Katharine Hepburn’s Estate for Sale at $11.8M – NMP
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Katharine Hepburn’s Estate for Sale at $11.8M

Mar 07, 2017
Attention, classic movie lovers: The Connecticut estate of four-time Academy Award-winner Katharine Hepburn is now on market for $11.8 million

Attention, classic movie lovers: The Connecticut estate of four-time Academy Award-winner Katharine Hepburn is now on market for $11.8 million.
 
According to a Boston Globe report, the six-bedroom, 8,400-square-foot property, located on 1.5 waterfront acres in Old Saybrook, Conn., was first on the market after the actress’ death in 2003 for $12 million. Frank Sciame, founder and CEO of Sciame Construction and Development, acquired the residence for half the asking price and renovated the property in 2005 for use a vacation home.
 
He listed the property in 2014 for $14.8 million, claiming it was “priced to sit”–and it sat with buyer interest, with Sciame removing it from the market before the new listing.
 
There is also a second listing that can be acquired with the property: An adjacent 3,800-square-foot beach house set on 1.3 acres. But that property has no connection to Hepburn—Sciame built it two years ago and is listing it for $5.8 million.
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Phil Hall
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Mar 07, 2017
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