Nov 12, 2008

Bruce Springsteen spends $4.6M in Wellington

by Christine Scott, published Tuesday, November 11 1:39 PM ·
Mr. Springsteen
Mr. Springsteen
Bruce Springsteen bought a five-bedroom, six-bath home at 3561 Ambassador Road in Wellington from William Farish, Jr., and his wife, Kelley, for $4.6 million on Sept. 26.

According to the Daily Business Review, Springsteen purchased the property through an entity titled Stone Hill Trust.

The 5,946-square-foot home is in the Equestrian Club Estates subdivision, which is home to the the annual Winter Equestrian Festival. Springsteen's 15-year-old daughter, Jessica, is an equestrian.

Springsteen is largely considered one of the greatest American popular recording artists in history. Known for penning songs that reflected the working class roots of his New Jersey upbringing, "The Boss," has won eighteen Grammy Awards, an Academy Award, and sold over 65 million albums in the U.S and 120 million worldwide.

Springsteen first started playing small clubs in the 1960s, but it wasn't until 1973 that he released his first major label album, Greetings from Asbury Park, N.J. The album, along with second release, The Wild, the Innocent & the E Street Shuffle, were critical successes.

His third album, Born to Run, made Springsteen a household name name. The album included hits "Born to Run" and "Thunder Road."

He would go on to make a handful of other acclaimed albums before 1984's Born in the U.S.A., arguably his most popular album. It contained timeless classics "Born in the U.S.A.," "Dancing in the Dark" and "I'm on Fire."

Springsteen has continued to tour and record original material, most recently The Magic, which was released in Oct. 2007.

He married his second wife, Patti Scialfa, in 1981. The couple resides primarily in the affluent community of Rumson, N.J.

Springsteen paid $3.1 million for the nearby property at 3561 Ambassador Road on June 20.

Mr. Farish has been the principal overseer of Lane's End Farm, a breeding establishment for thoroughbred race-horses owned by his parents. He has served as an executive vice president and director of W.S. Farish & Co., an investment management company. He also founded Woodford Racing, LLC, a racing stable with over 50 horses.

The University of Virginia graduate was as a personal aide to former President George H.W. Bush and worked with Texas Commerce and Merrill Lynch.

Mrs. Farish has worked at the American Horse Council in Washington as a research associate. She graduated from Rollins College.

There have been 849 sales in Wellington in 2008, with a median price of $312,000.

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