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$14.9 million palatial estate priced to interrupt an area record in CT

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Hidden behind a stone wall spanning 1,500 feet in considered one of Connecticut’s wealthiest neighborhoods is a palatial estate with a terrific room inspired by a Scottish castle. The brick-and-limestone residence, inbuilt 1929, is the costliest home on the market in Latest Canaan with a $14.9 million price tag.

Prices in the rich enclave, about 40 miles northeast of Latest York City, have been on a gentle an increase, in keeping with an evaluation by Jonathan Miller, president of real estate appraisal and consulting firm Miller Samuel. Still, the estate’s price tag is greater than seven times the $1.9 million average Latest Canaan sale price within the second quarter, in keeping with real estate firm Douglas Elliman.

The private drive results in lush landscaping and a fountain at the house’s most important entry.

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The parlor of the most important residence.

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Listing agent Danielle Malloy, of NestSeekers International, told CNBC the neighborhood attracts high-level executives and that she’s confident the property’s sale price will smash the local record. That was set in 2014, when a 14,000-square-foot mansion on 52 acres sold for $14.3 million, in keeping with public records.

“It is the crown jewel of Latest Canaan built with the very best quality materials that you could’t find today,” said Malloy, “There’s nothing else prefer it.”

The Gallery Hall is encased in iron-framed windows with limestone partitions and floors fabricated from Tunisian marble.

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Orchard’s End sits on a smaller lot than the mansion that set the present record, but delivers more living space. The meticulously manicured property spans over 6.2 acres and includes 25,000 square feet across three structures. The residence boasts 35 rooms, 12 bedrooms, 16 baths, a resort-sized pool and outdoor basket ball court.

Back lawn view and pool area.

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Malloy told CNBC the estate has undergone changes over the many years, with past owners making significant upgrades and dramatic expansions. The most important residence, originally designed by acclaimed architect William Tubby, has greater than doubled in size and currently spans 18,000 square feet.

The Great Room takes inspiration from a Scottish Castle.

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The house also now includes a terrific room inspired by Duart Castle, which is situated on Scotland’s Isle of Mull and was featured within the 1999 movie “Entrapment” starring Sean Connery and Catherine Zeta-Jones.

The view from the mezzanine balcony within the Great Room.

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The space has exposed beams that crisscross the 35-foot high ceiling, heated Tunisian marble floors, steel-framed windows and a mezzanine balcony.

A portion of the estate’s seven-foot stone wall that spans 1,500 feet.

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“The mayor of Mexico City bought the property within the 80s and he built considered one of the biggest stone mortar-less partitions.”

Malloy said the mayor constructed the stone barrier across the property that is 7-feet high and 1,500-feet long for a further layer of privacy and security.

A circular staircase results in the highest of the house’s windowed turret.

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More recently, the estate’s current owners undertook a three-year, $6 million renovation that added much more living space, including a four-bedroom guest house, and the conversion of the estate’s old horse stables right into a 5,000-square-foot carriage house.

The outside view of the old horse stables recently converted right into a 5,000 sq ft wellness area.

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This newly renovated area includes what Malloy said the owner’s call a “she shed” − a female version of a person cave.

The lounge and bar area contained in the so-called She Shed.

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The so-called shed is a wellness-themed lounge area with its own tea and juice bar with seating for seven.

The old horse stables now house an expansive yoga studio.

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The shed is connected to a large yoga studio, weight-training gym and sauna.

The newest owner’s round of additives also delivered a newly constructed kitchen, a good greater primary bedroom suite and closet.

Primary bedroom

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The first bedroom’s ensuite bath.

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The third level can be dedicated to children, with a big game room, one other gym and a bunk room for sleepovers that sleeps six.

The most important residence’s second floor game room.

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An inner courtyard and dining area from above.

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In line with Miller, the common price per square foot within the neighborhood hit $546 within the second quarter, up almost 22% from a yr ago. Orchard’s End’s list price puts the estate at just below $600 per square foot.

Real estate taxes on the property, which first hit the market in early 2022 at $16.9M, are about $86,000 a yr, Malloy said.

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