Big Price Cut For Devonshire
Filed under: Estates
When I wrote up the Devonshire estate last year, real estate commenter Spectacular Bid warned that it might linger on the market a while. As usual, he was right. The home in Bedford Corners, New York is a grand estate on over 101 acres of land. The Georgian style manor was built for New York banker J.Borden Harriman in 1901and was designed by L. Henry Morgan, John Galen Howard, and D. Everett Waid. Architect and horticulturalist Guy Lowell-who built the Boston Museum of Fine Arts designed the estate's formal gardens. The 21,000 square-foot mansion has an original grand staircase, gold leaf moldings, wood paneling, marble floors and a Tiffany glass domed ceiling. There are eight bedrooms, a formal dining room, solarium, a billiards room and a 10,000 bottle wine cellar. Last year it was listed at $43 million but now it sits at $30 million. Will a $13 million price cut be enough to sell this one?
