After years of twists and turns and failures, Yankees legend Derek Jeter finally found a buyer for his compound in Orange County, New York — after it was re-listed for less than half of his original asking price.
The four-acre lakefront home in Greenwood Lake, N.Y., known as Tiedemann Castle, was signed for sale on May 25, two years after its failed auction and six years after the Hall of Fame shortstop initially put it on the market for more than $14 million. The asking price was reduced to $6.3 million this year and the sale is currently pending.
The listing agent, Diane Mitchell of Wright Brothers Real Estate, declined to comment on the details of the transaction but said she was “thrilled” that it was finally under contract. The estate includes three different parcels, according to the listing, including a main house, a guest house, a pool house and a boathouse. Covering more than 12,500 square feet, it has six bedrooms and 13 bathrooms.
Built over a century ago, the home’s distinctive features are expansive and lavish. There are five kitchens (four indoor, one outdoor), a lagoon, a baseball field-shaped infinity pool, a games room and turrets. It has been compared to a medieval castle.
Mr. Jeter purchased the property in the early 2000s, at the height of his baseball career. He initially listed it for $14.25 million in June 2018. In 2022, it was put up for auction, at which time Ms. Mitchell, who was also a listing agent at the time, said in a statement that “the owner is serious about selling because the owner spends most of his time in other family homes. The auction, which had a minimum bid of $6.5 million, was unsuccessful and the property was put up for sale again last month.
In recent years, Mr. Jeter has also remodeled other aspects of his real estate portfolio. In 2020, he listed his 30,875-square-foot custom mansion in Tampa, Florida, for $29 million. It sold the following year for $22.5 million, becoming the most expensive home sale in the area at the time. Last year, the Tampa Bay Times reported that the house was to be demolished and replaced with a new mansion.
In the village of Greenwood Lake, located about 50 miles north of Manhattan, the median listing price is $475,000, according to Realtor.com.
For Mr. Jeter, who was born in Pequannock Township, New Jersey, and raised in Michigan, the estate has sentimental value. His grandfather, William “Sonny” Connors, was the adopted son of John and Julia Tiedemann, who previously owned the house, and the future Yankee captain spent his summers there, according to Ian O’Connor’s 2011 book , “The Captain: The Journey of Derek Jeter. At the time, Mr. O’Connor wrote, he “wasn’t looking for a chance to swim as much as he was looking for a partner in a wrestling match.”