old mill farm

Mel Gibson's Old Mill Farm Sold For More Than $5 Million Under List Price

Filed under: Estates, Celebrity Shopping

Back in April we learned that Mel Gibson had sold Old Mill Farm, his 75-acre Greenwich estate. Now the Greenwich Time has news on the price. The home sold for nearly $24 million after spending three years on the market. We first saw this property hit the market in 2007 for $39.5 million. At the sale time the listing price had been carved down to $29.75 million. He bought the property in 1994 for $9.3 million.

According to town records the new buyer is Cosette Property LLC. No information is available on the company but this could be a trust for a buyer who wants to remain hidden. The paper says that the highest-priced residential transaction this year in Greenwich was the $31.4 million sale of a mansion on 22 acres at 30 John St., bought by a company that lists Tommy Hilfiger as its principal. That property was our estate of the day back in April and was listed for $33 million. Hilfiger sold another Greenwich home last fall for $20 million. That one was listed at $27.9 million when it was our estate of the day back in 2008.

Old Mill Farm is a design by architect Charles Lewis Bowman built in 1926 for his horse-loving client, G.L. Ohrstrom. The home is one of the last great manor homes in Greenwich and is significant not just for the architecture but for the fact that it has 77 acres of land. The home itself is an Elizabethan-inspired Tudor mansion of 15,800 square feet and the property has 15 bedrooms and 18 bathrooms total. The jaw-dropping room of the place is the great hall which has a 40-foot cathedral ceiling with a stone minstrel's gallery, walk-in fireplace and leaded glass ceilings. The grounds, which were done by landscape designer James Doyle, include formal gardens and a maze. There is also a terrace pool, tennis court, greenhouse, stable, staff houses, log cabin and a pond on the property.

Gibson's Lavender Hill Farm in Malibu remains on the market at $14.5 million.

Gallery: Mel Gibson's Old Mill Farm

Tags: celebrity real estate, connecticut, greenwich, mel gibson, old mill farm, Tommy Hilfiger

Mel Gibson Finally Sells Old Mill Farm

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

It took almost three years but Mel Gibson's Greenwich, Connecticut home, Old Mill Farm, may have finally sold. The Stamford Advocate points out that the contract was reported on the Greenwich Multiple Listing Service Tuesday. No details on the buyer or a selling price are available. When the estate hit the market in 2007 it was listed at $39.5 million but cut the price last year to $29.75 million.

Old Mill Farm is a design by architect Charles Lewis Bowman built in 1926 for his horse-loving client, G.L. Ohrstrom. The home is one of the last great manor homes in Greenwich and is significant not just for the architecture but for the fact that it has 77 acres of land. The home itself is an Elizabethan-inspired Tudor mansion of 15,800 square feet and the property has 15 bedrooms and 18 bathrooms total. The jaw-dropping room of the place is the great hall which has a 40-foot cathedral ceiling with a stone minstrel's gallery, walk-in fireplace and leaded glass ceilings. The grounds, which were done by landscape designer James Doyle, include formal gardens and a maze. There is also a terrace pool, tennis court, greenhouse, stable, staff houses, log cabin and a pond on the property.

One thing that might not be going along with the property is the mural in the dining room. A sharp-eyed commenter recently pointed out that the Maxfield Parrish painting Sing a Song of Six Pence which is shown in the dining room in these listing pictures from Sotheby's Realty is set to be auctioned off for an estimated $2.5-3.5 million next month.

One of Gibson's other properties, his Lavender Hill Farm in Malibu, remains on the market for $14.5 million.

[Thanks, James]

Gallery: Mel Gibson's Old Mill Farm

Tags: celebrity real estate, greenwich, mel gibson, old mill farm

Mel Gibson Drops The Price On Old Mill Farm

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

After reading about the real estate downturn in Greenwich, Connecticut in a recent issue of The New Yorker, I wondered what effect this will have on homes still on the market, in particular, Mel Gibson's Old Mill Farm. A quick look at the listing reveals that Gibson, who has had the property on the market for $39.5 million for over a year now, recently dropped the price to $35 million.

The home is one of Greenwich's treasures. No McMansion, Old Mill Farm is a design by architect Charles Lewis Bowman built in 1926 and is one of the last great manor homes in Greenwich and is significant not just for the architecture but for the fact that it has 77 acres of land which includes formal gardens, a maze, pool tennis court, greenhouse, stable staff houses, log cabin and a pond. The home itself is an Elizabethan-inspired Tudor mansion of 15,800 square feet and the property has 15 bedrooms and 18 bathrooms total. The great hall has a 40-foot cathedral ceiling with a stone minstrel's gallery, walk-in fireplace and leaded glass ceilings. In this real estate climate, will a $4.5 million price cut be enough or does Mel need to lower the price a bit more?

Gallery: Mel Gibson's Old Mill Farm

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Tags: celebrity real estate, CelebrityRealEstate, greenwich, mel gibson, MelGibson, old mill farm

Mel Gibson's Old Mill Farm, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

I first mentioned this listing on Sunday. The esteemed Braden Keil of the NY Post broke the story that Mel Gibson has put his Greenwich, Conn. home on the market. The listing with photos just went live today so I wanted to bring you the pictures of why this home just might be worth the $39.5 million asking price. As commenter Spectacular Bid noted on my last post about this house, Old Mill Farm is a design by architect Charles Lewis Bowman built in 1926 for his horse lover client, G.L. Ohrstrom. The home is one of the last great manor homes in Greenwich and is significant not just for the architecture but for the fact that it has 77 acres of land.

The home itself is an Elizabethan-inspired Tudor mansion of 15,800 square feet and the property has 15 bedrooms and 18 bathrooms total. The jaw-dropping room of the place is the great hall which has a 40-foot cathedral ceiling with a stone minstrel's gallery, walk-in fireplace and leaded glass ceilings. The grounds, which were done by landscape designer James Doyle, include formal gardens and a maze. There is also a terrace pool, tennis court, greenhouse, stable, staff houses, log cabin and a pond on the property. For your $39.5 million you really do get a chance to slip into a whole other world. After the jump, imagine the movie Mel could have made here.

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Tags: connecticut, estate of the day, greenwich, luxury real estate, mel gibson, MelGibson, old mill farm

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