Gold Coast mansion with Carnegie past hits market for $23M

The Gold Coast doesn’t have the same luster as when the titans of industry lived there, but 16,000 square feet of opulence surrounded by manicured grounds and 92 acres still count for something.

Perhaps $23 million, if the seller of one Old Westbury estate gets his asking price.

Howard Phipps Jr., a descendant of Carnegie Steel partner Henry Phipps Jr., has listed his property at 75 Post Road, Mansion Global reported. The main home has been in his family since it was built nearly a century ago.

The estate, dubbed Erchless, includes the 16,000-square-foot mansion, four greenhouses, a four-stall carriage barn with loft bedrooms, a four-stall cow barn with a 17th century cellar, a super’s house and a chauffeur’s house.

The home is in a U-shape, in the Georgian Colonial style, and has seven large bedrooms — all with en suite bathrooms — and eight smaller bedrooms designed for staff. There are also 12 bathrooms, nine fireplaces and a curved staircase.

The grounds include an award-winning rhododendron garden; the owner’s father was a famed horticulturist.

Daniel Gale Sotheby’s International Realty’s Lois Kirschenbaum has the listing.

Kirschenbaum deemed it “one of the great homes of a bygone era,” saying not many like it will ever change hands in the region again.

While it’s being marketed as a single estate, Kischenbaum also suggested the home could be subdivided as-of-right.

The romanticized North Shore of Long Island — the inspiration for “The Great Gatsby” — has lost out to the Hamptons as New York’s premier luxury market outside the city. Estates in the area, including the former home of John Shaffer Phipps, have been turned into museums, galleries and tourist spaces.

Even Erchless carries dimmed expectations. Howard Jr. listed the estate for sale in 2018 for $29.9 million, but it did not sell.

— Holden Walter-Warner

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