A Look at Greenwich’s Luxury Market
Picture-perfect properties for buyers with budgets between $5 million and $10 million
Greenwich’s residential real estate market is remarkably diverse, from the character of its neighborhoods to the wide array of architectural styles represented. As for home prices, they range widely, too, with properties priced at under $1 million, all the way up to homes valued at tens of millions of dollars. This week, Greenwich Time focuses on a luxury segment of the local real estate market—properties listed for between $5 million and $10 million.
Backcountry compound
The antique, historic-designated 241 Bedford Road in backcountry Greenwich is offered to the market for $5.495 million. Evangela Brock, a Realtor with Douglas Elliman Real Estate, is the listing agent.
“A treasure of beauty, craftsmanship and historical significance, this elegant estate, known as the Levi Ireland House, is a Greenwich home like no other,” Brock said. “A part of the serene landscape for centuries, the four-structure compound sits on 4.3 acres hosting a recently renovated, circa-1835 primary residence; a 1920s-era one-bedroom guest house; a three-bedroom carriage house; and an antique barn that dates to the 1700s. Lovely terraces and a gorgeous glass-bead pool and cabana complete this spectacular and supremely private estate, which offers a peerless backdrop for creating life’s magical moments.”
The antique, restored barn affords the buyer some flexibility; it might be a party barn, a workshop, exercise and yoga studio, or private office, the listing agent suggested.
Brock described the setting for prospective buyers who may not be familiar with what makes backcountry so endearing and compelling: “Dotted with beautiful stone walls,
the exquisite park-like property offers privacy and serenity … just minutes from Greenwich, Armonk, Westchester Airport—and New York City, only an hour away.”
Greenwich Cove Park
“2 Vista Avenue is located in the Old Greenwich section of town,” Alison Farn Leigh introduced the property. She’s a Realtor with Berkshire Hathaway Home Services, New England Properties, and the listing agent for this home. The seller is asking $5.395 million. “It is perfectly situated directly in between the charming shopping village and our beautiful town beach.”
The five-bedroom colonial, with an attached two-car garage, is located in the Greenwich Cove Park community.
“The house and property are oversized for this area, offering a 5,921-square-foot house on a 0.70-acre lot. The lucky homeowner will enjoy the ideal lifestyle that living in Old Greenwich offers and a home with room for everyone,” she concluded.
North Street School district
A classic Georgian colonial, the six-bedroom residence at 15 Parsonage Road is listed for $5.995 million. Realtor Julie Church, with Houlihan Lawrence’s Greenwich brokerage, is the seller’s agent. She described the home as one of exceptional craftsmanship and quality. The location is also sought after, she suggested—close to town, on a flat, 1.01-acre lot.
With 5,934 square feet of living space, the house has generously proportioned rooms, elegant finishes, a walk-out lower level for amenities, and an attached three-car garage.
Church noted that there’s plenty of room to add a pool—permitting required, of course—and that the property accesses all public utilities, which many
buyers appreciate today, particularly those coming from New York City. 15 Parsonage Road is also in the North Street School and Central Middle School district, which buyers find “very desirable,” she added.
Mid-country Greenwich
Susan Calabrese and Laura Calabrese—Realtors with Coldwell Banker Realty—are the listing agents for 682 Lake Ave., Greenwich, a seven-bedroom brick Georgian, built in 2000. The asking price is $5.7 million. “Georgian colonials are extremely popular and rarely available in Greenwich,” Susan Calabrese said. “When they do come on the market, they are often outdated, overgrown and somewhat impractical. This seven-bedroom seven-bath home is the perfect blend of traditional architectural detail, a flexible open floor plan, multiple beautifully landscaped outdoor entertainment spaces, and a separate one-room cottage.”
The 7,198-square-foot interiors have hardwood floors, built-ins, embellished ceilings and custom closets. “There are many practical elements not always present in homes of this style, like the three-car heated garage, a family room with media room capability, two pantries and two master baths. It is a unique opportunity, only minutes from downtown Greenwich but with the feel of a timeless backcountry estate.”
“48 Mayfair Lane is a brick Georgian-style home, situated on a beautiful private lot, defined by mature trees and lovely landscaping created by the renowned Peter Cummin,” according to Francine Ehrlich, senior real estate advisor and partner with the Barre Ehrlich Zuckert Team at Sotheby’s International Realty. The team represents the seller of the five-bedroom home, situated on 2.45 acres.
The 8,766 square feet of
interior space were designed by David Easton.
“It is located at the end of arguably one of the most prominent streets in Greenwich, with homes of character and stature,” Ehrlich added. “Substantially built, 48 Mayfair Lane displays beautiful classic proportion and detail—in public rooms with 10- or 11-foot ceilings, walls of tall windows, elegant fireplaces and symmetrical site lines that create a great sense of comfort and well-being. Every room invites the outside in, bathing the spaces in wonderful light.”
The property, currently listed for $5.6 million, is not just convenient to downtown Greenwich; Westchester is close by, and New York City is within easy reach, too. “With all of this convenience, it is an oasis of calm in a busy world,” Ehrlich concluded.