A more than 14,000 square foot mansion in Lake Geneva, Wisconsin, went on sale Friday for $ 39.25 million, making it the state’s most expensive home for sale.
The house, called Glanworth Gardens and which has only been traded three times in the past 115 years, was owned by the late investment manager Richard Driehaus. This is one of the most well-known properties in the area, according to David Curry of Geneva Lakefront Realty. He shares the list with Tim Salm of Jameson Sotheby’s International Realty.
“Lake Geneva is by far the richest market in the Midwest,” said Mr. Curry. “And this is the first house on the lake.”
The large Georgian-style mansion sits on a 40-acre estate that offers “incredible privacy,” he added, as well as stunning lake views, two docks, impressive French gardens and a easy access to a private airport just 20 minutes away. . Lake Geneva is approximately 80 miles from Chicago.
Completed in 1906, the mansion was designed by Boston architectural firm Shepley, Rutan and Coolidge for Harris Trust and Savings Bank founder Norman Wait Harris and his wife Emma, according to the agent. They named him Wadsworth Hall, apparently after Henry Wadsworth Longfellow, a distant relative.
Mr Driehaus, the founder of Driehaus Capital Management, who died in March at the age of 78, bought the property in 1998 for around $ 5 million, renaming it after his mother’s birthplace in Glanworth, in Ireland, according to a 2018 article on the property in At le Lac, Magazine Région des Lacs Lémaniques.
“I walked into the house and saw this big, big room, which would have been the entrance hall,” he said in the article. “Then I took a right into the library and saw all this beautiful oak tree crossed… Then I went into the dining room and saw the ceilings. And that’s when I said, “That could be it.”
Mr. Driehaus, originally from Chicago, has undertaken a major restoration of the property, seeking to preserve the historic estate as well as create an oasis for his family. Almost every aspect of the estate has been updated or restored.
He was famous in the region for hosting lavish summer birthday parties that ended with fireworks, according to the article. For his 65th birthday, for example, he dressed up as a ringleader and entered the party riding an elephant.
Behind two-story Corinthian columns, the residence features include 13 bedrooms, 15 bathrooms, a marble fireplace, ornate moldings, hand-painted ceiling patterns, 13 fireplaces, and a wood-paneled desk, according to the listing. . There is also a four bedroom, four bathroom guesthouse.
The land was originally designed by the Olmsted Brothers, a landscape architectural firm founded in 1898 by the sons of landscape architect Frederick Law Olmsted, who designed New York’s Central and Prospect Parks. They include formal gardens, lakes, walking paths and sculptures, and the estate is surrounded by forest.
The estate also has a “children’s village” with a one-bedroom thatched-roof cottage built by Irish artisans, Mr Curry noted. There are also several gambling dens, including an ice cream parlor.