Greenwich estate owner will accept bitcoin or Ethereum cryptocurrency as payment for $6.5 million property

Main residence at 241 Bedford Rd in Greenwich, CT

If this real estate listing is any indication, the Gold Coast of Connecticut might soon become the Crypto Coast.

The first such listing of its kind in the wealthy town is being offered by the owner of a Greenwich estate, who is willing to accept cryptocurrencies as payment for its $6.5 million asking price.

The owner of the 4.3-acre farmhouse compound on Bedford Road has a background that explains the unusual offer and their comfort level in taking digital currency.

Kevin Sneddon, the listing agent for the property, told CNBC in an interview that it is not a gimmick.

She actively trades a fair amount of it on a daily basis.

Since the beginning of the year, the prices of the two virtual currencies have declined.

The seller would be accepting a risk of further decline in the price of the property if she did not immediately sell off thecryptocurrencies for cash.

A number of prior real-estate listings have required the buyer to convert thecryptocurrencies to cash before the sale closes.

The description of the estate makes it clear thatELLER will accept cryptocurrENCY, in all-capital-letters type.

Main residence on the left with one bedroom guest-cottage in the foreground.

Sneddon said that the seller intended to hold the payment in cryptocurrencies.

Sneddon said that she was not going to turn it over and convert it to something else.

Sneddon is hoping that his seller's willingness to accept payment in digital currency will help him sell the property.

He said that they would want to come up and consider this house because they take their currency.

Sneddon noted that someone asked him what kind of coin she would take.

The fact that the seller in the old home will accept digital currency at the closing has brought more attention to it, as well as inquiries from potential buyers.

Sneddon said his private-minded seller isn't interested in any of the extra attention focused on her.

He said that the buyer wouldn't want their names out there.

Aerial view of the farmhouse compound in Greenwhich, CT

Public records don't show the identity of the homeowner.

In 2009, the property was sold for over $5 million.

It was bought by a limited liability corporation called BEDFORD ROAD HEIGHTS.

Kitchen in main residence

Anson McCook Beard Jr., a retired Wall Street bigwig, is the brother of the late photographer and artist Peter Beard.

Beard worked at Morgan Stanley. The investment bank hired him in 1977 to launch its private client services division.

The compound up for sale is in the north-western part of Greenwich, which is close to the Connecticut and New York state borders.

The equestrian countryside is an area of town where neighbors tend to have their third, fourth, or even fifth home set aside for weekend retreats.

The agent said that the Levi Ireland House is a landmark located at 241 Bedford Road.

The property’s “party barn.”

The main house has five bedrooms, three baths, and a powder room.

There is a carriage house with three bedrooms, a one-bedroom guest cottage, and an old barn on the property.

The party barn is wired for electricity but has an unfinished interior.

Primary bedroom in main residence with Porsche lighting in the ceiling.

Sneddon said the new owner might want to convert it into stables for horses, since it is a great space for throwing a bash.

Sneddon said that the Levi Ireland House is packed with modern comforts.

Since Andrew Jackson was president, a lot has changed on the estate.

It has Lutron lighting, automatic shades, and it has aPorsche pinhole lighting.

According to Sneddon, his client told him that the German car-maker-designed fixtures cost her $2,800 per light and that many of her hi-tech splurges were inspired by the Covid-19 outbreak.

When New York went into a state of emergency due to the Pandemic, his client and her family retreated to their home in the hills.

When weeks turned into months, his client decided to turn the home into a full-week residence where she and her family could live and work from home.

One of the main residence’s four guest bedrooms.

Sneddon said it was important for the owner to be able to trade in real-time from anywhere on the property, so she equipped the residence with a top-shelf wi-fi system that delivers high-speed internet to every corner of the expansive estate.

A Covid-inspired heating and cooling system with a virus-killing air purifier was installed by the homeowner.

Pool and an outdoor dining area.