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Clintons Buy Next-Door Neighbor's Chappaqua Home For $1.16 Million

The end of Old House Lane in Chappaqua, which has been closed off by the Secret Service due to security reasons. Hillary Clinton, who lives on the road, is the Democratic presidential candidate. Both of the Clintons' properties are in the background. Photo Credit: Tom Auchterlonie
Hillary Clinton, pictured at the town of New Castle's 2016 Memorial Day parade. Photo Credit: Tom Auchterlonie
Former President Bill Clinton, pictured at the town of New Castle's 2016 Memorial Day parade. Photo Credit: Tom Auchterlonie
The entrance to the home of Hillary and Bill Clinton can be seen in the background at the end of Old House Lane in Chappaqua. The Secret Service has blocked traffic from driving to the end of the road with concrete barriers. Photo Credit: Tom Auchterlonie

CHAPPAQUA, N.Y. -- Chappaqua's most prominent residents have made a de facto expansion to their property by acquiring their next-door neighbor's parcel.

A public filing from the Westchester County Clerk's office shows that Hillary and Bill Clinton acquired the property from Charles Chepigin for $1.16 million. The purchase also included $16,240 in taxes and $190 in recording fees. 

The purchase closed in August, the filing shows.

The property includes a house that has a one-story appearance facing the end of Old House Lane, which is a cul de sac. With the purchase, the Clintons now own all of the land with direct vehicular frontage to the road's turnout point. However, maps show that two other parcel have non-traffic frontage, as their driveways are outside of the perimeter. 

The turnaround section of Old House Lane is off limits to the public, with concrete barriers erected for the Secret Service. The barriers were erected earlier this year, around the time that Hillary Clinton, a former secretary of state, senator and first lady, wrapped up the Democratic Party's nomination for president.

Clinton's Republican opponent, businessman and celebrity Donald Trump, owns a large estate in nearby Bedford.

Additionally, the New Castle Town Board, which governs Chappaqua, voted last month to restrict traffic on the entire road to just residents and those with specific reasons for visiting, such as guests and delivery people. 

The traffic restriction was requested by New Castle Police Chief Charles Ferry, who explained to Daily Voice in a subsequent interview that it was meant to control traffic volume after the barrier installation changed the road's capacity.

Chappaqua is a hamlet that is part of the town of New Castle.

County records show that the Clintons purchased their original property in 1999, which was when Bill Clinton was still president. The purchase was worth $1.7 million, a record shows, not including taxes and fees. 

The town, in its 2016 assessment roll, estimates that the Clintons' original property is now worth around $1.9 million. The roll estimates that the new property is worth $993,333. 

The estimates, known as full market values, exist for purposes of determining homeowners' property tax bills.

The transaction more than doubles the Clintons' land holdings; the original property has 1.10 acres while the new one has 1.58 acres, according to the assessment roll.

It is not clear what the Clintons will use the new property for.

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