Financier lists $55M Greenwich estate as he flees to Florida

Compound has 340-foot private coastline overlooking Long Island Sound

Tremblant Capital Group CEO Brett Barakett. (Ivey, Redfin)
Tremblant Capital Group CEO Brett Barakett. (Ivey, Redfin)

A waterfront mansion in Greenwich, Connecticut built on land once owned by IBM president Thomas J. Watson has hit the market for $55 million, according to the Wall Street Journal. That makes it one of the most expensive properties for sale in the tony Connecticut town.

The sellers are Tremblant Capital founder Brett Barakett and his wife Meghan, who are joining a growing group of wealthy Northeast residents who are fleeing to tax-friendly Florida. Tommy Hilfiger sold his own Greenwich estate for $45 million in January after a move to the Sunshine State.

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The Baraketts bought the land in 2005 from Watson’s widow, Olive Watson. They demolished a home built in the 1950s and built a much larger mansion there.

The 2.5-acre property includes 340 feet of frontage on Long Island Sound, a stone jetty and a deep-water dock. [WSJ] — Dennis Lynch