This 19th century Millbrook-area farm is listed with Candy Anderson of H.W. Guernsey Realtors in Millbrook for $9,750,000. The residence sits on more than 77 acres and includes a main residence with a 1930's Art Deco theatre, plus a carriage house, separate gym, heated swimming pool and racquet ball court. / Courtesy photo
The library at Cantagree. / Courtesy photo
Fifteen million. $18.4 million.
The top two of the 10-highest priced homes that sold in Dutchess County last year were for the records, first in February, then in March. Apparently, the county has what luxury home buyers are looking for: acreage, privacy, size and amenities.
Sandy Tambone, executive officer with Mid-Hudson Multiple Listing Service in Poughkeepsie, which tracks local home sales, said although large multimillion-dollar home sales aren’t typical in Dutchess, the real estate market has no “normal.”
“The market is alive and it’s moving,” said Tambone. “While it does have trends, it’s ever-changing.”
According to Tambone, homes priced correctly sell the fastest, with most of the current market activity in the $200,000-to-$300,000 range as well as homes costing $1.1 million and higher.
Of the 10 highest-priced homes sold in Dutchess County last year, which ranged from $1.6 million to $18.4 million, six were in the Town of Washington, and one each in Red Hook, Stanford, Beekman and Tivoli.
A lot of the houses, Tambone said, were high-end properties sited on farms with plenty of acreage.
Anthony Cutugno, senior vice president of luxury country properties for Houlihan Lawrence, said Dutchess County’s rural appeal, especially in Millbrook and Rhinebeck where zoning laws protect open space, attracts buyers looking for luxury properties where they can get away and relax.
“The Dutchess market is really beginning to hop a bit,” Cutugno said. “The weekend buying is coming back into the picture.”
The Taconic State Parkway, he said, provides counties to our south with a beautiful and easy ride to this area, a draw to people who have become tired of Long Island’s traffic to get to vacation homes in the Hamptons.
Cutugno said, in general, homes costing $1.5 million or more are considered luxury properties, with price being the primary consideration.
“The luxury buyer is always quality-conscious,” he said. “They’re looking for well-built, well-designed (homes).”
The desired site, home style and size, along with the amenities, are specific to the buyer.
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