LandVest Corporate Headquarters: Ten Post Office Square, Boston, MA 02109     Phone:(617) 723-1800
 
May
2
MA Real Estate News, Middlesex County: High-End Market Watch, First Quarter, 2012
By LandVest
 

Middlesex County, Massachusetts, is the most populous county in New England and is located west and northwest of Boston. It contains some of the wealthier towns in Massachusetts and was recently ranked 10th in the country in terms of the number of millionaires. It includes urban, suburban, and rural areas reaching from urban Cambridge, home to Harvard University and the Massachusetts Institute of Technology, to the New Hampshire border. Within Route 95/128, towns with high-end real estate include Belmont with its attractive historic Belmont Hill section; Lexington of Revolutionary War fame; Newton particularly the Chestnut Hill area and home to Boston College; and Winchester with wonderful vistas across the Mystic Lakes. Between Route 95/128 and Route 495, along the Route 2 and Route 20 corridors, Carlisle, Concord, Lincoln, Sudbury, Wayland, and Weston are small historic towns that have maintained a sense of their rural past. Sherborn is an anomaly linked more to the neighboring equestrian towns of Dover and Medfield in Norfolk County. Outside Route 495, Groton is notable for its early 19th century architecture, substantial farm land, and two highly-regarded boarding schools: Groton School and Lawrence Academy.

Active Listings and Sales, $2,000,000+, First Quarter, 2012

In Middlesex County, Massachusetts, in the first quarter  of 2012 the inventory of high-end listings grew slightly compared to last year at this time (136 vs. 130 listings in Q1 2011 and a peak of 174 in Q1 2006).  First quarter high-end sales contracted substantially to 15 sales compared to nearly record levels in 2011 (23 sales) and compared to the peak in 2005 (24 sales) and 2007 (23 sales). The first quarter of 2011 started off more strongly than 2010 and several record sales set an optimistic tone. Unfortunately, the middle of the year lagged and fell behind in the last quarter of 2011 with 77 sales for the year vs. 81 for 2010.

Highest and Average Sale, $2,000,000+, First Quarter, 2012

First quarter sale prices peaked in 2005 to 2007 at the $6,000,000 to $7,000,000 level and there was an exceptional $15,600,000 sales in the first quater of 2011. In 2012, the top first quarter sale was LandVest’s sale of the Great Meadows estate in Concord for $5,264,699. Average first quarter sales prices have been generally more stable in the range of $2,400,000 to $2,900,000 over the past 10 years. In the first quarter of 2012 the average sale price was $2,928,195.

Days on Market, Sales, $2,000,000+, First Quarter, 2012

Days on market for first quarter high-end sales have varied dramatically over the past 10 years. Average days on market for Q1 2012 were 144 vs. 197 in 2011, 139 in 2010, and 308 in 2009. The average days on market for the first quarter over the period 2000-2012 is 184. Despite the continued uncertainty in the market, special properties expertly presented and well priced are selling.

Sales by Town, $2,000,000+, First Quarter, 2012

Seven of the 54 cities and towns in Middlesex County Massachusetts had high-end sales in the first quarter of 2012. Weston was the leader with 6 sales followed by Cambridge(3), Concord (2), Lexington (1), Newton (1), Wayland (1),and Winchester (1). For first quarter sales over the period2000-2012, the leaders are Newton (50), Weston (48), Cambridge (36), Concord (18),and Lexington (15).

This post was brought to you by Stewart Young (syoung@landvest.com). Whether it’s an elegant Greek Revival in Lincoln, a 130 acre farm in Medfield, or a waterfront summer estate on Stage Harbor in Chatham, Stewart advises buyers and sellers of some of the most distinctive properties in Massachusetts with a focus on Cape Cod, and the Metro West area of Boston. View Stewart’s current Real Estate listings.

For additional information about LandVest’s real estate consulting, appraisal, and brokerage services, please contact: Ruth Kennedy Sudduth.

The LandVest High-End Market Watch is a periodic review of select high-end markets in Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and the Adirondacks. Market data is collected from Multiple Listing Services and does not include private listings. LandVest makes no representation as to the accuracy of the data and therefore is not responsible for any actions taken as a result of use of or reliance on this information.

