Regis Philbin Sells Greenwich Home After Price Cut

By Erika Riggs

After trying to sell his Greenwich, Conn., estate on and off for the past five years, the former TV host has finally sold the home for $3 million, according to The Wall Street Journal.

With retirement came a bit of real estate luck for TV personality Regis Philbin.

The talk show host first listed the home in 2008 for $5.9 million, and hoped that the four-bedroom, 6.5-bath property would attract a buyer who appreciated the 5,919 square feet of living space on a cul-de-sac, but it did not sell.

In May 2011, Philbin re-listed the home shortly before he announced his retirement from his morning talk show gig, "Live With Regis and Kelly," after almost 25 years of co-hosting it. The 79-year-old star has long been a familiar face on American television -- so much so that Philbin holds the Guinness World Record for the most time spent in front of a television camera.

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Philbin's Greenwich home was re-listed in May for $4.195 million and took price cut to $3.8 million in July before finally selling for $3 million.

But Philbin and his wife Joy still have a place to call home in the upscale Connecticut town. The couple had purchased a second Greenwich home about three years ago, although they spend most of their time at their Manhattan residence.

Less than an hour's drive from Manhattan, Greenwich has long attracted celebrities (such as David Letterman) and financiers who can well afford Greenwich home values, which are at a median of over $1.156 million -- and rising.

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