10 Mohegan Ave, Old Saybrook, CT 06475

6 beds, 8 baths, 8,368 sqft
For Sale
$14,800,000
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This isn't a dream; it's Fenwick...or is it Paradise?" - Katharine Hepburn FAMILY ESTATEFor the actress and her family, Fenwick, a private beach community off the Connecticut coast, was a place they called home for nearly a century. Now back on the market after an extraordinary renovation, the historic Katharine Hepburn home remains to be the quintessential family estate - a waterfront centerpiece with its own private sandy beach, private dock and Golden Pond. THE HISTORYIn 1939, Katharine Hepburn bought a large set of building blocks from F.A.O. Schwarz and used them to construct a model of her dream home. Later that year, she and her family constructed a special and serenely situated home on the Long Island Sound- the home we now call the Katharine Hepburn Estate. It would remain her most prized and cherished possession over the next 65 years. THE RENOVATIONIn 2005, New York Builder Frank Sciame embarked on a complete renovation of the property. Bringing to bear his experience restoring some of New York City's greatest landmarks including the Pierpont Morgan Library & Museum, St. Patrick's Cathedral and the Guggenheim Museum, he oversaw the project which included raising the structure five feet to protect it from the Long Island Sound. All new systems were installed, and the historic structure seamlessly augmented to create light-filled rooms while preserving the historical integrity of the structure. From restoring the home's original pine-paneled fireplaces to incorporating oversized windows, coffered ceilings and built-in cabinetry throughout, the executed design is a marriage of history and modern amenities. The result - a quintessential family home, carrying on a most important legacy.THE HISTORIC HOMEThe main residence, set serenely on the Long Island Sound, includes over 8000 square feet of living space on three floors, with six bedrooms each with their own private baths, and seven fireplaces. The cook's kitchen features an AGA stove and Sub Zero refrigerator and is adjacent to the living room and dining room, both of which overlook the Long Island Sound, a pond and private dock for boating to the Hamptons less than an hour away. In the 1930s and 1940s, Howard Hughes landed his seaplane directly in front of the home, and today, the same opportunity awaits its new owner. A Den, Chart Room, Potting Room, Pantry, Laundry Room and two-car garage complete the estate. THE NEIGHBORHOODAt the eastern tip of Fenwick, the Hepburn residence sits on 1.47 acres with over 200 feet of waterfront overlooking the Long Island Sound. Adjacent, more than three additional acres were designated by Katharine Hepburn to remain forever open. The conservation parcel is now owned and maintained by the Lynde Point Land Trust, thus assuring privacy and unobstructed views in perpetuity. Fenwick, a community of 83 homes, was established in the 1600s and is located where the Long Island Sound meets the Connecticut River. The private community is known for its golf course, swimming and boating.  MoreLess
Facts
  • Lot: 1.47 acres
  • Single Family
  • Built in 1939
  • 124 days on Zillow
  • Cooling: Central
  • Heating: Other
  • Last sold: Sep 2004 for $6,000,000
  • Price/sqft: $1,769
  • MLS #: M9147884
Features
  • Attic
  • Barbecue
  • Ceiling Fan
  • Deck
  • Dock
  • Double Pane/Storm Windows
  • Fireplace
  • Flooring: Hardwood, Tile
  • Garden
  • Jetted Tub
  • Lawn
  • Parking: Garage - Attached, 2 spaces
  • Patio
  • Pond
  • Pool
  • Porch
  • Security System
  • Sports Court
  • Sprinkler System
  • Vaulted Ceiling
  • View: Water
  • Waterfront
Additional Features
  • Golf, tennis, boating, private dock and beach.
Appliances Included
  • Dishwasher
  • Dryer
  • Garbage disposal
  • Range / Oven
  • Washer
Room Types
  • Library
  • Master bath
  • Mud room
  • Office
  • Pantry
  • Sun room
  • Walk-in closet
Construction
  • Exterior material: Brick, Stone
  • Roof type: Other
  • Room count: 15
  • # Stories: 3.0
  • Structure type: Colonial
Other
  • Floor size: 8,368 sqft
  • Heating: Oil
  • Last remodel year: 2004
  • Laundry: In Unit
  • Parcel #: M:010 B:013 L:
  • Unit floor #: 3
  • Zillow Home ID: 57871712
Home Values
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$7,144,733
-$3,388,606 Last 30 daysd
$5.79M
$9.36M
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$2,915/mo
-$161 Last 30 daysd
$1.7K
$5.8K
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Neighborhood for 10 Mohegan Avenue

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Zillow predicts 06475 home values will rise 2% next year, compared to a 1.9% increase for Old Saybrook as a whole. Among 06475 homes, this home is 3980.5% more expensive than the midpoint (median) home, and is priced 627.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 06475, the number of foreclosures waiting to be sold is 0.2% greater than in Old Saybrook, and 24.3% greater than the national average. This higher local number may prevent 06475 home values from rising as quickly as other regions in Old Saybrook.

Learn more about forecast calculations or 06475 home values.
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