FENWICK, Conn., Aug. 5 (UPI) -- Katharine Hepburn's childhood home in Connecticut where the Hollywood icon and Spencer Tracy spent summers as adults has been sold to a New York businessman.
Frank Sciame, who purchased the cottage in the town of Old Saybrook in the Fenwick borough for $6 million, plans to renovate the property -- good news for the town's residents who feared for the home's future after its famous owner died in June 2003, the New York Times reported Thursday.
"It really is the jewel of Fenwick. I have no plans to knock it down," Sciame said.
The house, which Hepburn's father, Dr. Thomas Norval Hepburn, bought in 1912 for $2,400, is 8,300 square feet with nine bedrooms. The whitewashed brick home sits on 3.3 acres on a point where the Connecticut River meets Long Island Sound.
Hepburn enjoyed living in the Old Saybrook home, locals said, biking and shopping in the small town even when she was older.
"They gave her space whether she was with Howard Hughes or Spencer Tracy; no one was peeking over the fence," said Charles Brainard, 66, a local resident.