50 Poplar Hill Drive:
Inside Farmington CT's $9.9 Million Category of One
Quick Answer
- 50 Poplar Hill Drive is a 51,830 square foot estate on 17.59 acres in Farmington CT, listed at $9,900,000 with annual property taxes of $118,140. It previously sold through Berkshire Hathaway HomeServices New England Properties at $4,995,000 before more than $3 million in renovations. It is the largest home currently listed in Connecticut.
- At approximately $191 per square foot, the asking price looks inexpensive by trophy-property standards, but this property has no real comparable. It will sell on its own timeline to a buyer for whom price per square foot is not the relevant metric.
Every luxury market has a property that breaks its own scale. In the Farmington Valley, that property is 50 Poplar Hill Drive. Built in 1985 and previously owned by both Mike Tyson and 50 Cent, it carries a footprint, an amenity list, and a tax bill that put it in a category no other Connecticut listing currently occupies.
Most of what gets written about this house treats it as a curiosity. It is also a real listing, with a real price, a real tax bill, and a real sales history that says something concrete about how trophy real estate actually gets valued. The full listing is viewable on Realtor.com.
The Numbers That Make This a Category of One
50 Poplar Hill Drive · Farmington, CT · MLS 24120482
$9,900,000 · 51,830 sq ft · 21 bedrooms · 40 bathrooms · 17.59 acres
Built 1985. Previously owned by Mike Tyson and 50 Cent. More than $3 million in recent renovations.
Annual property taxes: $118,140 · Approx. $191 per square foot
| Metric | 50 Poplar Hill Drive |
|---|---|
| Living Area | 51,830 sq ft |
| Lot Size | 17.59 acres |
| Bedrooms / Bathrooms | 21 / 40 |
| Year Built | 1985 |
| Current Ask | $9,900,000 |
| Prior Sale (BHHS NE Properties) | $4,995,000 |
| Annual Property Tax | $118,140 |
| Approx. Price per Sq Ft | $191 |
From $4,995,000 to $9,900,000: The Renovation Math
The prior sale of this property, handled through Berkshire Hathaway HomeServices New England Properties, closed at $4,995,000. The current ask is nearly double that, and the gap is accounted for by more than $3 million in renovations layered onto an already enormous structure. That is not a kitchen-and-bathroom refresh. At this scale, a $3 million renovation budget is closer to rebuilding a small hotel.
Whether that renovation spend translates dollar for dollar into resale value is exactly the kind of question that does not have a clean answer at this price tier. Comparable sales data, the standard tool for answering that question in a normal market, does not really exist here. There is no second 51,830 square foot home in Farmington to check the math against.
Price History: 50 Poplar Hill Drive
Prior sale price via public MLS record. Current list price as of June 2026. Renovation spend as reported by listing agent.
What $118,140 in Annual Taxes Actually Buys
Farmington carries the lowest mill rate in the Farmington Valley at 27.36 mills, which is precisely why the tax bill on this property is worth pausing on. At $118,140 a year, the carrying cost alone exceeds the total purchase price of the median Farmington Valley home. That figure is a direct function of assessed value on a 51,830 square foot structure on 17.59 acres, not a reflection of Farmington's tax rate working against the buyer. A buyer at this price point in Avon, Simsbury, or Canton, all of which carry higher mill rates, would face a meaningfully larger bill on an equivalent assessment.
The Amenity List That Doesn't Fit a Normal Listing
Seven kitchens. An eight-car garage. An indoor pool and spa. A nightclub. A recording studio. A casino room. A racquetball court. A resort-style outdoor pool with a grotto and waterfall. A four-bedroom guesthouse. A private bridge over an on-site pond. None of these are exaggerations for effect; they are line items in the actual listing.
Most of these amenities exist because the prior ownership used the house for entertainment and production at a scale a typical residential buyer never approaches. The recording studio and nightclub in particular are not generic luxury upgrades; they are purpose-built spaces that only make sense for a very specific kind of owner. A buyer evaluating this property has to decide whether those spaces are assets to preserve, or square footage to eventually reconfigure.
Is $9.9 Million the Right Price?
On a pure price-per-square-foot basis, $191 looks inexpensive next to typical Farmington Valley luxury construction, where new custom builds often run $350 to $500 per square foot or higher. That comparison is the wrong one to make. Price per square foot is a useful metric when there are enough comparable transactions to establish a market rate. Here, there are none. A 51,830 square foot private residence is not a smaller version of a normal luxury home; it is closer to a standalone commercial-scale asset that happens to be zoned residential.
The real comparison set: Properties at this scale sell against other one-of-one estates nationally, not against anything else currently listed in the Farmington Valley or greater Hartford market. The buyer pool is not local, and the sales cycle should be evaluated against that pool, not against typical Farmington Valley days-on-market data.
What the property does unambiguously well is generate awareness for Farmington as a town. Buyers searching for the Tyson or 50 Cent Connecticut house land on Farmington listings generally, and a meaningful share of that traffic converts into inquiries about the town's more typical inventory. That effect has real value to the local market even if the estate itself sells to a single, specific buyer on its own schedule.
Considering a trophy property, or curious what a comparable renovation budget could do for a different Farmington Valley estate?
Submit a private inquiry or reach me directly:
412-225-0598 · PeterTumbas@bhhsne.com
Frequently Asked Questions
What is 50 Poplar Hill Drive in Farmington CT?
50 Poplar Hill Drive is a 51,830 square foot estate on 17.59 acres in Farmington CT, listed at $9,900,000 under MLS 24120482. Built in 1985 and previously owned by both Mike Tyson and 50 Cent, the property includes 21 bedrooms, 40 bathrooms, an indoor pool and spa, a nightclub, a recording studio, a casino room, a racquetball court, seven kitchens, an eight-car garage, and a resort-style outdoor pool with a grotto and waterfall. It is the largest home currently listed in Connecticut.
How much are the property taxes on 50 Poplar Hill Drive?
Annual property taxes on 50 Poplar Hill Drive are approximately $118,140, based on Farmington's 2025 Grand List mill rate of 27.36, the lowest in the Farmington Valley. The tax bill reflects the property's assessed value on its 51,830 square foot structure and 17.59 acres, not an unusually high local tax rate.
Did this house previously sell through Berkshire Hathaway HomeServices?
Yes. The property previously sold through Berkshire Hathaway HomeServices New England Properties at $4,995,000. Following that sale, the property underwent more than $3 million in renovations before returning to market at its current ask of $9,900,000.
Is $9.9 million a reasonable price for this property?
At approximately $191 per square foot, the asking price is below typical Farmington Valley new-construction luxury pricing, which often runs $350 to $500 per square foot or more. However, price per square foot is not a meaningful metric for a property of this scale, since there is no comparable transaction set in Connecticut to benchmark against. The property is more accurately valued against national one-of-one estate sales than against local luxury comparables.
Why does a house this size exist in Farmington CT?
The property was built in 1985 and expanded and renovated substantially under subsequent ownership, including its use by prior owners for entertainment and production purposes reflected in amenities like the recording studio and nightclub. Farmington's Executive Corridor, with its larger lot sizes and lower mill rate relative to Avon and Simsbury, has historically supported this kind of large-estate development more than the Valley's other towns.
Does this listing affect the rest of the Farmington CT real estate market?
Indirectly, yes. The property draws search traffic and general awareness of Farmington CT that a typical listing could not generate on its own, and some of that attention converts into buyer interest in the town's more conventional inventory. It does not affect pricing or comparables for typical Farmington homes, since it is not a comparable property. See Farmington CT: The Two Markets Inside One Town for the broader market picture.