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Significant Price Reduction On This Magnificent Weston, MA Estate
By LandVest
 

Newly Priced at $14,500,000

5 Willow Road, Weston, Massachusetts, or the Cabot Estate, was owned by Thomas and Virginia Cabot from the late 1920′s until 1997 and was purchased by the current owners in 1998. They constructed a magnificent California Lodge style residence on the 13.43± acre property completing it in 2004. Architect Jeremiah Eck, one of the Northeast’s most distinguished architects, designed and constructed this spectacular residence. Eck retained the front facade of the original Cabot house, with everything else demolished including the original foundation. The residence is accessed via a private entry with stone pillars and iron gates. There is flexibility for the property to be further developed.

Click for more information on The Cabot Estate or contact Terry Maitland (tmaitland@landvest.com) or Nicole Monahan (nmonahan@landvest.com).

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Why Investing in North Shore Waterfront Property is a Good Move
By LandVest
 

Wimbeldon is a private 8,000 square foot residence set on Manchester Harbor with a two unit, waterfront, carriage house that currently generates $48,000 annually of rental income. This unique property commands sweeping lawns, gardens, and mature trees all set on over 3.3± acres. The property also comes with a tidal dock very close to the outer harbor.

Wimbledon is minutes away from the town dock, beach and commuter rail to Boston. Manchester boasts a new $49,000,000 regional middle and high school. The average residential single family sale price is $1,175,000 in the last 5 years. The average asking price for current properties on the market is $1,658,042.

This is an opportunity to own one of the few available waterfront estates in Manchester by the Sea.

Click here for other properties on the North Shore.

For more information on North Shore’s real estate market, contact Lanse Robb (lrobb@landvest.com)

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