The Most Expensive Home In America Just Sold For $120 Million

CTNews.com reports that the Copper Beech mansion in Connecticut, which was once the most expensive home for sale in the U.S., has officially sold for $120 million.

The home was first listed for $190 million back in May of 2013, but the 12-bedroom mansion failed to attract a buyer. The price was chopped to $130 million in September, and after another $10 million discount, the gorgeous Connecticut property is now in contract, though there's no word yet on the buyer.

The 50-acre estate dates back to the 1890s, and was owned by timber magnate John Rudey. The property carried a reported $120 million in debt, likely accounting for the sky-high initial sale price.

The 12-bedroom home has 15,000 square feet of living space, 7,000 square feet of basement and attic space, and an 1,800-foot-long driveway. There's also a grass tennis court, innumerable gardens, apple orchard, greenhouses, 75-foot-long heated pool, and a carriage house.

The estate was listed with Christie's International Real Estate and David Ogilvy & Associates.

Car Insurance, Safe Your Life, Be Ready On Red Lights

Car Insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, and other road vehicles. Its primary use is to provide protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.