Time to bid?
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Back in March, I mentioned that Mr. Kline’s home at 131 Pecklsand Road was on the market, priced at $10.750, and although encumbered with some $30 million in liens and attachments filed by angry chumps and the IRS, in view of his guilty plea to fraud charges in 2021, there might be a deal available. The listing was pulled from the market the next day, but the house hasn’t gone anywhere, so maybe you’ll want to contact former listing agent Brian Milton at Compass — I don’t believe Mr. Klein will be accepting many calls for the foreseeable future — and see if a deal can’t be had.
The listing may have been pulled, but Milton’s description of the home lives on:
One of the most iconic homes in all of Greenwich is on the market for the first time in 25 years. Infused with a unique history, this mid country estate was designed by the Twachtman brothers, famed 19th century architects. Their influence was the nature that surrounded the homes they created, as depicted in the allee of chestnut trees lining the path through the 3.8 lush private acres. This brick English country home offers spaces both timeless and inviting. Outdoor amenities include a pool, pool house and clay tennis court. Conveniently located to downtown Greenwich and less than an hour from NYC. This home was featured in the 2014 Michael Douglas movie 'And So It Goes'.
A gracious front to back entry foyer opens to classic living room, dining room and wood paneled library. An addition/renovation in 2000 added a gracious scullery kitchen, family room and guest wing. The primary suite with fireplace includes two full baths and dressing room. Three additional ensuite bedrooms complete the second floor. The third floor offers finished recreational space with a full bath.
Klein won’t be needing this for a while
nor will he be wearing cashmere sweaters
Details:
A Greenwich real estate developer whose business went bust in a market downturn and who was accused later of swindling $1.5 million from friends and associates, was sentenced in federal court Tuesday to three years in prison.
Samuel Klein, 66, lived in a multi-million dollar mansion in the Greenwich back country and collected sums ranging from tens to hundreds of thousands of dollars from friends and associates on promises that he could make substantial and in some cases guaranteed profit on real estate deals.
Instead of investing the money as he promised, federal prosecutors said Klein spent much of it on his family and himself. Among other things, prosecutors produced records in court showing that Klein spent $194,000 on five brief, days-long getaways to the Amangani Resort in Jackson, Wyoming, and another $60,000 on chartered air travel.
Klein previously pleaded guilty to one count of interstate transportation of property taken by fraud and one count of money laundering.
Federal prosecutors said Klein stole to subsidize a lifestyle he could not longer afford.
“Klein prioritized his own lavish lifestyle which included accommodations at an exclusive resort and staggering credit card expenditures,” prosecutors said in a court filing. “He spent far beyond his means, and funded some of his extravagance with victim investors’ funds, which he plowed through at an aggressive clip.”
