Old Mills Farm Sold After Three Years On The Market

Old Mills Farm, a 75 acre Greenwich estate owned by Mel Gibson was sold in April after spending three years on the market. It was listed originally for $39.5 million back in 2007. The price was later scaled down to $29.75 million. But finally the home was sold for a price of $24 million. Mel Gibson had bought the estate in 1994 for $9.3 million.

Cosette Property LLC are the new owners of the estate according to the town records. It seems to be a front for a buyer who does not want to make his identity public. According to the Greenwich Time the highest priced residential transaction this year in Greenwich was the $31.4 million sale of a mansion on 22 acres at 30  John Street. The buying company lists Tommy Hilfiger as its principal. The property was listed in April for $33 million. Hilfiger had sold another Greenwich home last fall for $20 million. It was listed way back in 2008 for $27.9 million.

The paper has described the Old Mill Farm in detail. Built in 1926 the estate has 75 acres of land. Designed by architect Charles Lewis Bowman for G L Ohrstrom, the Elizabethan inspired tudor mansion has 15 bedrooms and 18 bathrooms. The great hall of the mansion has a cathedral ceiling measuring 40 feet, a stone minstrel’s gallery, walk in fireplace and leaded glass ceilings. The mansion boasts of a terrace pool, tennis courts, greenhouse, stable, staff houses log cabin and apond apart from the landscaped gardens.

Via: Google , Today.msnbc

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