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May
2
MA Real Estate News, Cape Cod: High-End Market Watch, First Quarter, 2012
By LandVest
 

Cape Cod is internationally famous as a summer resort area and is increasingly popular for retirement living. It features miles of beaches, natural attractions, historic sites, art galleries, and four star restaurants and hotels. Outdoor activities include world class yachting, coastal and deep-sea fishing, numerous public and private golf courses, and a wide variety of other informal summer sports. The Cape is just 75 miles from Logan Airport in Boston, Massachusetts and T.F. Green Airport in Providence, Rhode Island.  Executive jet services are available at the Hyannis airport and there are several other smaller airports.  Cape Cod is divided into four regions: Upper Cape, Mid Cape, Lower Cape, and Outer Cape, each including several towns and villages. Upper Cape towns include Bourne, Sandwich, Falmouth, and Mashpee. Mid Cape towns include Barnstable, Dennis, and Yarmouth. Lower Cape towns include Harwich, Brewster, Chatham, and Orleans. Outer Cape towns include Eastham, Wellfleet, Truro, and Provincetown.

Active Listings and Sales, $2,000,000+, First Quarter, 2012

On Cape Cod, Massachusetts, the first quarter 2012 inventory of high-end listings grew as expected to 224 compared to 191 at year end 2011, but not as high as the record level of 235 listings in the first quarter 2011.  First quarter high-end sales increased significantly to 13 from 6 in the first quarter of 2011. The peak for first quarter sales was 23 sales in 2008.  Year end 2011 sales were down 10% from 2010, with exceptionally slow second and third quarters. LandVest brokers are reporting strong activity in their high-end market across New England and we are hopeful that this strong first quarter on Cape Cod will be followed by a strongspring and summer. We have the sense that buyers, who have been largely on the fence, are starting to realize that we are approaching a turning point in the market.

Highest and Median Sale, $2,000,000+, First Quarter, 2012

In the first quarter of 2012 the top sale on Cape Cod was LandVest’s sale of Mill Farm in Yarmouth Port for $6,000,000. This sale is a good example of changing buyer perceptions. In this case the buyer had been watching the property for several years and finally decided that it was time to act. The median value for high-end sales in the first quarter of 2012 was $2.4 million, the lowest level since 2004.

Days on Market, Sales, $2,000,000+, First Quarter, 2012

Days on market for high-end properties sold during the first quarter of 2012 were reduced somewhat to 536 from the record level of 577 in the first quarter of 2011. For 2000-2010, the average days on market for sales in the first quarters of the year ranged from 99 to 342 days. Given the large inventory of listings, it is likely that average days on market will remain high.

Sales by Town, $2,000,000, First Quarter, 2012

For the past few years the high-end market on Cape Cod has broadened as the perennial top markets have been perceived as being too expensive and as buyers have bid up the prices of special properties in other towns. While the volume in the first quarter of 2012 is small, the geographic spread continues to be broad. Nine of the fifteen Cape Cod towns had high-end sales in the first quarter of 2012 including Barnstable (Barnstable and Cotuit) (2), Chatham (2), Harwich (Harwich Port and West Harwich) (2), Mashpee (New Seabury and Popponesset) (2), Pocasset (1), North Falmouth (1), East Orleans (1), Truro (1), and Yarmouth Port (1).

This post was brought to you by Stewart Young (syoung@landvest.com). Whether it’s an elegant Greek Revival in Lincoln, a 130 acre farm in Medfield, or a waterfront summer estate on Stage Harbor in Chatham, Stewart advises buyers and sellers of some of the most distinctive properties in Massachusetts with a focus on Cape Cod, and the Metro West area of Boston. View Stewart’s current Real Estate listings.

For additional information about LandVest’s real estate consulting, appraisal, and brokerage services, please contact: Ruth Kennedy Sudduth.

The LandVest High-End Market Watch is a periodic review of select high-end markets in Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and the Adirondacks. Market data is collected from Multiple Listing Services and does not include private listings. LandVest makes no representation as to the accuracy of the data and therefore is not responsible for any actions taken as a result of use of or reliance on this information.
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Apr
17
LandVest Announces Two New Beacon Hill Properties in Boston
By LandVest
 

LandVest is Pleased to Announce Two New Properties in Boston’s Beacon Hill Neighborhood

The properties are located on two of the most sought after streets on Beacon Hill:
Mt. Vernon Street and Chestnut Street. A single family and a condominium, each ready for your cosmetic renovation and customization.

Sun-filled town house on Chestnut Street in Boston’s Beacon Hill
was built in 1829 by Cornelius Coolidge.

For more information, contact Terrence Maitland

____________________

Penthouse condominium on Mt. Vernon Street in Beacon Hill
has an abundance of natural light and panoramic city views.

For more information, contact Mary-Elisabeth Jones

____________________


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Mar
20
LandVest 2012 North Shore Inland Sales Increase
By LandVest
 

LandVest 2012 Pending Sales Set Strong Positive Tone for North Shore Equestrian Real Estate

North Shore of Boston sees significant large acreage, farms, and equestrian property sales and pending sales in 2012. Five significant equestrian properties have recently sold or are under agreement with list prices totaling over $15,000,000.

