Owned by the family of William Ziegler.
A 63-acre island estate in Darien, Connecticut is going on the market for sale at an asking price of $175 million.
The Wall Street Journal reported that if the property sells for anywhere near its asking price, it may set a new record for the most expensive residential property in the US.
The record is currently held by the sale of a home in New York’s Hamptons for $147 million in 2014.
According to listing agent David Ogilvy of David Ogilvy & Associates Realtors, the property located in the suburbs of Darien is the most highly priced residential property in the market.
The property includes a stone mansion, additional homes, a private beach, and a dock. The main house has six bedrooms and facilities for servants. It was built in the 1900s.
“The half-mile driveway leads through open lawns with an allée of trees bordered by meadows and board fences past the polo field and the workout track toward the main house, located in the most amazing setting, surrounded by Long Island Sound with a charming lighthouse in the distance and next to a hidden cove for a secluded anchorage and a secure place for boats, even in a major storm,” the listing writes.
The equestrian facilities of the property include a 21-stall horse stable. It also has a polo field, a caretaker’s house with a greenhouse, a yacht basin with docks, a gatehouse, horse facilities and a cow barn.
The property is under the ownership of descendants of William Ziegler, an industrialist who bought it in the 1900s. Ziegler, who made his fortune in baking powder business, used the mansion as a summer house.
The family decided to sell the property because of the shifting of the next generation to different places.