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Next for the Wrecking Ball: Historic Lake Ave Estate

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500 Lake Ave
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Gates at the entrance to 500 Lake Avenue, which is posted for demolition by owners “500 Lake, LLC” for which the agent is Alex Kaali-Nagy. Nov 17, 2016 Credit: Leslie Yager

screen-shot-2016-11-16-at-3-00-09-pmA sign outside 500 Lake Ave, LLC indicates the home is slated for demolition.

In the Building Dept at Greenwich Town Hall, staff have not received a single letter objecting to the demolition of the home, which dates back to 1914.

The house sits on 10+ acres, has 7 bedrooms, 11 bathrooms and is  12,300 square ft.

On September 12, 2016, 0 Lake Ave and 500 Lake Ave were sold from Princess Hussah Abdulaziz to Foster Lake LLC and 500 Lake LLC for $5,579,376.

Foster Lake LLC is registered to Foster Kaali-Nagi, and 500 Lake LLC is registered to Alex Kaali-Nagy, the architect who demolished the former John Knapp House at 272 Round Hill Road after buying it May 28, 2015 for $3,250,000 with his wife Karen, and built anew (see photos below).

Back in June 2015, Mr.Kaali-Nagy told Greenwich Free Press he’d like to live in the new home at 272 Round Hill Rd, but his wife was partial to New Canaan, where she grew up. According to the Kaali-Nagy website, the company is a leading architectural and real estate development firm located in New Canaan.

272 Round Hill Road, The John Knapp House

272 Round Hill road, aka The John Knapp House dated back to 1760 before it was demolished by Alex Kaali-Nagy and his wife Karen to make way for new construction. Credit: Leslie Yager

 

John Knapp House torn down, replaced. After photo.

New construction by Alex Kaali-Nagy at 272 Round Hill Road, which was formerly home to The John Knapp House. September 24, 2016, Credit: Leslie Yager

 

See also: Ouch! A Big Bite out of John Knapp House


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Email news tips to Greenwich Free Press editor Leslie.Yager@GreenwichFreePress.com
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