Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Every movie based on DC Comics, ranked

Every movie based on DC Comics, ranked

June 26, 2026
Sun, suits, and Speedos: I asked workers in London’s financial district how they’re beating Europe’s punishing heat wave

Sun, suits, and Speedos: I asked workers in London’s financial district how they’re beating Europe’s punishing heat wave

June 26, 2026
We’re on the cusp of a Larry Bird-Magic Johnson type showdown in the public markets

We’re on the cusp of a Larry Bird-Magic Johnson type showdown in the public markets

June 26, 2026
I started a phone valet company to help teens be more present at events. The results surprised me.

I started a phone valet company to help teens be more present at events. The results surprised me.

June 26, 2026
How To Overcome The Guilt Of Not Taking Care Of Your Own Kids

How To Overcome The Guilt Of Not Taking Care Of Your Own Kids

June 26, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 26, 2026 9:53 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » A wealthy family owned a private island for over 100 years. They moved south and sold it for $26.5 million.
A wealthy family owned a private island for over 100 years. They moved south and sold it for .5 million.
Markets

A wealthy family owned a private island for over 100 years. They moved south and sold it for $26.5 million.

News RoomBy News RoomJune 26, 20261 ViewsNo Comments

Many families dream of having a private island to call their own. In Connecticut, a new family just made that a reality.

Hay Island, an 18-acre piece of land off the coast of Connecticut, was sold for $26.5 million.

The last owners owned it for over 100 years. The Zielgler family acquired the island over 100 years ago, according to property records. The family is descended from industrialist William Ziegler Sr., who cofounded the Royal Baking Powder Company in the 1800s.

The island remained in his family as a summer cottage but was most recently used as a full-time residence by Cynthia Ziegler and her husband, Renfrew Brighton, according to Mansion Global.

The earlier summer cottage has been replaced with an 8,684-square-foot New England colonial home. The property also includes a two-bedroom guest house, an infinity-edge pool, and two beaches.

Property records show the island was sold in two transactions in November 2025 to Hay Island CT II LLC, one for $6,360,000 and the other for $20,140,000.

While this wasn’t the first island the Ziegler sold, it was the last. In 2023, the family sold their other island, Great Island — just across Ziegler Cove from Hay Island — for $85 million to the town of Darien. The town plans to turn it into a public park.

The Ziegler family’s current net worth is unclear, but Forbes estimated it to be $2.8 billion in 2015, due in part to investments in a cigar company.

Take a look around Hay Island to see where the Zieglers once lived and vacationed.

Hay Island was in the Ziegler family for over 100 years.

William Ziegler Sr. amassed the family’s wealth in the late 1800s after cofounding the Royal Baking Powder Company.

The current house on the property was built in 2010.

The island was used as a full-time residence. Before the construction of the current house, it was used as a summertime retreat.

The 8,684-square-foot home was designed by architect Austin Patterson Disston.

The island eventually sold for $26.5 million.

Leslie McElwreath of Sotheby’s International Realty’s Greenwich brokerage had the listing.

The Zielger family has relocated and no longer regularly visits the Connecticut home.

Helen M. Ziegler, an heiress to the baking-powder fortune, sold a home in Palm Beach for $15.9 million in 2024, Palm Beach County property records show. [does she still live in palm beach? where is she now?]

The family also owned other islands in Connecticut, and this is the last of their collection.

The Ziegler family listed Great Island, a 60-acre island across Ziegler Cove from Hay Island, for $100 million in 2022. Darien, a small town known for its wealthy residents, bought Great Island for $85 million with plans to turn it into a public park.

Most rooms in the home have views of the Long Island Sound.

The home has six bedrooms and seven bathrooms.

The Ziegler family once gathered in the family room.

The family room offers indoor and outdoor seating, with access to a screened-in porch.

The library — like most rooms in the house — has water views.

According to the listing, the library includes custom bookshelves, window seats, a wet bar, and a fireplace.

