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William Ziegler's Descendants Sell Massive Waterfront Parcel In Darien, CT For $57.5M

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SOLD
$57,500,000

Connecticut

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Land
Sold 12/28/2023
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Property Image
SOLD

William Ziegler's Descendants Sell Massive Waterfront Parcel In Darien, CT For $57.5M

Long Neck Point Road

See Similar Deals
Land
Sold 12/28/2023
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Summary

CONNECTICUT
Asset Type:Land
Transaction Type:Sale

The Ziegler Farm, a massive waterfront parcel in Darien, Connecticut, has been sold to an undisclosed buyer for a staggering $57.5 million. The farm is situated on Long Neck Point Road and spans an impressive 51 acres, making it a valuable asset in the area.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $57,500,000
  • Address: Long Neck Point Road
  • Market: Darien, CT
  • Acres: 51

The buyer's representative, Kristina Stewart from Outlook Realty, facilitated the acquisition of the Ziegler Farm. On the other side of the deal, Joseph Barbieri and Leslie McElwreath from Sotheby's International Realty represented the sellers. Although the buyer remains undisclosed, this transaction marks a significant deal in the Darien real estate market.

Note: Descendants of industrialist William Ziegler have successfully concluded the sale of the Ziegler Farm, a coveted waterfront property in Darien, Connecticut. The final sale price reached an impressive $57.5 million, highlighting the desirability and value of this exceptional asset.

Players

Leslie McElwreath
2 deals$196.3M volume(917) 539-3654
BROKER


1 deal$57.5M volume(203) 570-5857
BROKER

Details

SOLD
IMAGE: Leslie McElwreath & Kristina Stewart DATE: 12/28/2023 ADDRESS: Long Neck Point Road MARKET: Darien, CT ASSET TYPE: Land ~ ACRES: 51 BUYER'S REP: Kristina Stewart (@KloStewart) - Outlook Realty SELLER'S REP: Joseph Barbieri (@Joseph_Barbieri_Greenwich) & Leslie McElwreath (@SothebysHomesGreenwich) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $57,500,000 NOTE: Descendants of industrialist William Ziegler have sold the Ziegler Farm, a massive waterfront parcel in Darien, Connecticut, to an undisclosed buyer for $57.5 million.

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Debt Service Coverage Ratio (DSCR)

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