A listing renewed

NYT, June 22, 1928: GREENWICH, Conn. Archie M. Andrews of Chicago and Pasadena, a well-known yachtsman, has purchased the residence here of Harry H. Frazee, New York theatrical producer. Mrs. Andrews, who has been living in New York City recently, already has taken possession. The property was held at $300,000. Mr. Frazee purchased the residence about two years ago. Known as Freestone Castle, it was built some twenty years ago. Mayor Walker of New York frequently has visited Mr. Frazee here. The sale was made by Allaben & Co., Inc.

The listing for 17 Hemlock Drive expired yesterday and it’s back up today. 1913 construction, with a 13,500 sq. ft. main house and an additional 6,500 sq. ft. dedicated to servants quarters and assorted other dependencies. 4 acres, $9.850 million.

With Leona Helmsley dead, I’m not sure there’s a buyer for this stonepile. Someone did buy it in 2017, paying $5.5 million on its 2015 asking price of $11, but are there any more like him around?

The listing hints that this property’s highest and best use may be four condo units which can be built here, but whether that means built inside the castle, or on the grounds after the buildings have been razed is unclear, to me. Either way, you probably have lots of time to figure it out.