Contact Us
New Canaan Daily Voice serves New Canaan, CT
Return to your home site


Breaking News: Norwalk Crime Spree: Woman Pistol-Whipped, Robbed, Man's Car Stolen, Police Say
Real Estate

Immelt Breaks Ground For New GE Headquarters, Sells New Canaan Mansion

The mansion at 705 West Road in New Canaan was listed for sale for $4.725 million.
The mansion at 705 West Road in New Canaan was listed for sale for $4.725 million. Photo Credit: Houlihan Lawrence

NEW CANAAN, Conn. — General Electric CEO Jeff Immelt has left Connecticut behind for good. 

On Monday, Immelt helped to break ground on the new headquarters for GE in Boston, according to WBUR-AM. In January 2016, GE announced it was moving its headquarters from its suburban campus is Fairfield to a new hub of buildings in downtown Boston along Fort Point Channel.  

And word also came that Immelt and wife, Andrea, who have moved to Boston's Back Bay, had a buyer for their mansion in New Canaan. 

According to a listing at the Houlihan Lawrence website, the Connecticut house is under contract with a buyer. 

The property at 705 West Road home in New Canaan was listed for sale at $4.725 million, but the website did not say what price is in the contract. 

The Immelts bought the mansion for $5.25 million in June 2001. 

They put it on the market in May 2016 for $5.5 million, but the reduced the price in October 2016 to $4.999 million and again in January to $4.725 million.  

The Colonial-style stone home was built in 2000 and features six bedrooms, 9.2 bathrooms and six fireplaces in 11,458 square feet of space.  

The 4-acre lot includes a pond with a fountain as well as blossoming trees and stone terraces.

The yearly property taxes are $64,983. 

Click here to read the story about the groundbreaking at the WBUR-AM website.

to follow Daily Voice New Canaan and receive free news updates.