Renowned 112-Acre Cragwood Estate Available For Sale
Marquee Compound Near New York City Enters Market
FAR HILLS, New Jersey, Oct. 25, 2016 /PRNewswire/ -- The famed Cragwood estate has entered the market. An icon of the gilded age located just an hour from New York City, this Georgian Revival mansion, complete with a preserved and working farm, is situated on more than 112 serene acres in New Jersey's renowned Somerset Hills.
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Constructed in circa 1923, Cragwood has been lovingly restored and modernized by its current owners. It is only the third time in nearly a century that the storied estate is available for sale. The price is available upon request. Watch the property video.
The pedigreed property was made famous by its residents, socialite couple Charles and Jane Engelhard who entertained numerous luminaries at the estate including United States Presidents John F. Kennedy and Lyndon B. Johnson.
The Cragwood compound sits high overlooking Ravine Lake, with a gated entry and wooded landscape ensuring ample privacy. The main mansion offers 24 rooms on three levels, including nine bedrooms, 10 full and three half-baths.
Property features include:
- Home theater with two-tier seating
- Finished lower level featuring a climate-controlled, 3,000-bottle wine cellar with tasting room
- Adirondack-style cottage with a billiards room and stylish gun room
- Converted carriage house with offices and five guest apartments
- Garages that can house 19 vehicles
- Swimming pool area with a one-bedroom pool house
- Tennis court, skeet shooting area, kennels
- Miles of walking trails, gardens and fountains
- State-of-the-art security system and guard house
Nan Reil and Vincenza Montrone, both Coldwell Banker Previews International marketing specialists affiliated with Coldwell Banker Residential Brokerage, have been selected to represent this historic estate. Cathy Franklin of The Corcoran Group is a real estate advisor to the sellers.
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"This marquee property offers luxurious living conveniently located near the heart of the United States' financial center, New York City," said Reil. "The added bonus of security and privacy with a sizable portion of land makes this a rare opportunity to invest in a premier luxury estate."
The Coldwell Banker Previews International® program is a world leader in the marketing of luxury homes. Visit www.ColdwellBankerPreviews.com.
The Corcoran Group, a leading residential real estate brokerage company in New York City, operates 40 offices with 2,200 sales associates. Visit www.Corcoran.com
Media Contacts:
Roni Boyles
Cragwood.PR@NRTNortheast.com
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