Some homes are built for the future, and some pay homage to the past. The Georgian Colonial at 545 Indian Field Road in Greenwich, CT, is a rare example of both. Built in 2015, this 12,000-square-foot waterfront estate was designed to echo a 1928 mansion that once stood on the property. With six bedrooms, eight bathrooms, a private beach, dock, pool, and sweeping views, the home blends old-world elegance with modern craftsmanship. It is currently listed for sale at $49,500,000 (as of 2/28/2025).
The original home was owned by Kingsley Kunhardt, a financier who ran the Guaranty Trust Company, which later merged with J.P. Morgan to form what became Morgan Guaranty Trust. Kunhardt’s time in the home was tragically cut short when he suffered a fatal heart attack at an English Springer Spaniel Field Trial.
Decades later, the estate passed into the hands of Ole Skaarup, a shipping magnate whose innovations in dry bulk cargo ship design revolutionized the industry. His “OS” ships introduced wide cargo holds with sloping sides for faster unloading—technology that reshaped maritime logistics.
When new owners acquired the property in 2012 for $10.6 million, they intended to restore the 1928 home. However, structural concerns led them to rebuild it from the ground up while maintaining the architectural integrity of the original. Architect Cormac Byrne oversaw the design.
Positioned on 1.6 acres, the home was built to maximize its waterfront views, with French doors on the main level opening onto stone-paved waterside terraces. Inside, every detail is scaled for grand entertaining. The second floor has hand-painted Venetian plaster detailing, two dressing rooms, a primary bedroom with a private balcony, and a large bathroom with a built-in sauna. The third floor offers additional bedrooms and a playroom.
Listing Agent: Leslie McElwreath
George Cress of Real Broker represents home buyers and sellers throughout Connecticut, with a focus on Fairfield County. He combines technology, local market knowledge, and modern real estate marketing to help buyers keep more of their money and sellers generate greater interest in their homes.
For buyers, George offers flat-fee buyer representation and buyer commission rebates, providing meaningful savings alongside full-service guidance, negotiation, and support through closing. For sellers, he uses property storytelling, video, targeted digital advertising, and one of Connecticut’s largest social media audiences focused on local real estate to reach beyond traditional MLS exposure and attract more qualified interest. Through Co-List with Cress, sellers can add these marketing capabilities while continuing to work with their preferred listing agent.
Explore active Connecticut homes for sale, including listings in Fairfield, Westport, Greenwich, and other Fairfield County communities. To discuss buying or selling a home in Connecticut, contact George Cress.
George Cress
(212) 203-5251
george@cress.co
License #RES.0832278
Fairfield County, CT
Real Broker CT, LLC
License #REB.0751297
100 Pearl Street, 14th Floor
Hartford, CT 06103
