The most expensive property in a Connecticut town nicknamed “Billionaire Town” has hit the market for $49.5 million.
Greenwich, Connecticut, is home to several billionaires and has a median income of more than $700,000 and a median home price of $2.3 million, according to The ten best real estate offers.
And if you have 25 times that amount of cash, a Georgian Colonial-style mansion can be yours for $49.5 million.
Listed by Jennifer Leahy of Douglas Elliman, the estate sits on 1.6 waterfront acres along Long Island Sound on Indian Field Road. His seller is former Cantor Fitzgerald dealer Chris Cercy, who lived on the property with his wife Leason.
“This is a house you want to be in; it lends itself to just relaxing; you have a beautiful life on the water,” Leahy said. global mansion.
A Georgian Colonial-style mansion has hit the market for $49.5 million, making it the most expensive home in Greenwich, Connecticut.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 7 The stunning stone property was purchased in 2012 for around a fifth of its current price by Cantor Fitzgerald dealer Chris Cercy and his wife Leason.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312245_918_Here-is-the-most-expensive-house-in-the-city-of.jpg)
The stunning stone property was purchased in 2012 for around a fifth of its current price by Cantor Fitzgerald dealer Chris Cercy and his wife Leason.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 9 Listed by Jennifer Leahy of Douglas Elliman, the property sits on 1.6 waterfront acres along Long Island Sound on Indian Field Road.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312246_29_Here-is-the-most-expensive-house-in-the-city-of.jpg)
Listed by Jennifer Leahy of Douglas Elliman, the property sits on 1.6 waterfront acres along Long Island Sound on Indian Field Road.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 11 Outside, there is a pool, dock, beach, cove for swimming and other water activities such as kayaking or fishing.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312246_9_Here-is-the-most-expensive-house-in-the-city-of.jpg)
Outside, there is a pool, dock, beach, cove for swimming and other water activities such as kayaking or fishing.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 13 The sellers undertook a comprehensive renovation and added approximately 3,500 square feet to the original structure in 2014.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312246_895_Here-is-the-most-expensive-house-in-the-city-of.jpg)
The sellers undertook a comprehensive renovation and added approximately 3,500 square feet to the original structure in 2014.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 15 Inside the 12,492-square-foot home is a massive kitchen with a center island.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312247_735_Here-is-the-most-expensive-house-in-the-city-of.jpg)
Inside the 12,492-square-foot home is a massive kitchen with a center island.
“Not only is the wildlife amazing, but the beautiful thing about Mead Point is that it’s a little further from the highway, so you have this very peaceful place.”
“You’re watching the migration of animals, you’re watching the ospreys hunt in the summer, you’re watching the crabs come ashore,” he said.
Listing records show the sellers bought the home in 2012 for $10.6 million. They undertook a comprehensive renovation and added approximately 3,500 square feet to the original structure in 2014.
“Everything is new,” Leahy said. “Everything that honors the past is honoring the past, it is not the past.”
“(The sellers had) fun with some colors and some accent choices, allowing the house, even though it’s formal, to be very warm,” he said.
Inside the 12,492-square-foot home are six bedrooms, six full bathrooms and two half-bathrooms.
The master suite has two walk-in closets, a sitting area, a spa-like bathroom with a sauna, and an oversized balcony with water views.
There’s a huge kitchen with a center island, a great room with palm trees painted on the walls, a wood-paneled den, an office and a gym.
Outside, there is a pool, dock, beach, cove for swimming and other water activities such as kayaking or fishing.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 17 The great room has palm trees painted on the walls and views of Long Island Sound.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312247_135_Here-is-the-most-expensive-house-in-the-city-of.jpg)
The great room has palm trees painted on the walls and views of Long Island Sound.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 19 There are six bedrooms, six full bathrooms, two half bathrooms, and a home office (pictured)](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312247_799_Here-is-the-most-expensive-house-in-the-city-of.jpg)
There are six bedrooms, six full bathrooms, two half bathrooms, and a home office (pictured)
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 21 Inside the estate there is a wood paneled living room.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312247_238_Here-is-the-most-expensive-house-in-the-city-of.jpg)
Inside the estate there is a wood paneled living room.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 23 The master suite has two walk-in closets and a sitting area.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312248_850_Here-is-the-most-expensive-house-in-the-city-of.jpg)
The master suite has two walk-in closets and a sitting area.
![Here is the most expensive house in 'the city of billionaires': a $49.5 million property hits the market 25 There is a spa-like bathroom with a sauna and an oversized balcony overlooking the water in the master suite.](https://whatsnew2day.com/wp-content/uploads/2024/05/1716312248_619_Here-is-the-most-expensive-house-in-the-city-of.jpg)
There is a spa-like bathroom with a sauna and an oversized balcony overlooking the water in the master suite.
In March, a megamansion in the same neighborhood owned by a billionaire mogul who helped launch the Gray Goose vodka brand was listed for sale for $28.5 million.
The 17,878-square-foot home has 10 bedrooms, 16 bathrooms and five half-bathrooms.
The Georgian mansion, listed by Rob Johnson of Brown Harris Stevens, also includes a library, gym, children’s playroom, wine cellar, golf simulator room, laundry, two swimming pools (one for adults and one for children), a hot tub whirlpool, and garage for 30 cars.
Originally owned by John Frank, nephew of Sidney Frank, the man who created the beloved alcoholic beverage and former vice president of the company, it is now for sale and is fit for a king or queen.