The chef’s kitchen gets plenty of light from several windows facing the water.

While there are plenty of water views, the island is accessible by road to the mainland.

“You get the benefits of an island, the privacy and 360-degree water views, but you also get the ability to come and go freely,” McElwreath told Mansion Global.

The breakfast room has its own fireplace — one of six fireplaces in the home.

According to a document from the county’s Planning and Zoning Commission, the new owner proposed to construct additions onto the main house.

Hay Island is 18 acres.

The island has two beaches. The rest is a rocky shoreline.

The infinity pool also overlooks the Long Island Sound.

The outdoor terrace also includes an outdoor fireplace and a built-in barbecue.

The property also has a two-bedroom guest house.

The guest house has a fully equipped kitchen, a private office, and a fireplace.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Sun, suits, and Speedos: I asked workers in London’s financial district how they’re beating Europe’s punishing heat wave

Sun, suits, and Speedos: I asked workers in London’s financial district how they’re beating Europe’s punishing heat wave

I started a phone valet company to help teens be more present at events. The results surprised me.

I started a phone valet company to help teens be more present at events. The results surprised me.

The best way to stand out in an AI hiring market may be surprisingly old-fashioned, a recruitment CEO says

The best way to stand out in an AI hiring market may be surprisingly old-fashioned, a recruitment CEO says

Slate’s ,950 EV truck is tiny, stripped-down, and ridiculously customizable

Slate’s $24,950 EV truck is tiny, stripped-down, and ridiculously customizable

Katie Couric says a male colleague’s advice after she encountered workplace sexism became a ‘life lesson’

Katie Couric says a male colleague’s advice after she encountered workplace sexism became a ‘life lesson’

What smart people are saying about price hikes by Apple and Xbox

What smart people are saying about price hikes by Apple and Xbox

Mark Cuban said AI firms should spend billions to help cities hit by job losses as a ‘cost of doing business’

Mark Cuban said AI firms should spend billions to help cities hit by job losses as a ‘cost of doing business’

Trump’s DOT proposes new rules for driverless vehicles

Trump’s DOT proposes new rules for driverless vehicles

My partner and I spent 3 days exploring Acadia National Park. Next time, we’ll do 4 things differently.

My partner and I spent 3 days exploring Acadia National Park. Next time, we’ll do 4 things differently.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Sun, suits, and Speedos: I asked workers in London’s financial district how they’re beating Europe’s punishing heat wave

Sun, suits, and Speedos: I asked workers in London’s financial district how they’re beating Europe’s punishing heat wave

June 26, 2026
We’re on the cusp of a Larry Bird-Magic Johnson type showdown in the public markets

We’re on the cusp of a Larry Bird-Magic Johnson type showdown in the public markets

June 26, 2026
I started a phone valet company to help teens be more present at events. The results surprised me.

I started a phone valet company to help teens be more present at events. The results surprised me.

June 26, 2026
How To Overcome The Guilt Of Not Taking Care Of Your Own Kids

How To Overcome The Guilt Of Not Taking Care Of Your Own Kids

June 26, 2026
How to Buy the Right Sun Shade and Keep Your Car Cool: Video

How to Buy the Right Sun Shade and Keep Your Car Cool: Video

June 26, 2026

Latest News

Stripe cofounder John Collison is ‘bullish’ on double majors being successful in the AI era

Stripe cofounder John Collison is ‘bullish’ on double majors being successful in the AI era

June 26, 2026
The best way to stand out in an AI hiring market may be surprisingly old-fashioned, a recruitment CEO says

The best way to stand out in an AI hiring market may be surprisingly old-fashioned, a recruitment CEO says

June 26, 2026
A JPMorgan Analyst Says Your Prime Membership Is Worth 10X What You Pay — Here’s the Truth

A JPMorgan Analyst Says Your Prime Membership Is Worth 10X What You Pay — Here’s the Truth

June 26, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.