Home #Hwoodtimes Waterfront Mansion on Connecticut’s Gold Coast!

Waterfront Mansion on Connecticut’s Gold Coast!

The largest town on Connecticut’s “Gold Coast” (so named for its affluence), Greenwich is a waterfront community on the Long Island Sound, home to wealthy bankers and CEOs who commute to nearby New York City. Originally settled in 1640 by Daniel Patrick and Robert Feake who bought the land from the Siwanoy Indians in exchange for 25 coats, Greenwich has been home to many billionaires and two of the wealthiest zip codes in the country with an average income over $700,000 and a median home price of $2.3 million. Greenwich is known for its high concentration of hedge funds and the opulent estates along its coastline. Its most expensive home, a Georgian Colonial-style mansion, has recently come on the market at $49.5 million.