There’s a certain significance to the turnkey nature of the home. Built in 1867, the estate (dubbed the Hurst-Pierrepont Estate) is set on a nearly 20-acre lot and was constructed with materials of such high quality that few renovations have been required.
Alexander Jackson Davis, who designed the home, as well as Federal Hall National Memorial in New York City and the Gothic Revival mansion Lyndhurst in Tarrytown, NY, was commissioned for the project by Edwards Pierrepont, a U.S. ambassador to England and former New York and United States Attorney General.
The current owners have had the home since 1997 and—until only two owners ago—it was in the hands of Pierrepont’s descendants. It’s been lovingly preserved for a century and a half. Now it’s just a matter of finding a buyer who desires a residence with a prestigious pedigree.
“What I like about this home is that it’s an opportunity for someone to be a custodian of something historically significant,” says Watters, of Coldwell Banker’s Croton on Hudson office.
During the 1870s, coinciding with the invention of indoor plumbing, a tower was built to accommodate two bathrooms. “It adds a certain visual aesthetic,” says Watters, “but it’s also practical.”
A kitchen wing was added around that same time, replacing the prior kitchen, which was, true to the period, outdoors. A carriage house, pool, and summerhouse are included in the sale. All materials, from millwork to brick—with the exception of some of the flooring—are original to the home.
Although the estate is move-in ready and in immaculate condition, maintaining it will be a constant theme over the coming years. “Buyers, at this level, are well aware: At this price point and historic significance, it comes with a price,” says Watters.
Who would be the ideal owner to write the next chapter in this home’s history? Watters thinks it could be used as a weekend or country home for someone living in New York City, which is a 90-minute train ride away (to Grand Central Station).
The U.S. Military Academy (West Point) is directly across the Hudson River and an 18-minute trip by car. Nearby Cold Spring (4 miles to the north) provides nightlife, restaurants, and shops, says Watters.
“The buyer’s going to be one of two things—from New York City, or here in Garrison looking to move up,” says Watters.
In Garrison, the average listing price is $550,000, although last year, the highest-priced home sale in the town was $3.8 million, says Watters.
“Today, it’s definitely affluent in Garrison,” he says, “and (there are) still commuters (to New York City) but (these are) folks who don’t have to commute too often. There’s not a lot of (historic homes in Garrison), and they definitely don’t hit the market that often.”