Sold
Share Listing
Save Listing
72 Post Road
House in Old Westbury •  building info
9bd • 5.5ba • 148,975ft² $32 per ft²
Sold price

$4,800,000

Key Details
Days on market
336
Last price change
loading...
Estimated payment
$42,651
Taxes
$15,346
Monthly maintenance
N/A
Description
Nestled away from the hustle and bustle, this 15.54-acre estate exudes pristine and peaceful beauty, enveloped by serene ponds and picturesque woodlands. As you make your way down the tree-lined driveway, you'll be greeted by gently rolling fields adorned with specimen trees, offering endless possibilities for equestrian and outdoor recreational activities. Formerly a part of the John Shaffer Phipps and Margarita Grace Phipps estate, now famously known as the historic Old Westbury Gardens, this property comprises five lots, with potential for future subdivision. The estate was purchased by Michael Grace Phipps, the accomplished polo player and son of John Shaffer Phipps, where it was used to quarantine and train polo ponies. The estate features a variety of charming buildings, including a four-bedroom artist's studio, a cozy country house, a spacious tin barn, three-bedroom cottages, the original ice house, laundry and horse stalls, and a five-bay garage with an expansive workshop. The property is directly adjacent to the 216-acre Old Westbury Gardens, allowing for easy access to its breathtaking scenery and renowned history. This unique and rare property awaits its next chapter, offering limitless possibilities for its new owner. Whether you choose to create your own dream estate or develop a luxurious subdivision, this property is a true gem waiting to be discovered. Don't miss this once-in-a-lifetime opportunity !

Read Less

Listing Amenities
Hardwood floors
Fireplace
Building Amenities
Parking Available
History
What it'll cost
Purchase price
$4,800,000
Asking Price: $4,800,000
Term
30 Years
Down Payment
$480,000 (10%)
Min: 10% (480,000)
Rate
6.5 %
Mortgage Amount
$4,320,000
Mortgage Payment
$27,305
Taxes
$15,346
Estimated closing cost
$182,000
Total monthly cost $42,651
Listing Courtesy of Daniel Gale Sothebys Intl Rlty

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.