Ray Dalio Sells Copper Beech Farm In Greenwich, CT For Record $138.8M
499 Indian Field Rd Greenwich, CT 06830, USA
$138,800,000
$10,267/SF
Building Size
13,519 SF
Asset Type
Farm
Closing
Aug 3, 2023
AI
Copper Beech Farm in Greenwich, Connecticut has been sold for a record-breaking $138.8 million. This sale sets a new milestone as the most expensive home sale ever recorded in the state. Situated on 50.6 acres of land, this exceptional farm property offers a unique opportunity for its new owner.
Summary of transaction details
- Property Type: Farm
- Transaction Amount: $138,800,000
- Market: Greenwich, CT
- Address: 499 Indian Field Road
- Seller: Ray Dalio
- Brokers: Joseph Barbieri, Leslie McElwreath, and Nikki Field - Sotheby's International Realty
- Total Acres: 50.6
Ray Dalio, the seller of Copper Beech Farm, enlisted the expertise of a team of brokers from Sotheby's International Realty to oversee this historic transaction. Led by Joseph Barbieri, Leslie McElwreath, and Nikki Field, the seasoned brokers worked diligently to secure this remarkable sale. The transaction not only represents a significant achievement for the sellers and brokers involved but also highlights the desirability and value of properties in the Greenwich, CT market.
Players
Greenwich Farm Market Snapshot
Boundary boundary · Farm · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93