Celebrity property deals continue to make headlines, with entrepreneur and media personality Bethenny Frankel offloading her historic Greenwich, Connecticut estate for a reported US$7.82 million (approx. AUD$11.9 million), delivering a tidy capital gain in the process.
The 3.05-acre property, known as Applejack Farm, dates back to 1743 and was purchased by Frankel for US$4.25 million (approx. AUD$ 6.5 million) in 2021.
The off-market transaction was brokered by Jeff Jackson of Corcoran Centric Realty, with the buyer represented by Martha Z. Jeffrey and Anne Z. Ogilvy of Sotheby’s International Realty.
According to the NY Post, Bethany, who made her name via The Real Housewives of New York City and as founder of the Skinnygirl brand, had subtly marketed the property to a “select group of family and friends” earlier this year, reportedly seeking US$8 million.
“Greenwich is an extraordinarily beautiful place, and Applejack Farm is a once-in-a-lifetime property — rich with history and charm,” Bethany said in a statement.
“I poured my heart into transforming it into a true family compound.”
The compound includes a five-bedroom main residence featuring a high-end La Cornue kitchen, a large primary suite, a gym, and multiple living zones accentuated by heritage architectural details like beamed ceilings and ornate mouldings.
The grounds also host a two-bedroom guest cottage, a standalone studio, and a separate party barn.
Bethany introduced contemporary finishes throughout, including custom wallpapers, marble countertops and a vibrant butler’s pantry — updates that likely contributed to the property’s strong sale result.
This sale by Sotheby comes as Frankel transitions her primary residence to Florida, a move she says was motivated by lifestyle change.
Despite the shift, she will maintain properties in Southampton, Manhattan and Miami.
