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This photo provided by David Ogilvy & Associates shows the backyard area of Copper Beech Farm. The 12-bedroom waterfront estate on 50 acres in wealthy Greenwich has been sold for $120 million. Even though that's $70 million under Copper Beech Farm's initial listing price, real estate agent David Ogilvy tells the Greenwich Time he believes the sum is the most ever paid for a residential property in the United States. The paperwork finalizing the sale to a limited liability company was filed Friday April 10, 2014.

This photo provided by David Ogilvy & Associates shows the backyard area of Copper Beech Farm. The 12-bedroom waterfront estate on 50 acres in wealthy Greenwich has been sold for $120 million. Even though that's $70 million under Copper Beech Farm's initial listing price, real estate agent David Ogilvy tells the Greenwich Time he believes the sum is the most ever paid for a residential property in the United States. The paperwork finalizing the sale to a limited liability company was filed Friday April 10, 2014.

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