Pricey Greenwich, Conn. Pad Up For Sale At $190 Million

GREENWICH, Conn. (CBSNewYork) -- The housing market is bouncing back, according to experts, and a property in Fairfield County is up for sale with a price tag that is the highest in the country -- $190 million.

"There are very few houses that are anywhere close to being like this house," David Ogilvy told CBS 2's Maurice Dubois.

Copper Beech Farm is nestled behind a 1,800-ft driveway that winds its way through the 50-acre estate, which is home to a 12-bedroom, seven-bathroom Victorian mansion and offers a jaw-dropping view of the Long Island Sound.

Once inside the home prospective buyers will find period detail, house-sized enclosed porches, and an elevator that services a three-story foyer.

There are a few drawbacks to the home. It doesn't have central air conditioning and the kitchen is in need of an update. The high price tag, it seems, is all about location.

"Well the location is the best part of waterfront in Greenwich," Ogilvy said.

In addition to two private islands, Copper Beech Farm has nearly a mile of unspoiled beach-front property, which means it can be divided up into multiple lots. Reports that the owner is facing financial trouble remains unconfirmed.

"Oh, this is very much not a distress sale," Ogilvy said.

Ogilvy told CBS 2 that he has already shown the house to five people who have the means to pay the $190 million asking price. The property also has a 75-foot pool with a spa, a greenhouse, and a grass tennis court.

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