Iconic Migdale Castle goes for $8 million at auction

Iconic Migdale Castle goes  for $8 million at auction

Migdale Castle located off Route 44 was sold at auction for $8,000,000 plus a buyer’s premium of 12%. It was most recently listed for sale in April for $14,000,000.

Heather Croner, Sotheby’s International Realty

MILLBROOK — Migdale, the Tudor estate built by Andrew Carnegie’s daughter in 1927, was sold on Thursday, May 30 at Sotheby’s Concierge Auction in London.

One of the Hudson Valley’s most iconic properties, the expansive, renovated stone estate of four stories, 34,000 square feet, and 29 rooms, achieved a sale price of $8.96 million in cooperation with co-listing agent Heather Croner of Heather Croner Real Estate Sotheby’s International Realty.

Located at 3872-3874 Route 44, the property was purchased by the art dealer and horse breeder Guy Wildenstein in 2020 for $5,290,000 and then underwent an extensive four-year renovation that was rumored to cost $20,000,000.

The estate on 68 acres includes twelve fireplaces, ten bedrooms, 17 bathrooms, an indoor pool, a 5,000-bottle wine cellar, a tennis court and a billiard room. There’s also a 5,000 square foot gate house and an additional 10,000 square foot staff house with 6 guest apartments.

The identity of the purchaser has not been revealed nor whether the buyer will exercise the first right to purchase the additional adjoining 129 acres with walking trails, orchards and fields.

Previous to the London auction New York restaurateur Will Guidara, perhaps inspired by the success of estates turned into resorts like Blantyre in Lenox, Massachusetts, was purported to have a $20,000,000 deal to purchase the property. The sale was contingent on Town of Washington approval of a zoning change that would permit “a world-class getaway” luxury resort called Second Mountain with a hotel, spa treatments, two restaurants, cottages and glamping.

Local residents, quickly mobilized to oppose the project, and Guidara withdrew his application.

Latest News

Winter sports season approaches at HVRHS

Mohawk Mountain was making snow the first week of December. The slopes host practices and meets for the HVRHS ski team.

By Riley Klein

FALLS VILLAGE — After concluding a successful autumn of athletics, Housatonic Valley Regional High School is set to field teams in five sports this winter.

Basketball

Keep ReadingShow less
Bears headline DEEP forum in Sharon; attendees call for coexistence, not hunting

A mother bear and her cubs move through a backyard in northwest Connecticut, where residents told DEEP that bear litters are now appearing more frequently.

By James H. Clark

SHARON — About 40 people filled the Sharon Audubon Center on Wednesday, Dec. 3, to discuss black bears — and most attendees made clear that they welcome the animals’ presence. Even as they traded practical advice on how to keep bears out of garages, porches and trash cans, residents repeatedly emphasized that they want the bears to stay and that the real problem lies with people, not wildlife.

The Connecticut Department of Energy and Environmental Protection (DEEP) convened the meeting as the first in a series of regional Bear Management Listening Sessions, held at a time when Connecticut is increasingly divided over whether the state should authorize a limited bear hunt. Anticipating the potential for heated exchanges, DEEP opened the evening with strict ground rules designed to prevent confrontations: speakers were limited to three minutes, directed to address only the panel of DEEP officials, and warned that interruptions or personal attacks would not be tolerated.

Keep ReadingShow less
Kent unveils two new 'smart bins' to boost composting efforts

Rick Osborne, manager of the Kent Transfer Station, deposits the first bag of food scraps into a new organics “smart bin.” HRRA Executive Director Jennifer Heaton-Jones stands at right, with Transfer Station staff member Rob Hayes at left.

By Ruth Epstein

KENT — Residents now have access to around-the-clock food-scrap composting thanks to two newly installed organics “smart bins,” unveiled during a ribbon-cutting ceremony Monday morning, Dec. 1.

Rick Osborne, manager of the Kent Transfer Station, placed the first bag of food scraps into the smart bin located at 3 Railroad St. A second bin has been installed outside the Transfer Station gate, allowing 24/7 public access even when the facility is closed.

Keep ReadingShow less
Cornwall selectmen prioritize housing, healthcare in new two-year goals

Cornwall First Selectman Gordon Ridgway

File photo

CORNWALL — Housing and healthcare topped the list of 15 goals the Board of Selectmen set for the next two years, reflecting the board’s view that both areas warrant continued attention.

First Selectman Gordon Ridgway and Selectmen Rocco Botto and John Brown outlined their priorities during the board’s regular meeting on Tuesday, Dec. 2. On housing, the board discussed supporting organizations working to create affordable options in town, and Botto said the town should also pursue additional land acquisitions for future housing.

Keep ReadingShow less