Stamford-Pound Ridge estate for sale again at $50M
STAMFORD — The Hillandale Estate, a stone manor on the Stamford-Pound Ridge, N.Y., border that ranks as one of Connecticut’s most expensive residential listings in recent years, has gone on the market again — this time with a reduced price tag of $49.5 million.
This latest listing for the home, at 1233 Rock Rimmon Road, comes after the approximately 260-acre property had been listed for $75 million in 2015 and then taken off the market, following the death at age 87 of owner Gilbert Haroche, co-founder of travelbooking firm Liberty Travel. It had first listed in 2007 for $95 million, but it did not sell then.
A message left for Douglas Elliman Real Estate, the brokerage listing the property, was not immediately returned.
Built in 1900, Hillandale Estate’s centerpiece is a manor house covering about 17,000 square feet. It houses eight bedrooms, 10 bathrooms, an indoor Olympic-size swimming pool and period details including imported marble, limestone, onyx and hand-stained glass. The house also contains formal living and dining rooms, a cloakroom, library, conservatory and breakfast room.
Hillandale Estate’s grounds also encompass four guest houses, an outdoor pool, a pool house, green house, two horse barns and private lakes, according to the listing.
The home was originally built for the Sulzberger family, who are the longtime publishers of The New York Times.
More than $30 million in improvements — including additions that doubled the size of the manor house — have been made by the current owners, the listing said.
Reflecting a market that has long grappled with sluggish activity, many of the area’s ultra-luxury listings have struggled to attract buyers or have significantly cut their asking prices in recent years.
At 21 Vista Drive in Greenwich, a nearly 6-acre estate overlooking Indian Harbor that was once owned by President Donald Trump is being listed by Sotheby’s International Real Estate for about $35 million. It had previously listed for $45 million and originally for $54 million.
Many real estate brokers, however, are optimistic that New Yorkers’ desire to relocate from the city in response to the coronavirus crisis will spark a resurgence in demand for Connecticut properties.
In May, a home in Greenwich’s Belle Haven neighborhood sold for about $17 million, marking the state’s largest residential transaction of the year.