Thursday 12 March 2020

Former AOL CEO Tim Armstrong Selling $26.75M Waterfront Mansion in Connecticut

Houlihan Lawrence; Christophe Morin/IP3/Getty Images

Former AOL CEO Tim Armstrong has listed his posh property in Riverside, CT, for $26.75 million. 

Armstrong and wife Nancy bought the choice 2.2-acre plot in 2008 for $10.4 million and reportedly spent millions more to build a custom estate. Located on a lake that opens to Long Island Sound, the property features amazing water views.  

“Everything feels very generous and flowing,” says listing agent Doron Sabag of Houlihan Lawrence, who was also the homebuilder. “But it’s not so big that you’re lost in some mansion. It still feels like a family home.”

The shingle and stone home was designed by architecture firm Shope Reno Wharton, and the interiors were designed by Victoria Hagan.

Tim Armstrong’s Connecticut home

Houlihan Lawrence

Entry

Houlihan Lawrence

Formal dining room

Houlihan Lawrence

Living room

Houlihan Lawrence

Casual dining bar

Houlihan Lawrence

Spacious kitchen inspired by the film “Something’s Gotta Give”

Houlihan Lawrence

Outdoor space

Houlihan Lawrence

Waterfront property

Houlihan Lawrence

The 11,365-square-foot mansion has six bedrooms and 7.5 bathrooms. It features a formal dining room, living room, and open kitchen with bar seating. The walk-out lower level includes a lounge, bar, wine wall, and game room leading to a lower terrace and infinity pool overlooking the water. The elevated outdoor space also includes lawns and gardens. 

“Most rooms are facing the water,” Sabag says. “When you’re inside, you have the illusion of more space. It’s captivating.”

According to Sabag, Nancy’s custom requests included a fantasy kitchen from Nancy Meyers‘ film “Something’s Gotta Give.”

Tim’s oak-paneled office with fireplace was designed to be “very masculine,” adds Sabag. “I’d say his office was his safe haven.”

The home may look familiar to fans of the TV show “Billions.” In one early episode of the Showtime drama, the show featured an aerial shot of the Armstrong estate to represent the Greenwich home of billionaire Bobby Axelrod (played with relish by Damian Lewis).

Sabag says the Armstrongs, now empty nesters who own other homes, have decided to downsize.  

In addition to heading AOL, Tim was a former Google ads chief. He is founder of the dtx company.

Doron Sabag and Jim Hoffman of Houlihan Lawrence hold the listing.

The post Former AOL CEO Tim Armstrong Selling $26.75M Waterfront Mansion in Connecticut appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/celebrity-real-estate/tim-armstrong-selling-waterfront-mansion-in-connecticut/

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