Her father's estate was valued between $1,500,000 and $2,000,000 at his death in 1877. John Winthrop Chanler's will provided $20,000 a year for each child for life, enough to live comfortably by the standards of the time. In 1892, Elizabeth, her sisters, Margaret and Alida, and her brother Winthrop and his wife Margaret, were all included in Ward McAllister's "Four Hundred," purported to be an index of New York's best families, published in The New York Times. Conveniently, 400 was the number of people that could fit into Mrs. Astor's ballroom. Elizabeth was a member of the Cosmopolitan Club of New York. In 1893, while she was in London for a brother's wedding, John Singer Sargent, the most famous and sought after portrait artist of the day, painted a portrait of the then twenty-six year old Elizabeth. According to Sargent, she had "the face of the Madonna and the eyes of a child." Her son donated the portrait to the Smithsonian American Art Museum in 1980.
Personal life
On April 23, 1899, Chanler was married to author John Jay Chapman. He was the son of Henry Grafton Chapman, a president of the New York Stock Exchange, and Eleanor Kingsland Chapman, a great-granddaughter of the first Supreme Court Chief JusticeJohn Jay. Chapman was previously married to Minna Timmins, who died in 1898. Elizabeth and her husband had one child together:
Chanler Armstrong Chapman, who married Olivia James, a niece of Henry James. They divorced and he married the former Helen Riesenfeld, a writer, in 1948. After her death in 1970, he married Dr. Ida R. Holzbert Wagman in 1972. Reportedly, Chapman served as the model for Saul Bellow's 1959 novel Henderson the Rain King.
Her husband died at her home, "Good Hap", on November 4, 1933 near Barrytown, New York. After his death, Elizabeth spent several years working on a volume of his collected letters, which she completed just before her own death. Elizabeth died in June 5, 1937 and was buried at Saint Matthew's Episcopal Churchyard in Bedford, New York.
Residences
In 1902, Elizabeth bought the former Livingston mansion, known as Edgewater, and located next to her childhood home, Rokeby, in Barrytown, New York for $20,000 from the estate of the second owner, Robert Donaldson Jr. In 1906, she and her husband moved into a new house, known as Sylvania, that was designed by architect Charles A. Platt, and built on the hill above Edgewater. Thereafter, her mother-in-law lived at Edgewater from 1910 until at least 1914. In 1917, Elizabeth sold Edgewater to her stepson, Conrad Chapman, for $1.00. Conrad lived abroad most of his life and eventually sold the house in 1947. The house was later owned by writer Gore Vidal and financier Richard Jenrette. Shortly before her husband's death, they moved into a cottage built on the grounds of Sylvania they named "Good Hap" and turned Sylvania over to her son Chapman.