Litchfield Hills Sotheby’s International Realty Announces Another Record Breaking Sale

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The Arrow Point sale is one of several significant sales recently recorded in the County.

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The Arrow Point sale is one of several significant sales recently recorded in the county. Sure signs that a more robust market is returning to our area.

A Lake Waramaug property, listed by Litchfield Hills Sotheby's International Realty was sold last week at the record-breaking price of $5,600,000. The sale of 41 Arrow Point Road, Warren, Connecticut, represents the highest price year-to-date in the county and the highest ever for the Town of Warren based on the Connecticut Statewide Multiple Listing Service. After only two weeks on the market the Litchfield Hills Sotheby's Listing Broker, Karen Silk, received multiple offers on the property. "Seeing so much activity at this price point in Litchfield County is very exciting for our marketplace" said Silk. The stunning, architecturally designed lakefront estate offers privacy, views, exquisite detailing, private dock and mooring on prestigious Lake Waramaug.

This is the second record breaking, and notably quick, sale this summer for Litchfield Hills Sotheby's International Realty which also represented both the buyers and sellers of an iconic home in Litchfield designed by legendary Bauhaus architect Marcel Breuer that sold for $2,950,00 after only a few weeks listed with the firm. That was the highest sale in Litchfield since 2005.

"The vitality of the high-end market in Litchfield County is crucial to the overall health of the marketplace. The Arrow Point sale is one of several significant sales recently recorded in the county. Sure signs that a more robust market is returning to our area," said Carolyn Fugere, Vice President for Litchfield Hills Sotheby's International Realty. "I have not been this optimistic since 2006," said Paul Breunich, President and CEO of William Pitt Sotheby's International Realty. “Consumer confidence is rising and our feeder markets such as New York City, Fairfield County and Westchester County are up anywhere from 12 to 23 percent.”

Litchfield Hills Sotheby’s International Realty serves the fine home market throughout Litchfield County, Connecticut with 55 full-time sales associates in offices located in Washington Depot, Lakeville, Kent and Litchfield. It is part of William Pitt Sotheby's International Realty, the largest Sotheby's International Realty affiliate globally and the 3rd fastest growing real estate company nationally. Visit them on the web at http://www.litchfieldhillssir.com

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About Litchfield Hills Sotheby’s International Realty

Litchfield Hills Sotheby’s International Realty serves the luxury home market throughout Litchfield County, Connecticut with a total of 49 full-time sales associates in four offices located in Washington Depot, Salisbury, Kent and Litchfield. Affiliated with Sotheby’s International Realty® since 2002, the Litchfield County offices became part of William Pitt Sotheby’s International Realty in 2009 as Litchfield Hills Sotheby’s International Realty. Founded in 1949, William Pitt Sotheby’s International Realty manages a $2.6-billion-plus portfolio with more than 1,000 sales associates in 28 brokerages spanning Connecticut, Massachusetts and Westchester County, New York. William Pitt Sotheby’s International Realty, combined with partner firms Litchfield Hills Sotheby’s International Realty and Julia B. Fee Sotheby’s International Realty, is now the largest Sotheby’s International Realty affiliate globally, the third-fastest-growing real estate company nationally, and the 23rd-largest real estate company by sales volume in the United States. A full-service real estate firm headquartered in Stamford, Connecticut, William Pitt Sotheby’s International Realty provides ancillary services including commercial services through its affiliation with Building and Land Technology, a second-generation development company based in Stamford, Connecticut; William Pitt Mortgage; William Pitt Insurance Services; and an award-winning global relocation division. For more information about Litchfield Hills Sotheby’s International Realty, visit the website at litchfieldhillssir.com.

Sotheby’s International Realty’s worldwide network includes more than 12,000 sales associates located in 660 offices throughout the United States and 47 other countries and territories.

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Carolyn Fugere, VP, Regional Manager
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