Paul Simon is Listing His Connecticut Property at a Loss, and He’s Not Even Bothered. Here’s Why
Just like every other person, celebrities also consider downsizing when their children move out to be a logical move. That is exactly why Paul Simon has put up his countryside estate located in New Canaan, Connecticut for sale. In a recent listing, the home which spans 8,500 square feet was listed for approximately $13.9 million. The listing price is 16 percent below what Simon parted with when he acquired the property in 2002.
The singer who is popular for songs such as Bridge Over Troubled Water is obviously selling the house at a loss. However, the property is still in a very impressive condition, one which would effortlessly match with how it was when Simon moved in.
General Market Condition
The property was listed by Leslie Razook of Sotheby’s International Realty together with Anne Krieger. According to Razook, the reduced price of the property was a reflection of the softness that characterizes the real estate market in the area.
Douglas Elliman reported that there was a 2.6 percent dip in the total sales recorded in Farfield County as against 1,968 deals recorded a year earlier. Further, the average sales price drastically dropped by 6.6 percent and was at $359,450.
The house was built as far back as the 1930s. It comes in a brick Colonial style and has 6 bedrooms, large living and dining areas, libraries as well as a garage that can conveniently accommodate three vehicles. Its kitchen comes with a sizeable breakfast bar, large bay Windows and colorful light fixtures.
The property also has a different cottage that has 2 bedrooms with a recording studio. The award-winning musician considers the place his peaceful space, and he reportedly recorded some of his albums there.
Another stunning feature of the Connecticut property is that it comes with relatively large grounds. Both the home and the cottage are located on more than 30 acres with meadows, a brook, a great lawn, waterfalls, a pond, formal walled gardens, and a courtyard.
According to Simon, the first thing that came to his mind when he relocated from Manhattan with his family to their Connecticut home, was that they now had their own park. He noted that they spend nothing less than 30 minutes walking around the property with their dogs.
He also mentioned that he would greatly miss playing baseball in their yard. Simon and wife, Eddie Brickell lived in the home all through the years of raising their children. Reports have it that Simon has a child from a past marriage.
Simon also owns another home located in New York. The property is on a cliff that overlooks the Atlantic Ocean. According to reports, the cottage had to be moved back in 2017 as a result of impending destruction of the structure by erosion.
More in Loans & Credit
Here’s How Women Empowerment Contributes Immensely to the Development of All Social Areas
Several types of research have shown that providing the requisite support for women to embark on advanced studies and get meaningful...May 14, 2019
Years After Legendary Musician Prince’s Death, The Issue Concerning His Luxury Property Still Persists
Legendary musician Prince has been dead for almost three years now, but his mark in the music world continues to live...May 13, 2019
You Won’t Believe What This Homeless Janitor’s Secret is, and It Smells Money, Big Money…
Read’s Lifestyle Ronald Read was the first person in his family to finish high school, and he completed his studies with...May 13, 2019
A Few Quite Unique yet Practical Lessons Starbucks’ CEO Howard Shultz Had to Learn From Magic Johnson
In 1994 Magic Johnson wanted to make the transition from the world of basketball to being a businessman. The NBA Lakers...May 13, 2019
Leonardo Da Vinci: The Evolution of a Great Artist
Till date, most of the work the legendary Leonardo da Vinci did is still a mystery to the world. People wonder how...May 12, 2019
Guess Who Got Married In Vegas Just After The Billboard Awards
Joe Jonas of The Jonas Brothers and Sophie Turner just got married, and this is one Wedding that nobody saw coming....May 12, 2019
Lori Loughlin’s Court Case Just Might Have Just Gotten a Little too Serious and We Are Confused
Just in case you missed it, actress Lori Loughlin and her husband Mossimo Giannuli are presently facing a court case for...May 12, 2019
Check Out The Massive Amount Robert Downey Jr Earns for His Ironman Role
Everybody is still buzzing over the latest Avengers Endgame movie. There is something special about superheroes movies, and The Avengers Endgame...May 11, 2019
Blac Chyna Celebrates Her Acceptance Into Harvard’s Online Business School, But There’s a Twist to the Story
Blac Chyna has decided to enroll for a degree at Harvard Business School. According to a media outlet, her application for...May 11, 2019