Greenwich mansion owner will accept cryptocurrency for home purchase

A Greenwich mansion listed for sale at $6.5 million has become the first in its town to accept a cryptocurrency transaction.

According to a CNBC report, the unidentified owner of 241 Bedford Road will accept either Bitcoin or Ethereum payment for the 4.3-acre farmhouse compound. According to the property’s listing agent, Kevin Sneddon of Compass, the cryptocurrency option reflected the owner’s investing focus.

“It’s not like a gimmick,” said Sneddon. “Not only does my client hold a lot of cryptocurrency, she actively trades a fair amount of it on a daily basis.”

The main residence on the property dates back to 1835 and is known as the Levi Ireland house – it is a designated Greenwich Landmark with five bedrooms and four bathrooms. The property also includes a three-bedroom carriage house, a one-bedroom cottage and what the listing refers to as a vintage ”party barn.”

The property last changed hands in May 2009 for $3.4 million.

Photo courtesy of Zillow

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Phil Hall’s writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release “Moby Dick: The Radio Play” and the upcoming “Jesus Christ Movie Star,” both published by BearManor Media). He is also the host of the SoundCloud podcast “The Online Movie Show,” co-host of the WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog, Profit Confidential, The MReport and Outside of journalism, he is also a horror movie actor – usually playing the creepy villain who gets badly killed at the end of each film.