A 63-acre island estate that went on sale this week for the first time in over a century includes a stone mansion, a 21-stall horse stable and a natural cove that can shelter boats in stormy weather.
It also has an asking price of $175 million, which industry experts say would easily break a record for the most ever paid for a residential property in the United States.
Since around 1900 the property in Darien, Connecticut, has belonged to the family and descendants of William Ziegler, an industrialist who made his fortune in baking powder. The family decided to sell the estate, known as Great Island, as younger generations have moved on and the main house has not been occupied for some time, according to David Ogilvy, the listing agent.
The record for the most expensive American home was set by a property that sold in 2014 in New York’s Hamptons for $147 million, according to Jonathan Miller, president of Miller Samuel Real Estate Appraisers & Consultants, who also tracks luxury home sales as a hobby.
