Yankee Candle founder's former estate sells for $4.55M after $18.45M price cut

Key facts

• The former estate of Yankee Candle founder Michael Kittredge II has sold for $4.55 million.
• The estate is located in Massachusetts.
• The property was initially listed for $23 million in 2022.
• Michael Kittredge III, son of the founder, listed the estate.
• The final sale price was $18.45 million less than the initial asking price.
• The estate features 120,000 square feet of living space.
• The living space is spread across eight structures.

The former estate of Yankee Candle founder Michael Kittredge II has been sold for $4.55 million. Located in Massachusetts, the property was initially listed for sale in 2022 by Michael Kittredge III, the son of the Yankee Candle founder. The initial asking price was $23 million. The final sale price represents a reduction of $18.45 million from the original listing. The estate is described as sprawling and features 120,000 square feet of living space. This living space is distributed across eight separate structures on the property.