A Westport, Connecticut property that captured the internet’s attention earlier this year is poised for a dramatic transformation. The home at 11 Beachside Common, which went viral on TikTok for its unique architectural features, has been sold to developers who plan to demolish the existing structure and build a new, sprawling estate. The buzz surrounding the property isn’t just about its initial design, but now, about the anticipated cost of the replacement – a question that’s sparked considerable speculation online.
The original home, formerly owned by biotech entrepreneur Alan Walton and his wife Elenor, quickly gained notoriety for its whimsical design elements. Videos showcased a 150-foot handmade tile path, distinctive domes, portholes, skylight tubes, and a striking floating staircase. The property’s unusual charm resonated with viewers, but its fate was sealed last October when it sold for $5 million, according to Westport property records. The sale came with the understanding that the existing house would be torn down to make way for new construction.
A New Estate Takes Shape
Now, the plans for the new construction are becoming clearer, and with them, the question of price. The listing, held by Berkshire Hathaway HomeServices New England Properties, details a planned 12,948-square-foot home with an estimated completion date of mid-2027. Potential buyers are offered the “opportunity to collaborate with the builder to customize finishes and create a home that reflects your personal lifestyle,” as stated in the listing. The scale of the project is substantial, promising eight bedrooms, eight full bathrooms, and two half bathrooms spread across four levels.
Beyond the sheer size, the new estate will boast a range of luxury amenities. Plans include two swimming pools, a cold plunge pool, a spa, an infrared sauna, a fully-equipped fitness center, and a garage capable of accommodating up to 10 vehicles. The property’s location offers panoramic views of Sherwood Island, Burying Hill Beach, and Long Island Sound, adding to its appeal. Listing agent Andrew Whiteley described the original property as “truly one of a kind and one of the most fun homes we have ever represented,” in an email to CT Insider.
The Million-Dollar Question: What Will It Cost?
While an official price for the completed property hasn’t been released, industry experts and online observers are attempting to estimate the final cost. Given the size, location, and planned amenities, the new construction is expected to command a premium price. The cost of construction in Westport, Connecticut, is significantly higher than the national average, driven by factors like labor costs, material prices, and permitting fees. According to recent data from HomeAdvisor, the average cost to build a custom home in Connecticut ranges from $200 to $400 per square foot.
Applying this range to the 12,948-square-foot planned home yields a construction cost estimate between $2.59 million and $5.18 million. However, this figure doesn’t include the cost of the land, which was already purchased for $5 million. It also doesn’t account for potential customization options chosen by the buyer, which could significantly increase the overall price. High-end finishes, landscaping, and the specialized amenities like the pools, spa, and fitness center will add substantially to the final tally.
Several online discussions, particularly on platforms like TikTok where the original property gained traction, suggest estimates ranging from $15 million to upwards of $25 million. These figures are largely speculative, but reflect the perceived value of the location and the level of luxury being planned. The unique challenges of building on a coastal property, including potential environmental regulations and the need for specialized construction techniques, could also contribute to higher costs.
Westport’s Luxury Market and Future Development
The development at 11 Beachside Common is indicative of the broader trends in Westport’s luxury real estate market. The town is known for its affluent residents and high property values, and demand for large, custom-built homes remains strong. The area attracts buyers seeking privacy, proximity to New York City, and access to coastal amenities. The median home sale price in Westport was $1.6 million in December 2023, according to Redfin, demonstrating the area’s consistently high property values.
The demolition of the original home has sparked some debate among architecture enthusiasts and those who appreciated its unique character. However, developers often argue that replacing older structures with new, modern homes is necessary to meet the evolving needs of the market. The new construction at 11 Beachside Common is expected to set a new standard for luxury living in Westport, and its final price will undoubtedly be closely watched by industry observers and potential buyers alike.
As of January 26, 2024, the property remains listed for sale, with the builder open to collaboration on design details. The estimated completion date of mid-2027 provides a clear timeline for the project’s progression. Interested parties can find more information and contact the listing agent through Berkshire Hathaway HomeServices New England Properties.
Disclaimer: This article provides information about real estate and construction costs for general knowledge purposes only and should not be considered financial or investment advice. Consult with qualified professionals before making any real estate decisions.
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