Home ECONOMY Connecticut castle sells for more than $10M in all-cash deal

Connecticut castle sells for more than $10M in all-cash deal

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This royal deed has been passed to a new heir apparent.

A bona fide palace in Greenwich, Connecticut, has found a buyer. The 100-plus-year-old fortress sold for more than $10 million in an all-cash deal after four months with its current listing brokerage — and years after being on and off the market with various others. It was last listed for $10.39 million.

“There are no homes of this size and grandeur located within a 5-minute drive to downtown Greenwich and a mere 45 minutes from Manhattan,” Douglas Elliman listing agent Stephanie Bo Li, who represented both sides of the deal, told The Post of 17 Hemlock Drive in April, at which time it sought $11.8 million. According to Li, the 14-bedroom estate is “the largest castle in Greenwich” and “unlike most other castles that have dark small rooms or a medieval-feel to its interior, Hemlock features magnificent-sized rooms and floor-to-ceiling windows that fill the home with natural light.”

The estate has 14 bedrooms in total.
Greenwich Castle sells all cash
One of numerous entertaining areas.
Greenwich Castle sells all cash
The property is set on 4.18 acres.
A regal fireplace.
A regal fireplace.
Greenwich Castle sells all cash
The main residence measures in at 13,500 square feet.
Greenwich Castle sells all cash
The home has been on and off the market for years.
Greenwich Castle sells all cash
A formal dining area.
Greenwich Castle sells all cash
The compound was constructed in 1913.
Greenwich Castle sells all cash
An aerial view of the property.

Due to an NDA, Douglas Elliman could not reveal the new buyer. Its former owner, a Ms. Fong, purchased the property in 2017 and sold it to relocate closer to her children, who are moving away for school. Among her favorite features of castle life was its built-in insulation: The stone structure retains warmth in the winter and a coolness in the summer, she previously told The Post through Li.

Built in 1913, the 17-bathroom compound was originally called the Freestone Castle and was constructed by the prominent architect James C. Green and Israel Putnam, a direct descendant of a Revolutionary War general of the same name. He was known for riding through the streets of Greenwich to warn residents of the Brits’ impending attack. Over the years, its owners have included Harry H. Frazee, the former Boston Red Sox owner known for trading Babe Ruth to the Yankees.

The royalty-worthy house is located on a sequestered crest and includes both old-world character including ornate wood and stone craftsmanship, and modern comforts, including a gym with “deluxe aerial yoga hammock,” eight fireplaces, a stone veranda with a built- in grill and a screening room. Set on 4.18 acres of “park-like grounds,” the main residence measures 13,500 square feet. There is also a carriage house and a staff apartment — each 3,400 square feet — on the property.

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