Once listed at $30M, Chappaqua estate heads to bankruptcy auction

New York /
Apr.April 18, 2019 05:45 PM

A bankruptcy auction will be held on May 11 for a Georgian-style stone mansion in Chappaqua, Mansion Global reported. The 86-acre estate first hit the market seeking $30 million in 2010, but then saw its asking price reduced several times. The 19,000-square-foot home designed by architect Boris Baranovich took a price cut to $19.9 million in 2014, according to a Curbed report at the time. Earlier this year, property records show that the home at 48 Haights Road had its price trimmed again, to $13.75 million. Mansion Global reported that the home was built in 2004 by Stewart Dauman, a former CEO of Vision Financial Corporation, and his wife, Debra. The couple could not be reached by the outlet for comment. Elite Auctions is handling the potential sale of the mansion, which has six bedrooms, seven bathrooms, three half-baths, an indoor basketball court, gym and a billiards room that also serves as a home theater. If there is a sale, a bankruptcy court is scheduled to approve a deal on June 10, according to Elite Auctions. [Mansion Global]


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