After years of swings and misses, the Yankees legend Derek Jeter has lastly discovered a purchaser for his compound in Orange County, N.Y. — after it was re-listed for lower than half of its unique asking value.
The four-acre lakefront house in Greenwood Lake, N.Y., often known as Tiedemann Citadel, went into contract on Might 25, two years after it didn’t promote at public sale, and 6 years after the Corridor of Fame shortstop initially market it for greater than $14 million. The asking value was slashed to $6.3 million this yr, and the sale is at present pending.
The itemizing agent, Diane Mitchell of Wright Brothers Actual Property, declined to touch upon the specifics of the deal, however stated that she is “thrilled” that it’s lastly underneath contract. The property includes three totally different parcels, based on the itemizing, together with a primary home, guesthouse, pool home and boat home. At greater than 12,500 sq. ft, it has six bedrooms and 13 loos.
Constructed greater than a century in the past, the house’s distinguishing options are huge and lavish. There are 5 kitchens (4 indoor, one outside), a lagoon, an infinity pool formed like a baseball diamond, a recreation room and turrets. It has been in comparison with a medieval fort.
Mr. Jeter purchased the property within the early 2000s, on the peak of his baseball profession. He initially listed it for $14.25 million in June 2018. In 2022, it went to public sale, at which level Ms. Mitchell, who was the itemizing agent then as effectively, stated in an announcement that “the proprietor is severe about promoting as a result of the proprietor spends most of his time at different family-owned properties.” The public sale, which had a minimal bid of $6.5 million, was unsuccessful, and the property was listed once more final month.
Lately, Mr. Jeter has been reshaping different elements of his actual property portfolio as effectively. In 2020, he listed his custom-built, 30,875-square-foot mansion in Tampa, Fla., for $29 million. It bought the next yr for $22.5 million, changing into the area’s most costly house sale on the time. Final yr, The Tampa Bay Occasions reported that the house was set to be demolished and changed with new mansion.
Within the village of Greenwood Lake, which is round 50 miles north of Manhattan, the median itemizing value is $475,000, based on Realtor.com.
For Mr. Jeter, who was born in Pequannock Township, N.J., and grew up in Michigan, the property holds sentimental worth. His grandfather, William “Sonny” Connors, was the adopted son of John and Julia Tiedemann, who beforehand owned the house, and the longer term Yankee captain spent summers there, based on Ian O’Connor’s 2011 e book, “The Captain: The Journey of Derek Jeter.” On the time, Mr. O’Connor wrote, he “was not in search of an opportunity to swim as a lot as he was in search of a companion in a recreation of catch.”
