Hot Property in Greenwich: Bethenny Frankel's Applejack Farm Finds a Buyer
Real Estate Transaction: Bethenny Frankel offloads her refurbished Connecticut abode for approximately $7.8 million.
Greenwich, Connecticut is where the crème de la crème of real estate resides, and one such property is the iconic "Applejack Farm," the former residence of Bethenny Frankel. This 3-acre estate, nestled in Greenwich's wealthy heartland, has recently changed hands for a cool $7.825 million.
The businesswoman turned real estate magnate, popularly known from her stint on "Real Housewives of New York" and Skinnygirl brand deegrees, chose Jeff Jackson of Corcoran Centric Realty to represent her in the deal. On the buyer's side, the esteemed duo of Martha Jeffrey and Anne Oglivy from Sotheby's International Realty orchestrated the purchase.
The buyer was able to acquire not just the main house, but also a charming guest cottage. The main residence flaunts five bedrooms, six full bathrooms, and two half-baths. The spacious kitchen, equipped with top-of-the-line La Cornue appliances, is sure to delight aspiring chefs.
A formal sitting room, boasting wood-paneled walls and a striking fireplace, tantalizes visitors with its classic elegance. Beamed ceilings, ornate molding, a media room, bar, and gym can be found throughout the house. The guest cottage offers two bedrooms, two full bathrooms, and one half-bath, providing comfortable accommodations for guests.
Applejack Farm boasts a "party barn" for entertaining, beautifully landscaped lawns, mature specimen trees, and a covers porches for relaxing and entertaining outdoors. This picturesque estate dates back to 1743 and underwent a redesign during Frankel's ownership, while preserving its historical elements, according to Architectural Digest.
Greenwich, located in the southwestern part of Connecticut, is no stranger to high-priced real estate. With a median home price of $1.8 million in May, it continues to lure affluent homebuyers with its charm and luxury appeal, according to industry data.
Frankel, now the proud owner of properties in Hamptons, New York City, Miami, and Florida, had a profound emotional connection to the Greenwich estate, pouring her heart into transforming it into a family retreat, as she told the New York Post.
The real estate landscape in Greenwich fluctuates, with some properties selling briskly and others lingering on the market. At the highest end of the market, like Frankel's estate, demand continues to exceed supply, keeping green-eyed monster of aspiring homebuyers at bay.
- The sale of Bethenny Frankel's Applejack Farm, a prestigious real estate in Greenwich, Connecticut, signifies a significant transaction in the world of celebrity-owned properties.
- The intersection of real estate, finance, and lifestyle can be seen in the purchase of Applejack Farm, as Jeff Jackson of Corcoran Centric Realty and the Sotheby's International Realty team of Martha Jeffrey and Anne Oglivy facilitated the deal.
- Home-and-garden enthusiasts might appreciate the main residence's spacious kitchen, equipped with top-of-the-line appliances, and the charming guest cottage, part of the Applejack Farm estate.
- The famous farm, known for its party barn, beautifully landscaped grounds, and historical charm, serves as a prime example of Greenwich's continuing appeal in the personal-finance and real-estate sectors, with its median home price reaching $1.8 million.
