Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Latest Celebrity News

 

Katharine Hepburn's Fenwick On the Market for $14.8M

For a cool $14.8 Million, you can own Katharine Hepburn's beloved Fenwick in Old Saybrook, Conn.

May 23 2014, 11:31pm CDT | by

6 Updates
Katharine Hepburn's Fenwick On the Market for $14.8M
 
 

YouTube Videos Comments

Full Story

Katharine Hepburn's Fenwick On the Market for $14.8M

Curbed’s Spencer Peterson reports that Katharine Hepburn’s Fenwick property in Old Saybrook, Conn., is up for sale again in the article, “Katharine Hepburn's 'Paradise' Returns for a Reduced $14.8M.”

Fenwick itself is 8,368-square-feet with 6 bedrooms and Hepburn lived there as her primary residence until her death in 2003. She once called the home "paradise" with tennis, swimming, and golfing at her fingertips. The house and land had been in her family since at least 1938, when a hurricane once lifted the house off its foundation. Previously, the property had worked as a summer home for her family growing up.

New York developer Frank Sciame bought the home for $6M in 2004. Due to the condition of the house, he spent time fixing up and modernizing the layout. The developer upped the price to $30M and then lowered down to $18M before deciding on a new way of selling. In 2012, he listed the house for $28M, but no one was interested in the price, so he took the house of the market for a while. 

Trying to sell the property as a complete piece didn’t work. 

Now he’s willing to update the chance by chopping the 3.6 acre property into three lots: 1.47 comes with the house while the other two lots are split. One of the undeveloped land properties has the potential of a 3,000-square-foot home, which Sciame may keep for himself. He feels this will offer “the best return on investment,” even though he paid less for the entire property—not just one piece. 

For those worried about flooding after the 1938 hurricane debacle, where Hepburn and her family barely escaped with their lives, there’s good news

A rep for Sciame claims he "raised the home five feet to avoid water damage from events” such as Hurricane Irene and Superstorm Sandy. “And will not be likely not be "affected negatively by similar events in the future."

Of course he did face some minor problems by adding driveway-marking granite posts that did not match the era of the house. The historical society felt the markers did not enhance the home and a judge agreed, so the owner had to take away some of the extra size off the posts. Bigger isn't always better.

Judy Samelson, a museum committee member for the Katharine Hepburn Cultural Arts Center, tells the Wall Street Journal a new record would be set for the town of Old Saybrook if the house sales for the asking price of $14.8M. And would be over twice the price a decade ago. Candace Taylor’s “Katharine Hepburn's Home Returns to the Market for a Reduced $14.8 Million” also notes the property has a pond. 

The listing agent is Colette Harron of William Pitt Sotheby’s International Realty.

 

 

Sources: Curbed, Wall Street Journal

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update

Update: 6

On the Market: Old Saybrook, Connecticut

Source: Architectural Digest

Katharine Hepburn’s former family estate is up for s ...
Source: Architectural Digest   Full article at: Architectural Digest Jul 13 2014, 11:00pm CDT
 


Advertisement


Update: 5

What to pair with a chambray shirt

Source: Asia One

What kind of pants can I pair with a chambray shirt?Chambray shirts are those made from a type of twill cotton similar to denim. They have become immensely popular in the past few years and for good reason too.Like its cousin, the denim jacket, a blue chambray shirt adds a casual touch to an outfit and goes with almost anything.This workhorse of an item can be paired with almost any sort of pants, but here are ...
Source: Asia One   Full article at: Asia One Jun 29 2014, 10:27pm CDT
 

More From the Web

Update: 4

Ties Are for Losers

Source: Big Government

Nearly seventy years ago, America and its allies demanded unconditional surrender from Germany. Today, America and its allies hope for a draw against Germany. Many partisans of the U.S. soccer team would regard even a loss, provided by not too many goals, as a win so long as the Americans advance into the round of sixteen. Surely this perversion of the fans’ natural rooting impulse for a win stands as a reason why Americans can’t quite get behind soccer even as they enthus ...
Source: Big Government   Full article at: Big Government Jun 26 2014, 9:38am CDT
 

Update: 2

His dark materials

Source: Spectator Magazine

‘Oompa Loompa juice,’ says the actor Alex Jennings when I ask if he takes any supplements to preserve his looks. He’s 57 but could pass for a decade younger. We meet backstage in his Drury Lane suite, which boasts a fridge crammed with pink champagne, where he’s preparing to play the lead role in Charlie and the Chocolate Factory. His relaxed demeanour and silky voice create an air of instant geniali ...
Source: Spectator Magazine   Full article at: Spectator Magazine Jun 18 2014, 10:00pm CDT
 

Update: 1

Kate Hudson on plastic surgery: ‘Will everybody stop being so judgmental?’

Source: Celebitchy.com

Kate Hudson covers the July issue of InStyle. I saw this cover and immediately thought it looked nothing like Kate. This totally looks like her body, but there’s a lot of photoshop above the shoulders. Airbrushing happens to almost every celebrity or model, but it never stops looking unreal. Which is a shame because Kate has such a natural prettiness. Kate’s wearing a Michael Kors bikini with a matching silk top. She gets a little defensi ...
Source: Celebitchy.com   Full article at: Celebitchy.com Jun 10 2014, 9:00am CDT
 

Shopping Deals

 
 
 
 

Comments

blog comments powered by Disqus

Latest stories

American Ebola Patients At Emory University Hospital Saturday
American Ebola Patients At Emory University Hospital Saturday
American Ebola patients will be transported to Atlanta's Emory University Hospital on Saturday, says U.S. State Department. Emory will work closely with local CDC to help patients.
 
 
Katy Perry Praised by President Obama
Katy Perry Praised by President Obama
It was a once-a-lifetime opportunity and the person who availed it was none other than the Firework singer Katy Perry. She was invited to a dinner at the White House in honor of the Special Olympics and Katy decided to...
 
 
Heidi Klum Pic has Zac Posen’s hands on her Naked Boobs
Heidi Klum Pic has Zac Posen’s hands on her Naked Boobs
A recent pic of Heidi Klum had her Project Runway judge Zac Posen’s hands firmly on her naked boobs. It was quite a shocker alright.
 
 
Kelly Rowland is Expecting a Baby Boy
Kelly Rowland is Expecting a Baby Boy
The once-upon-a-time member of Destiny’s Child, Kelly Rowland discussed her pregnancy and the food cravings that came with the territory. And she also revealed her baby's gender accidentally.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.