10 Mohegan Ave, Old Saybrook, CT 06475

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Zestimate: $21,532,491

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Rent Zestimate: $3,435/mo

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  • Bedrooms:6 beds
  • Bathrooms:8 baths
  • Single Family:8,368 sq ft
  • Lot:3.45 acres
  • Year Built:1939
  • Last Sold:Sep 2004 for $6,000,000
  • Heating Type:Forced air
Description
"This isn't a dream, it's Fenwick. or is it paradise?" Katharine HepburnFAMILY COMPOUNDThe historic Katharine Hepburn home is the centerpiece of a family compound with three deeded waterfront lots, each with its own sandy beach.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 New York Public Library and St. Patrick's Cathedral, 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 was seamlessly augmented to create light-filled rooms while preserving the historical integrity of the structure.THE NEW GATEHOUSE RESIDENCEThe elite Borough of Fenwick does not allow Accessory Dwellings or Guest Homes on a single property. Therefore, a subdivision of the property was completed to create three separately deeded parcels. On the eastern portion of the property, a 2750 square foot gatehouse residence will be built which includes 3 bedrooms, 3 ?? bathrooms and numerous covered terraces and patios. The dormers and upper story porches echo design elements of the renovated, original estate. The home was designed to compliment its historic surroundings while meeting the most modern expectations by providing open floor plans. Sciame is also exploring the possibility of a third house, on the legally deeded parcel to the west of the existing houseTHE HISTORIC HOMEThe main residence includes over 8000 square feet of living space on three floors. There are six bedrooms, each with private bath. 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 a private dock. A Den, Chart Room, Potting Room, Pantry, Laundry Room, and 2-car garage complete the estate. In the 1930s and 1940s, Howard Hughes landed his seaplane directly in front of the home. Today, the same opportunity is available to the owner. Additionally, launching your boat from the private dock can have you in the Hamptons in about an hour.THE NEIGHBORHOODAt the eastern tip of Fenwick, the Hepburn residence sits on 3.4 acres, surrounded by the waters of the Long Island Sound to the south and a pond to the north. Adjacent, more than 3 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 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
    • CoolingCentral
    • ParkingGarage - Attached
    • Basement TypeUnknown
    • FireplaceYes
    • Floor CoveringHardwood, Tile
    • AtticYes
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$21,532,491
-$3,967,501 Last 30 daysd
$4.95M
$29.1M
Zestimate range
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,435/mo
+$933 Last 30 daysd
$893
$6.9K
Zestimate range

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Neighborhood for 10 Mohegan Avenue

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Among 06475 homes, this home is valued 5879.6% more than the midpoint (median) home, and is valued 1004.3% more per square foot. Foreclosures will be a factor impacting home values in the next several years. In the 06475 market, the number of foreclosures waiting to be sold shrank 21.4% in the last year. The number of unsold foreclosures is 11.8% higher than in Old Saybrook, and 1.4% lower 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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