Llangollen, a historic property in Upperville, Virginia, that dates again to 1795, is in the marketplace for $27.5 million.
Listed within the Nationwide Register of Historic Locations, or NRHP, in August 2017, the 1,100-acre property is situated on the foot of the Blue Ridge Mountains. Along with the principle 12,500-square-foot manor, there are 17 different buildings on the grounds.
The home is owned by Donald Brennan, the previous head of Morgan Stanley Capital Companions, Bloomberg reported in 2019. He purchased the residence in 2006 for $22 million.
“Once I first noticed Llangollen, it struck me as simply magical. By no means earlier than had I seen a construction which was so snug in its setting,” Brennan advised Insider by way of the itemizing agent, Peter Leonard-Morgan with Sotheby’s Worldwide Realty.
Brennan first put the home up on the market in August 2019 for $34 million, itemizing data present. Over the following two years, its value was incrementally reduce down by $6.5 million, bringing it to its present value of $27.5 million.
The median itemizing residence value in Upperville, Virginia, is $1.7 million, per Realtor.com. There are at present 9 single-family properties on the market, and Llangollen is the most costly itemizing within the space.