Paul Simon’s Connecticut estate is on the market for $14M
That’s 16% less than what the musician paid for it in 2002
Just don’t call Paul Simon a boy in a bubble.
The singer has put his Connecticut estate on the market, and is willing to take a loss.
The New Canaan property is asking $13.9 million — 16 percent less than what Simon paid for the property in 2002, the Wall Street Journal reported.
William Pitt Sotheby’s International Realty’s Leslie Razook, who is listing the property with fellow agent Anne Krieger, said that the pricing was reflective of the softness in the area’s real estate market.
The number of sales in Fairfield County dipped 2.6 percent in the first quarter versus a year earlier to 1,968 deals, according to Douglas Elliman. At the same time, the median sales price fell 6.6 percent to $359,450.
The estate spans about 32 acres — with landscaped grounds that include a brook, meadows, a pond and waterfalls. It also features walled gardens and a courtyard. Plus, the home comes with its own recording studio. Simon and his wife, singer-songwriter Edie Brickell, are selling the property now that their three children have moved out.
“The first thing we thought when we moved from Manhattan was ‘Wow! We have our own park’,” said Simon in a statement. “It took half an hour to walk a loop of the property with the dogs.” The recording studio, where he recorded his last four albums, is a “peaceful space”, he said.
The main house is about 8,500 square feet and dates back to the 1930s. It has six bedrooms and multiple libraries. The recording studio is in a separate cottage, which has two bedrooms. The property also has a three-car garage.
Simon rose to fame as half of the duo that made up Simon & Garfunkel. His solo hits include “You Can Call Me Al.” [WSJ] — Meenal Vamburkar