The was two-decades of depreciation?
Celebrity Net Worth headline: Paul Simon And Edie Brickell Sell Connecticut Estate For $10.8 Million – A Big Number, But Actually A $6 Million LOSS
By Joseph Gibson on July 22, 2022 in Articles › Celebrity Homes
Married music legends Paul Simon and Edie Brickell have sold their sprawling 32-acer estate in New Canaan, Connecticut for $10.8 million. Not exactly chump change, but unfortunately that’s about $5.7 million less than the $16.5 million Simon and Brickell paid for the property about two decades prior.
The property was originally listed in 2019 for $13.9 million.
As for the property itself, it’s known as Brookwood, and you shouldn’t let its price drop over the last 20 years give you the wrong idea. This is still a handsome piece of real estate, with a Georgian-style main house designed by architect Harold R. Sleeper all the way back in 1938. There’s also a guest cottage that the property’s official listing describes as “private and character-filled,” with 1,483 square feet of interior space and its own private driveway. The listing goes on:
“Advantageously situated to appreciate the majestic setting, the elegant 5-bedroom main residence, built in 1938 by esteemed architect Harold R. Sleeper, features resplendent period details, soaring ceilings, captivating fireplaces, oversized windows, hand crafted millwork and an abundance of natural light. Grand formal rooms flow to terraced patios, perennial gardens and stepping stones that run down to the pool, waters’ edge and the rambling, bucolic property. A separate 3-bedroom cottage offers a quintessential escape to be as creative and self-indulgent or as engaging and social as you wish.”