260-acre Hillandale estate returns to market asking $49M

Home of late Liberty Travel co-founder asked $95M in 2007

New York /
Jul.July 13, 2020 01:15 PM
The Hillandale estate (Knight Frank)

The Hillandale estate (Knight Frank)

A 260-acre Hillandale estate — complete with private lakes, a hedge maze and land in New York and Connecticut — is on the market asking $49.5 million.

That’s a far cry from the $95 million the property was asking when it first came to market in 2007, the Wall Street Journal reported. Charlene Haroche — the wife of the late Gilbert Haroche, co-founder of Liberty Travel — said she is listing the property because she has other homes in New York and Florida, and does not need the space.

After failing to sell at its initial asking price in 2007, the home was relisted at $75 million in 2015 after Gilbert Harouche’s death at the age of 87, before being removed from the market.

The Haroche family purchased the property in the 1990s. Before that, the Sulzberger family, the longtime publishers of the New York Times, owned the estate. The listing reportedly notes that the current owners invested more than $30 million into the property, and doubled the size of the main house.

The main home spans 17,000 square feet and features period details — including imported marble, limestone, onyx and hand-stained glass — from when the house was built around 1900, during America’s gilded age.

The house includes eight bedrooms, 10 bathrooms and an Olympic-sized indoor pool, while the grounds feature four guesthouses, an outdoor pool, a greenhouse, private lakes, wooded trails, and a hedge maze.

[WSJ] — Orion Jones


Related Articles

arrow_forward_ios
From left: PropTech's Thomas Hennessy and Joseph Beck; Appreciate's Chris Laurence (Appreciate, LinkedIn/Tom Hennessy, LinkedIn/Joseph Beck, iStock)
Single-family rental platform Appreciate to go public in SPAC deal
Single-family rental platform Appreciate to go public in SPAC deal
From left: Douglas Elliman's Scott Durkin, Stephen Kotler and Avi Dan-Goor (Douglas Elliman, iStock)
Douglas Elliman bets on Vegas in westward expansion
Douglas Elliman bets on Vegas in westward expansion
366 State Street and 37 Sidney Place in Brooklyn (Corcoran, Zillow)
Passive house asking $15M tops Brooklyn contracts
Passive house asking $15M tops Brooklyn contracts
100 Eleventh Avenue (iStock, Rhododendrites/CC BY-SA 4.0, via Wikimedia Commons, Illustration by Kevin Cifuentes for The Real Deal)
Lower-end listings dominate Manhattan’s luxury deals
Lower-end listings dominate Manhattan’s luxury deals
Wildfire, Houses
One in five homes facing wildfire risk, report says
One in five homes facing wildfire risk, report says
(Top) 1580 Meadow Lane in Southampton NY and (Bottom) 2056 Montauk Highway in Amagansett NY (Zillow)
A tale of two oceanfront Hamptons homes
A tale of two oceanfront Hamptons homes
More and more homebuyers and investors are coming to the negotiating table with cash in hand. (iStock)
In cities, “starter homes” getting more difficult to find
In cities, “starter homes” getting more difficult to find
A photo illustration of city developers and preservationists arm wrestling (iStock)
Preservationists and developers duel upstate. Wanna guess who’s winning?
Preservationists and developers duel upstate. Wanna guess who’s winning?
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...