Greenwich’s historic Copper Beech Farm listed for $150M

A historic Greenwich property that broke a real estate industry record with its sale nine years ago and is believed to be the residence of Connecticut”™s wealthiest couple is back on the market.

The $120 million sale of 499 Indian Field Road, also known as Copper Beech Farm, in 2014 was the highest price at the time for a residential property transaction. The 50.6-acre property is now on the market for $150 million.

The property”™s residence was built in 1898 and covers 13,519 square feet, with eight bedrooms, 10 bathrooms and nine fireplaces. The property also features a 75-foot swimming pool, two greenhouses, a grass tennis court, approximately one mile of a private waterfront and a private offshore island.

The property was originally the home of industrialist John Hamilton Gourlie and was purchased in 1905 by Dr. James C. Greenway and his wife Harriet Lauder Greenway, the niece of Andrew Carnegie. John Rudey, chairman of the U.S. Timberlands Services Co., owned the property when it was last sold in 2014 to a Connecticut-based entity known as The Conservation Institute LLC. However, subsequent research determined that entity is owned by billionaire hedge fund executive Ray Dalio and his wife Barbara. However, the Dalios have never publicly confirmed they own the property.

Photo courtesy of Sotheby’s International