Connecticut horse farm lists for $15M

There’s an equestrian farm on the market in Connecticut for those feeling inspired to own horses after the Kentucky Derby.

RedGate farm at 7 Equestrian Ridge in Newtown was listed for $15 million, CT Insider reported. The listing is one of the most expensive in the state, excluding lower Fairfield County.

While the home is at 7 Equestrian Ridge, much of the farm runs along Poverty Hollow Road, east of a state park. The farm includes paddocks, ponds, barns with 60 stalls, horse treadmills and an indoor riding ring. The property stretches across 54 acres, though the main home takes up a mere 9,000 square feet.

Bruce and Kimberly Travis bought the existing riding farm more than 20 years ago, investing millions into the property. Bruce was once president of Duracell’s North American operations and created The White Rain Company, which changed hands multiple times before selling to International Wholesale two years ago.

RedGate is a prominent training ground for equestrian athletes. Trainers include Leslie Howard, a member of the gold medal-winning U.S. equestrian team at the 1984 Summer Olympics in Los Angeles.

Sotheby’s International Realty’s Krissy Blake holds the listing.

Horse farms seem to be having a moment, at least for the specific subset of buyers interested in such properties. Just last month, Ridgefield’s Double H Farm in Connecticut sold for $24 million, marking the state’s priciest sale this year. Another equestrian farm in the state, the 230-acre Warren’s Lost Acre Farm, is on the market for $16 million.

Neither asking price comes close to matching the most expensive in the region. That distinction belongs to the 215-acre Sunnyfield Farm in Bedford, New York, initially listed for $65 million. Since then, the asking price has nearly been slashed in half, down to $39 million.

— Holden Walter-Warner