tomo logo

$11,000,000

Beds
4
Baths
7.0
sq ft
9,605

7 Equestrian Rdg, Newtown, CT 06470

7 Equestrian Rdg

Newtown, CT 06470

  • 585 days on market
    • Price drop $1,250,000↓
Red Gate Farm- A rare opportunity to acquire a TURN KEY equestrian property in Fairfield County with a main house set high overlooking the 54+ bucolic acres and the Aspetuck River. The equestrian facility includes 3 barns w/ 69 stalls, wash stalls, tack rooms, laundry, rubber flooring, full haylofts, grand prix/derby field, indoor & outdoor rings, round pen, apts. for staff, office/viewing room, gym, paddocks, fenced pastures & equipment garages. Accessed by a long driveway set high on a hill is a luxuriously appointed stone manor home w/ an18' grand entry, formal lvng rm, dining rm, kitchen/family room, bar, 4 bedrooms, 5.1 bathrooms, 6 fireplaces, walk-in wine cellar & elevator to all 3 floors. Absolutely beautiful and an exceptional opportunity.

Details

Property type

Single Family Residence

Est. home value

$2,182,310

Lot size

54.03 acres

Price per sq ft

$1,146

Year built

2002

Annual property taxes

$40,921

Price History

09/16/2024
SmartMLS

SmartMLS #170563130

Price change
$11,000,000
-10.2%
04/17/2023
SmartMLS

SmartMLS #170563130

Listed
$12,250,000

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Newtown Savings Bank

Loan start date

June 2014

Original loan amount

$250,000

Est. remaining balance

$0

Interest rate

3.39%

Loan type

Not Provided, 10 year

Seller

Bruce E Travis and Kimberly A Travis

Lender

Newtown Savings Bank

Loan start date

June 2014

Original loan amount

$250,000

Est. remaining balance

$0

Interest rate

3.39%

Loan type

Not Provided, 10 year

Seller

Bruce E Travis and Kimberly A Travis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 1:05 PM

Listing updated: 09/30/2024 at 7:54 PM

Listed by: Krissy L. Blake, Sotheby's International Realty Phone #: (203) 536-2743

MLS: SmartMLS #170563130

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