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A historic Gold Coast estate in Old Westbury sold for $21 million Monday in Nassau County’s largest listed sale of the year so far.
The 15-bedroom Georgian-style estate, known as ‘Erchless’, was completed in 1935. It includes four greenhouses and several other buildings on the 92.7-hectare estate, previously Newsday reported.
The property offered the rare combination of an abundance of land with space for horses within 45 minutes of Manhattan and close to cultural institutions and shopping, said Lois Kirschenbaum, an associate broker at Daniel Gale Sotheby’s International Realty, which marketed the property.
“There are no large estates like this close to the city,” she said.
The house was owned by the Phipps family, who acquired the land in 1901. Howard Phipps, a philanthropist and horticulturist, lived there with his wife Harriet until his death in 1981. Phipps’ father, Henry Phipps Jr., was a business owner. partner of steel magnate Andrew Carnegie.
The family’s horticultural heritage is reflected in the estate’s award-winning gardens. According to the real estate listing, the property has a stable with a pasture and various barns.
The house has a heated pool with two pagoda-style cabanas. There is also a supervisor’s house and a driver’s house with garage on the site, according to the advertisement. Inside there are modern amenities such as central air conditioning and an elevator. The home has an attached four-car garage.
The estate was last listed at $23 million.
Maria Babaev, an associate broker at Douglas Elliman Real Estate, brought along the buyer.
The second most expensive deal this year was the almost Sale of $12.7 million of Fox News hosts Sean Hannity’s waterfront home on Center Island, according to sales data from OneKey MLS. That data only includes homes that were on the public list.
With Rachel Weiss
Check back for updates on this developing story.
A historic Gold Coast estate in Old Westbury sold for $21 million Monday in Nassau County’s largest listed sale of the year so far.
The 15-bedroom Georgian-style estate, known as ‘Erchless’, was completed in 1935. It includes four greenhouses and several other buildings on the 92.7-hectare estate, previously Newsday reported.
The property offered the rare combination of an abundance of land with space for horses within 45 minutes of Manhattan and close to cultural institutions and shopping, said Lois Kirschenbaum, an associate broker at Daniel Gale Sotheby’s International Realty, which marketed the property.
“There are no large estates like this close to the city,” she said.
The house was owned by the Phipps family, who acquired the land in 1901. Howard Phipps, a philanthropist and horticulturist, lived there with his wife Harriet until his death in 1981. Phipps’ father, Henry Phipps Jr., was a business owner. partner of steel magnate Andrew Carnegie.
The family’s horticultural heritage is reflected in the estate’s award-winning gardens. According to the real estate listing, the property has a stable with a pasture and various barns.
The house has a heated pool with two pagoda-style cabanas. There is also a supervisor’s house and a driver’s house with garage on the site, according to the advertisement. Inside there are modern amenities such as central air conditioning and an elevator. The home has an attached four-car garage.
Maria Babaev, an associate broker at Douglas Elliman Real Estate, brought along the buyer.
The second most expensive deal this year was the almost Sale of $12.7 million of Fox News hosts Sean Hannity’s waterfront home on Center Island, according to sales data from OneKey MLS. That data only includes homes that were on the public list.
Check back for updates on this developing story.
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