Richard Breeden, known as 'King Richard' while leading the Securities and Exchange Commission, has purchased the 32-acre Knox County estate in one of Maine's most expensive home sales ever.
See Most Expensive House Ever Sold in Cumberland County
The
Sun Journalreported that Eliot Cutler is downsizing and sold his giant mansion in Cape Elizabeth for less than the asking price at 7.6 million dollars. The asking price was 11 million last April.
Even with a price cut, it was the most expensive single-family home every sold in Cumberland County since Maine Listings started keeping track in 1996, the newspaper stated, and it was the seventh-highest home sale price ever recorded in Maine.
What do you get for 7.6 million dollars?
Jonathan Bush Jr., nephew of one former president and cousin of another, got a private beach, heated pool, tennis court, wine cellar and a 4 bedroom guest house, according to the Sun Journal.
See Most Expensive House Ever Sold in Cumberland County
The
Sun Journalreported that Eliot Cutler is downsizing and sold his giant mansion in Cape Elizabeth for less than the asking price at 7.6 million dollars. The asking price was 11 million last April.
Even with a price cut, it was the most expensive single-family home every sold in Cumberland County since Maine Listings started keeping track in 1996, the newspaper stated, and it was the seventh-highest home sale price ever recorded in Maine.
What do you get for 7.6 million dollars?
Jonathan Bush Jr., nephew of one former president and cousin of another, got a private beach, heated pool, tennis court, wine cellar and a 4 bedroom guest house, according to the Sun Journal.
Eliot Cutler’s mansion sold to Bush family member for $7.6 million
The 2-time Maine gubernatorial candidate is downsizing, after selling the 15,000-square-foot oceanfront home in Cape Elizabeth to Jonathan Bush Jr.
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In a year of record-setting residential home sales, former gubernatorial candidate Eliot Cutler s oceanfront home in Cape Elizabeth sold for $7.55 million, the highest price ever recorded for a single-family dwelling in Cumberland County. Photo by Maine Aerial Photography Services, LLC
Finally, a home in Maine’s red-hot real estate market sold for less than its list price.
Even so, it fetched a sum higher than any other single-family dwelling in Cumberland County since Maine Listings, a subsidiary of the Maine Association of Realtors, began keeping records in 1996. It also was the most expensive sale statewide in 2020, and the seventh-highest home sale price ever recorded in Maine.