Former Westchester home of KKR co-founder list for $11M

The Westchester County mansion and working farm that were home to late KKR co-founder Jerome Kohlberg are on the market.

Cabbage Hill Farm at 115 Crow Hill Road in Mount Kisco was listed for $11.5 million, the Wall Street Journal reported. Kohlberg and his wife moved to the property in the 1990s after purchasing it for an undisclosed price. They later added several parcels and made it their primary residence.

Kohlberg, a titan of the leveraged buyout, died at 90 in 2015. His wife, Nancy, died at 92 last year after more than three decades at the estate.

The property spans 200 acres in the upscale Westchester enclave. The mansion is 9,000 square feet, about 100 years old and has five bedrooms. A long driveway takes visitors past a gatehouse.

Features of the mansion include an indoor pool and an indoor tennis court, where Kohlberg frequently played. The estate also has a carriage house with an apartment and a cottage, which has been utilized by the farm manager.

The farm was Nancy’s passion project, inspired by her upbringing in a farming family in upstate New York. She became a leading figure of the farm-to-table movement, even operating a restaurant that featured produce from Cabbage Hill.

Several endangered breeds of livestock, such as Black pigs and Shetland geese, once took up residence at the farm. A greenhouse on the property has a water installation that allows owners to raise tilapia, trout or other fish.

There’s also an old racetrack around a large lake. Both predated the Kohlbergs’ arrival.

Renovations are allowed, but part of the property is protected by a conservation easement. Nancy preferred the home to be sold to a farmer, if possible.

The Kohlnbergs’ estate is the seller. Ginnel Real Estate’s Muffin Dowdle has the listing.

— Holden Walter-Warner