$30M for Katharine Hepburn’s Compound

The long-time home of screen legend Katharine Hepburn is for sale for a whopping $30 million, reports The Wall Street Journal. The Connecticut property originally hit the market last summer with a $28 million price tag attached. Why the 7% increase? The owners are reportedly in the process of building a 2,750 square foot gatehouse. While no photos are available of the new addition, we imagine it must be one swanky gatehouse to necessitate a $2 million increase in list price.

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The long-time home of screen legend Katharine Hepburn is for sale for a whopping $30 million, reports <a href="http://online.wsj.com/article/SB10001424052702303404704577311553441491704.html?mod=WSJ_GoogleNews" target="_blank">The Wall Street Journal</a>. The Connecticut property originally hit the market last summer with a $28 million price tag attached. Why the 7% increase? The owners are reportedly in the process of building a 2,750 square foot gatehouse. While no photos are available of the new addition, we imagine it must be one swanky gatehouse to necessitate a $2 million increase in list price.
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The completely renovated property is 8,300 square feet and boasts stunning waterfront views from many rooms in the home.
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A view of the private dock that sits on the property's 680 feet of waterfront on the Long Island Sound. The Wall Street Journal reports that current owners of the home are hoping to secure approval to build a third house on the property.
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A look at the magnificent double-height foyer. The home is being sold by Barbara and Frank Sciame who bought the residence in 2004 for $6 million and then proceeded to completely renovate the spread.
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A view of Katharine Hepburn's gorgeous and pristine living room. The Hepburn's owned the 3.5-acre property from 1913 on.
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Katharine Hepburn's long-time kitchen that boasts a double farm house sink, a breakfast bar, marble countertops, and white wooden cabinetry.
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A view of the bright and open dining room.
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Hepburn is known for sharing the screen with such legends as Cary Grant (in "Bringing Up Baby," "Holiday," and "The Philadelphia Story"), Humphrey Bogart (in "The African Queen") and John Wayne (in "Rooster Cogburn"). She also won four Best Actress Oscars.
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The Sciame's originally planned to renovate the Old Saybrook, CT spread and flip it back onto the market. Instead, after the renovations the couple "fell in love with it" and ended up spending the summers there, according to the Wall Street Journal.
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The home boasts this covered dining patio, a perfect location to catch that wonderful ocean breeze.
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The Hepburn estate features six bedrooms, three of which are suites. This one boasts spectacular views of the Long Island Sound.
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This master suite includes exposed brick, a separate lounge area, and a vaulted ceiling.
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A view of the master bath. The home has 7.5 bathrooms total.
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The ultra private retreat will not leave you bored. There is golfing, tennis, boating activities, and a long stretch of sandy beach.
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A view of the home's private beach.
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