $190 million dollars, it was the most expensive single-family home ever to hit the American market. Many people thought it wouldn’t close at nine figures. But it has.

The Greenwich Time reported that the 51-acre property and mansion on the waterfront, once home to the Lauder-Greenway family, was purchased by The Conservation Institute, LLC on Friday at a final sale price of $120 million.

The Copper Beech Farm in Greenwich.
The Copper Beech Farm in Greenwich.
Credit realtor.com

That figure easily makes the sale the most expensive residential transaction in the history of Greenwich and most expensive single family home sold in the U.S.,  according to Realtor David Ogilvy, who listed the property. Ogilvy said the next most-expensive residential property in the U.S. sold in California for $117 million.