Barry K. Schwartz, co-founder of Calvin Klein, Inc., offers storied Stonewall Farm for US$100,000,000
Published Thursday, March 12, 2020 Updated on Thursday, March 12, 2020

Barry K. Schwartz, co-founder of Calvin Klein, Inc., offers storied Stonewall Farm for US$100,000,000

The 740-acre Thoroughbred racing estate, largest property in Westchester County, imbued with impeccable taste and located just an hour from New York City

New York, New York (March 12, 2020) Christie’s International Real Estate is proud to introduce to the market Stonewall Farm.

Since 1979 Barry K. Schwartz, co-founder of the Calvin Klein global fashion empire, and his wife Sheryl have created Stonewall Farm, an estate of refined elegance and exceptional taste. Encompassing 740 acres, it is the largest privately owned property in Westchester County and includes a magnificent owner’s compound, superbly maintained grounds and world-class equestrian facilities for breeding championship Thoroughbred racehorses.

Stonewall Farm is offered for US$100,000,000 by Christie’s International Real Estate Westchester and Hudson Valley.

Says Kathleen Coumou of Christie’s International Real Estate: “Stonewall Farm is well-known and respected globally among horse racing enthusiasts. We look forward to promoting this rare opportunity to equestrian communities of all disciplines and also introducing it to the larger community of international buyers looking for significant acreage, architectural design and provenance so close to New York City.”

Mr. Schwartz famously advanced Mr. Klein $10,000 in 1968 to create samples to start a fashion line. The two men, friends since the age of five, built Calvin Klein, Inc. into a multi-billion-dollar entity with Mr. Schwartz as CEO and Mr. Klein the company figurehead and creative visionary.

When Mr. and Mrs. Schwartz decided that Stonewall Farm would be their primary residence, they replaced the original farmhouse with a 24,000-square-foot home evoking the traditional horse farms of Kentucky, which was completed in 2004.

The residence is situated on a rise overlooking the estate’s glorious grounds — a lovely spring-fed pond with weeping willows, miles of fencing for the horse paddocks, and formal French and Japanese gardens designed by noted landscape architect Edmund D. Hollander. The four-level colonial plantation-style manor by architect Rebecca Rasmussen is appointed with an elegant white clapboard façade and columned balustrade under a roof of venerable slate repurposed from Yale Divinity School in New Haven, Connecticut.

Highlights of the interiors include flooring of dark and double-wide planks of pine, the breathtaking two-story library connected by a spiral staircase and saddle-leather tiles accenting the floors and fireplace, the double-height second-floor sitting room drenched in natural light through walls of windows and the sunroom, with its arched glass ceiling and French doors opening to a bluestone terrace. The lower level houses a 2,200-bottle wine cellar, tasting room and game room with pub. The home is served by an elevator.

The second story comprises seven en suite bedrooms, each with its own design scheme, for example, Moroccan and Chinese. The top level is reserved for the airy master suite, with its massive bedroom, dressing area and limestone bath with an enormous stone and wood soaking tub. This Asian-inspired sanctuary is introduced by a serene indoor Zen garden, overlooking the outdoor Japanese garden below and decorated in a palette of taupe and cream. Interior designer Kelly Hoppen once commented that the overall aesthetic has a “Calvin Kleinish cleanliness to the house.”

Lavender and boxwood hedges lead to a columned pergola, trellised in wisteria, linking the main residence to the 4,000-square-foot pavilion-style pool house and 60-foot-long indoor pool. This amenity also includes a gym, sauna, changing rooms and kitchen, also opening to an expansive patio with endless views of the paddocks and ideal for alfresco dining and entertaining. Beyond lie the Japanese gardens with a koi pond and the butterfly house.

The Schwartzes have bred roughly 40 stake-winning Thoroughbred racehorses since owning the property, several of which ran in the Kentucky Derby and Breeders’ Cup. Mr. Schwartz also served as chairman of the New York Racing Association. The couple’s passion for horses is obvious in the estate’s world-class equestrian facilities, all of which they added to the property, to include a turf racetrack, miles of riding trails, a 40-stall yearling barn and two 24-stall broodmare barns plus fenced paddocks and pastures. The property is set amid winding roads, paved paths shaded by majestic stands of mature trees, apple orchards, rolling hills, ancient stone walls, woodlands and parklands offering sweeping vistas of the Westchester countryside.

The estate currently supports a working cattle ranch, hay fields and an original stone spring house tapping into an aquifer and supplying hundreds of gallons of water a day. Auxiliary housing includes eight staff residences, a guest house and caretaker’s residence.

Ilija Pavlovic, president and CEO of Christie’s International Real Estate Westchester and Hudson Valley, said: “There are few properties in the world which qualify as a ‘once in a generation’ property. Stonewall Farm definitely belongs to this esteemed category of rare estates. We are very excited for the opportunity to present to our customers for the first time in history this most beautiful 740-acre estate, less than an hour’s drive from Manhattan.”




About Christie’s International Real Estate

Christie’s International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its New York City brokerage and invitation-only Affiliate network spanning 49 countries and territories, Christie’s International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. The company has offices in London, New York City, Hong Kong, Moscow, Los Angeles, Chicago, and Palm Beach, and its affiliated brokerages have recorded approximately US$500 billion of real estate transactions over the last five years. (Data as of September 30, 2019.) For additional information, please visit


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