Halstead Property has announced the sale of New Canaan’s historic Dana House, a 9-acre estate, for more than $5 million.
Jaime Sneddon, principal of the Sneddon Team at Halstead Property’s New Canaan office, and Jack Horstmeyer, member of the Sneddon Team, brokered the deal.
“It’s taken the collaboration of many people to see this deal come to fruition,” Horstmeyer said. “We’re thrilled that all the moving parts could be brought together and that there are a number of happy clients and citizens of New Canaan.”
The New York metro area luxury real estate firm sold the entire estate, partitioned into three area parcels with the mid-century home on one of them, for $5.09 million to an unspecified development company.
The agents then found buyers for the home, which was sold for $2.215 million while the two other parcels sold at $1.45 million and $1.65 million – with plans for the development company to build multimillion-dollar custom homes on both parcels, according to Halstead.
The Dana House, a midcentury modern home, was built by Ulrich Franzen in 1964 as a “pavilion house” and is more than 5,500 square feet. Sneddon and Horstmeyer in the announcement said they intended to preserve the home, bring in a responsible development group and enrich the community’s natural surroundings by creating areas for walking trails within the properties that lead to Irwin Park in New Canaan.
“It’s about responsible development, the preservation of the Dana House (an iconic midcentury modern) and the enhancement of our town by allowing for walking trails through the properties, connecting the Nature Center to Irwin Park,” Sneddon said.