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Sandy Weills, former Citigroup CEO, asks $14 million for Connecticut estate

Sandy Weill, Citigroup CEO, has recently put his 6.3-acre estate on Round Hill Road in Greenwich, Conn., on the market for $14 million, reports The Wall Street Journal.

Built in 2004, the 16,460-square-foot mansion is designed by the famous architect Ira Grandberg and includes six bedrooms and nine full and three half bathrooms. The home features a cedar shingle roof and offers views of the Long Island Sound. Also included are a large patio and a number of porticos and balconies. The lower level of the home includes a home theater, an exercise room, a cupola, a wine cellar, a billiards room and a spa equipped with a sauna and hot tub.

On the outside, the estate has an infinity pool enveloped by natural stones, a koi pond and waterfalls. In addition, there is a gazebo made from timber and cedar, which have been used to build the house. A gemstone aficionado, Weill's son, who lived there previously, embedded some of his favorite in the natural stones around the pool.

The estate also comes with a 1,300-square-foot cottage for the caretaker and two garages - one two-car garage and an additional four-car garage. Surrounded by trees and hidden behind a large compound, the home offers complete privacy.

According to Weill, he purchased the property along with his wife Joan some time in 1980 with a view to make it the family compound. Later, they presented the property to their son Marc, who built a mansion using stone and timber on the site in 2004.

Weill purchased the property from Marc for $11 million in 2008 when the latter decided to move to New York. Weill had put this estate on the market for a brief period in 2009 for an asking price of $12,995,000 but could not find a buyer. He told the Journal that he listed it again as the market has improved and he no longer requires the property.

Weill and his wife spend most of their time in Sonoma, Calif., where they purchased a 362-acre estate as well as a vineyard for $31 million in 2010. They also own homes in the Bahamas and Adirondacks, in addition to an apartment in New York City.

Weill sold his Central Park penthouse in 2012 for $88 million, making it the most anyone has ever paid for a home in New York City.


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