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Michele Tesei Of Houlihan Lawrence Represents Sale Of Greenwich Mansion For $43.5M

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SOLD
$43,500,000

Connecticut

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Single Family26,837 SF
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Michele Tesei Of Houlihan Lawrence Represents Sale Of Greenwich Mansion For $43.5M

214 Clapboard Ridge Road

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Single Family26,837 SF
Sold
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Summary

CONNECTICUT
Asset Type:Single Family
Price Per Square Foot:$1620
Total Square Footage:26837 SF
Transaction Type:Sale

A newly built single-family mansion located at 214 Clapboard Ridge Road in Greenwich, CT, has been sold for $43.5 million. The residence spans 26,837 square feet and is notable for its price per square foot of $1,621. This transaction marks the highest sale in Greenwich for the year and the second-highest "off water" sale in the city's history.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $43,500,000
  • Square Footage: 26,837
  • Price Per Square Foot: $1,621
  • Address: 214 Clapboard Ridge Road
  • Market: Greenwich, CT
  • Broker: Michele Tesei - Houlihan Lawrence

The estate was designed by Granoff Architects, with interiors crafted by Korban Studios. It features eight bedrooms, indoor and outdoor pools, a pool house with a yoga studio, a champagne bar, and expansive glass-wrapped living spaces.

Players

Michele Tesei
Houlihan Lawrence
Michele Tesei
1 deal$43.5M volume(203) 536-3352
BROKER
Houlihan Lawrence
Houlihan Lawrence
BROKERAGE

Details

SOLD
IMAGE: Michele Tesei DATE: 08/25/2025 ADDRESS: 214 Clapboard Ridge Road MARKET: Greenwich, CT ASSET TYPE: Single Family BROKER: Michele Tesei (@MicheleTeseiRealEstate) - Houlihan Lawrence (@HoulihanLawrence) SALE PRICE: $43,500,000 SF: 26,837 ~ PPSF: $1,621 NOTE: A newly built 26,837-square-foot mansion on Clapboard Ridge Road in Greenwich sold for $43.5 million, marking the city’s priciest deal this year and its second-highest “off water” sale ever. Designed by Granoff Architects with interiors by Korban Studios, the 8-bedroom estate includes indoor and outdoor pools, a pool house with yoga studio, champagne bar, and expansive glass-wrapped living spaces.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,320,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$154,546.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$206,212.19
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