The Connecticut estate of fashion icon Vince Camuto will be auctioned off online next month.
Camuto, a shoe designer and executive who co-founded Nine West and is also known for his eponymous shoe brand, restored the 1927 Greenwich estate, called Chateau Ridge. After Camuto died in 2015 at age 78, the property was listed for $25 million and will now sell to the highest bidder with no reserve.
The home is being auctioned by Concierge Auctions in partnership with Shelly Tretter Lynch and Kimberly Johnson of Compass. Bidding will be held from August 12 to 15 via the company’s digital marketplace, ConciergeAuctions.com.
Auctions have become a favored way to sell luxury homes and estates as the market has become saturated with high-end properties.
Greenwich has also become a popular area for New Yorkers fleeing the city.
“I decided to bring my property to auction with Concierge Auctions and Compass because of their global reach and network, paralleled with the Greenwich market experiencing a resurgence of active buyers,” said Camuto’s wife, Louise Camuto, formerly chief creative officer at Camuto Group. “I’ve been here for a long time, and we have loved living here. This is the perfect place to raise a family, and I look forward to the new owner enjoying this property as much as we have over the years.”
The 4.6-acre estate is located in Greenwich’s backcountry, a few miles from the Westchester County Airport.
“The house is very secluded in a sense because it’s 23 acres of both our land and Boy Scout land that no one can build on all around,” Louise Camuto said. “However, (downtown) Greenwich is very close; just 15 minutes away.”
The 16,300-square-foot home has a pool complex with a private grotto leading to a great room that features a 40-foot night sky ceiling, limestone fireplaces from a French monastery and a private study by 17th-century master woodcarver Grinling Gibbons. The property features parterre gardens with box tree mazes and Har-Tru tennis courts next to a two-story tennis house.
The Greenwich estate is one property in the Camuto real estate empire. The Camutos’ Hamptons estate, dubbed Villa Maria and originally listed in 2008 for $100 million, last asking $72 million in 2016, sold for $49 million two years later.