$14.9M Palatial Estate in Connecticut Priced to Break Local Record

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$14.9M Palatial Estate in Connecticut Priced to Break Local Record
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The brick-and-limestone residence, built in 1929, is the most expensive home for sale in New Canaan with a $14.9 million price tag.

, told CNBC the neighborhood attracts high-level executives and that she's confident the property's sale price will smash the local record. That was set in 2014, when a 14,000-square-foot mansion on 52 acres sold for $14.3 million, according to public records.

Orchard's End sits on a smaller lot than the mansion that set the current record, but delivers more living space. The meticulously manicured property spans over 6.2 acres and includes 25,000 square feet across three structures. The residence boasts 35 rooms, 12 bedrooms, 16 baths, a resort-sized pool and outdoor basket ball court.Malloy told CNBC the estate has undergone changes over the decades, with past owners making significant upgrades and dramatic expansions.

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