Less than 25 miles from Manhattan and near the Long Island Expressway, fieldstone walls edge the entrance of a 108-acre estate. A relic of a bygone era, it is among the last king-size Gold Coast estates on Long Island’s North Shore.
“‘Groton Place’ is a vanishing breed,” said Meredyth Hull Smith, an associate broker with Sotheby’s International Realty in Manhattan, who shares the listing with Christina Porter and Lois Kirschenbaum of Daniel Gale Sotheby’s International Realty on Long Island.
The owners, Luis and Julie Rinaldini, wanted lots of land for their horses when, 23 years ago, they purchased the Old Westbury property, saving the expansive estate from impending development. Today they placed the estate, which has 10 fireplaces, seven bedrooms, seven-and-a-half baths, plus staff quarters, on the market for $29.9 million.
“They would like to sell the property to a single owner who could enjoy the property the way they