A home fit for Gatsby! Descendants of baking powder tycoon William Ziegler list private island estate for $175million
Great Island in Darien, Connecticut is currently for sale with an asking price of $175million
If it sells for that price, it will set a new record for most expensive residential property sold in the U.S.
The private island estate is owned by the descendants of William Ziegler, a baking powder tycoon who died in 1905
Zieglar purchased the 63-acre estate in 1902 and it has stayed in his family
The main house has six bedrooms, all with views of Long Island Sound, and there are also guest cottages and expansive horse training facilities
The descendants of baking powder tycoon William Ziegler are putting their family’s private estate on the market for the first time in more than a century.
Great Island was purchased by Zieglar in 1902 and the Connecticut estate has stayed in his family ever since.
Agent David Ogilvy of David Ogilvy & Associates Realtors says in the listing that the current generation has moved to different parts of the country, and no longer use the home bought by their patriarch as a summer retreat.
If Great Island sells for anywhere close to the $175million asking price, it will be the most expensive residential property every sold in the U.S.
The current record is held by a home in the nearby Hamptons which sold for $147million in 2014.
Great Island is a 63-acre estate located on the Long Island Sound in Darien, Connecticut, about 50 miles from New York City, and is accessed by a man-made lang bridge.
The stone-and-tile main house was built in the early 1900s and was originally named Villa Juliette. There are six bedrooms in the house with views of the Long Island Sound, plus extra wings for staff and guest cottages.
Zieglar bought the island in 1902 and used it as a summer home. He died there in May of 1905.
His granddaughter Helen married Olympic show jumper William Steinkraus, which explains the estate’s expansive horse training facilities. She died in 2012.
The property includes a 20-stall granite stable with an arched tile ceiling similar to the ones in Grand Central Terminal. There are also areas for horse jumping, exercising and dressage.
The property also includes a private beach and dock, as well as a boat house.