That equestrian properties are some of the costliest areas in real estate is a known fact. Some even sell for as high as a multi-million dollar asset, such as the one sold by 74-year-old African-American billionaire woman Sheila Johnson and her firm for $21.68 million to a certain Michael Hall from Jacksonville. That was in Grand Prix Village, Florida. Now, another high-end, luxurious equestrian estate in Connecticut has hit the market for $15 million.
The pricing entered the top 5 most expensive estates of all time outside of lower Fairfield County. The property was listed at that 8-digit price by Sotheby’s International Realty. It has entered the top 36 priciest equestrian properties in America.
Everything that RedGate Farm has to offer
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As per the Milford Mirror, the estate is situated along Poverty Hollow Road in Newtown, east of the Collis P. Huntington State Park. The estate, RedGate Farm has every necessary amenity in it. From paddocks to ponds to barns with 60 stalls, the estate is as luxurious as it is expensive.
It also has an indoor riding ring and horse treadmills, all located inside the area, which is more than 50 acres of land. The central house is at 7 Equestrian Ridge and it expanses more than 9,000 square feet of area. The house also overlooks a hill and some fields below. The visuals of it are breathtaking.
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There are around 13,000 stables in the US that offer training for riders and horses. Of them, 160 are in Connecticut as per the EquineNow website. RedGate Farm is one of them.
An Olympic gold medalist once trained in RedGate Farm
The RedGate Farm was purchased by Bruce and Kimberly Travis more than two decades ago. It existed as a riding farm then, and the couple invested millions of dollars in boarding operations and an equestrian center. Among the trainers of RedGate Farm, included a Leslie Burr Howard. Equestrianism and Olympic fans will remember her as a gold medal winner for the USA in the 1984 Los Angeles Olympics in Team Jumping.
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Although Ridgefield’s Double H Farm sold for $24 million last month, becoming the most expensive equestrian estate to be ever sold in Connecticut, RedGate Farm’s sale for $15 million on top of it only boosts the local economy of Connecticut. The estate has much to offer in terms of its luxury and any equestrian lover is bound to have a pleasant time here.
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