Stockbridge estate fetches $3.2M

Posted
Saturday, December 29
STOCKBRIDGE — A New York City couple are the new owners of the sixth most expensive residential property sold in Berkshire County history.

Boulder Farm, an 11-acre Colonial Revival estate surrounded by sweeping South County views, sold for $3.2 million on Dec. 17 to Richard and Mica Hadar of East 69th Street in Manhattan.

The previous owners, Daniel T.M. Dempsey and Steven J. Rufo of Richmond, purchased the property from Eleanor Y. Lord in May 2004 for $1.05 million. Dempsey, a high-end interior designer, and Rufo, who works for AGI Polymatrix, a division of MeadWestvaco Corp., performed extensive renovations on the 1830 estate that abuts Ice Glen.

Dempsey said that much of the historic details were retained, even though significant square footage was added and the amenities modernized. A large pool was constructed in the yard, which frames impressive views of Monument Mountain and Beartown State Forest.

"We put a lot of time into it," Dempsey said. "We loved that property."

With this sale, three of the top six priciest homes sold in Berkshire County changed hands in 2007. Southmayd Farm on Glendale Middle Road in Stockbridge sold for $6.9 million in January, and Rock Ridge estate on Tyringham Road in Monterey sold for $4.05 million in April.

If the house is taxed on its sale price, the new owners will pay roughly $22,000 a year in property taxes, or $1,830 a month.

The Boulder Farm sale was brokered by Alton & Westall Real Estate Agency in Williamstown and by Stone House Properties LLC. Scott Sawyer, the lead broker, said this was the most impressive property he has helped sell in his 15 years with Stone House.

"This home was a pleasure to show," Sawyer said. "The setting is fabulous."

A large red barn on the property was converted to a party room and pool house. The formal dining room overlooks a vintage brick courtyard, the library features Spanish cedar panels with a fireplace, and a sunroom opens to a courtyard lined with a stone wall.

The classic white Colonial with black shutters was on the market for roughly 18 months. The initial asking price was $3.75 million, the same amount it listed for in the most recent issue of "The Berkshires Homebuyers Guide." Sawyer said several interested buyers viewed the property, but the Hadars "were the right customers."

According to his Web site, Hadar is an entrepreneur and philanthropist, having founded a successful direct marketing firm in the late 1970s. He sold that business and co-founded a real estate investment firm, Allied Partners, with his son Eric in 1993. He and his wife later established the Richard and Mica Hadar Foundation, which has provided nearly 200 college scholarships to inner-city New York high school students talented in the arts.

To reach Benning W. De La Mater: bdelamater@berkshireeagle.com, (413) 496-6243


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