A Connecticut home rode the area’s steep price growth to a peak sale.
The home in Fairfield sold for $12.3 million, setting a town record for a non-waterfront property, according to listing agent Libby McKinney Tritschler of William Raveis.
The sellers, Meri Leigh and Francesco Daniele, bought the property at 260 Willow Street for $2.3 million in 2020 and undertook a near-complete teardown to rebuild a seven-bedroom, seven-bathroom home across more than 7,000 square feet on the 1.3-acre property.
The coastal enclave of Southport, which is part of the town of Fairfield, saw its median home price more than double in that time period to $1.4 million.
Homes around Southport Harbor have commanded some of the state’s most expensive sales outside of Greenwich in recent years.
Last year, a sprawling 2.5-acre estate with a six-level mansion on the other side of the Harbor in Fairfield sold for $10.4 million. In 2024, a waterfront Southport property known as the Rose Hill estate sold for $15 million, the fourth-most expensive sale in Fairfield history.
In addition to the gut-renovation, the property also benefited from what has remained a booming sales market outside of New York City.
The median sales price from 2016 to 2025 shot up 86 percent in New York City suburbs, compared to an increase of 43 percent for homes in the city during that same time period, according to PropertyShark.
The sellers originally listed it in 2024 for both sale and rent, and the home quickly rented for $55,000 per month after receiving multiple rental offers, according to McKinney Tritschler.
After the tenant’s lease expired, the sellers listed the home for $12 million in June 2025.
The undisclosed buyer already lived in Southport and wanted to be in the area’s village, according to McKinney Tritschler.
The custom build — which included a pool and poolhouse, a garage with car lifts and a studio apartment on top, and a glass back wall leading out to a patio — “offered so much more than any other home in the area,” McKinney Tritschler said, but “a lot of people gasped when they heard that we were selling it for $12 million.”
“You’ve got this incredibly private, beautiful home that’s on an acre and a quarter, which is so unusual for Southport Village, and it’s brand new,” she said. “All of a sudden, people could justify the 12 million.”
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