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 StockNews.com. 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.

Source: https://westfaironline.com/147598/greenwich-mansion-owner-will-accept-cryptocurrency-for-home-purchase/

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