Of these, the most significant property is the LandVest listing of the 188± acre Meredith Farm in Topsfield with an asking price of $6,900,000. The estate, a 9.000± square foot mansion with barns, riding ring, farm house, 50± acres of open fields and paddocks, and building lot is under agreement. Also in Topsfield, Copper Beech Farm, an 80± acre classic horse farm listed by LandVest for $2,950,000 is due to close this month.

In Hamilton, three properties are under agreement or have sold this year and they include two horse farms off Highland Avenue. The first is an unlisted property on 20± acres which was sourced for a LandVest buyer; the property was offered at $3,000,000 and is due to close at the end of March. The other, an 11± acre estate with a 7,000± square foot main house, 8-stall stable and grooms quarters, sand ring, and paddocks sold for $2,950,000 on March 1, 2012. The third equestrian estate, located off Bay Road in Hamilton, is a c1936 brick, colonial on 20± acres, currently under agreement and listed at $1,895,000.

The LandVest listing of Aquila Farm off Bay Road, Hamilton is available with its 8,000± square foot main house, guest house, several barns with a total of 19 stalls, many acres of paddocks and pastures, pool, formal gardens, greenhouses, and ponds. The property is located on the Essex County Trail system and offers subdivision potential, currently listed at $4,950,000.

617 Highland Avenue in Hamilton is situated on 4 acres and features a renovated 6,000+ square foot Colonial with tennis/basketball court, gunite pool, bluestone patio, & pool cabana. The home features 9′ ceilings on the main floor, a gourmet kitchen, master with fireplace & his/her dressing rooms & new master bath. The lower level offers theatre, game room, exercise room, half bath & audio throughout. Direct access to Essex County Trail system.

Buyers continue to focus on unique high-end property holdings in premiere locations as pricing and interest rates remain attractive.

For more information on these properties or other Boston North Shore real estate, contact Lanse Robb or visit the Lanse Robb website .

Click here to view more North Shore Real Estate for Sale.

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Feb
8
Massachusetts Best Places to Live Featured Real Estate for Sale
By LandVest
 

Massachusetts Best Places to Live
Featured Real Estate for Sale

A wonderful opportunity to own on secluded Goose Point in Duxbury.
Abuts conservation land and only steps to a private sandy beach.

Goose Point

48 Goose Point Lane
Duxbury, MA


$1,799,000

_______________________

Stunning Georgian Colonial overlooking the 18th fairway of the Weston Golf Club.
This estate in the desirable town of Weston has grand entertaining spaces,
beautiful grounds, a guest house and pool.

Meadowbrook

295 Meadowbrook Road
Weston, MA

$8,900,000

_________________________

10.23± acre property with spectacular panoramic views
over conservation land on Monument Street in Concord.
5,180+ square foot, three bedroom home situated on beautifully manicured grounds.

Monument Street Hilltop Retreat

695 Monument Street
Concord, MA   01742

$3,800,000

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NEW LISTING 94.8 acres abutting conservation land.
Equestrian opportunities with a 2,000 sq. ft. stable and an indoor riding arena.
Waterfront on Manchaug pond. Possible 5-lot subdivision.

Beaton Farm

56 Waters Road
Sutton, MA   01590

$1,600,000

_________________________

A landmark property in South Dartmouth and the entire South Coast.
There is outstanding privacy in 97± acres of land that is oriented north and south providing beautiful views of the ocean and beyond to the Elizabeth Islands
and Martha's Vineyard. It borders Mass Audubon's 700-acre preserve and
has frontage on Allen's Pond. The keystone is a custom designed 15-room
Shingle-Style home and guest house built in 2004.

97-Acre Waterfront Estate

740 Horseneck Road
South Dartmouth, MA

$10,000,000

_________________________

To view other LandVest listings  throughout Greater Boston, visit www.landvest.com or click  Listings for Boston, MA office.

For more information on buying or selling Real Estate or for information on other Real Estate Services that LandVest provides, contact Ruth Kennedy Sudduth, Director of LandVest’s Residential Brokerage Division.

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Dec
23
Middlesex County, MA Real Estate News: High-End Market Watch, Q1-Q3, 2000-2011
By LandVest
 

Middlesex County, Massachusetts is the most populous county in New England and is located west and northwest of Boston. It contains some of the wealthier towns in Massachusetts and was recently ranked 10th in the country in terms of the number of millionaires. It includes urban, suburban and rural areas reaching from urban Cambridge, home to Harvard University and the Massachusetts Institute of Technology, to the New Hampshire border.  Within Route 95/128, towns with high-end real estate include Belmont with its attractive historic Belmont Hill section, Lexington of Revolutionary fame, Newton, particularly the Chestnut Hill area and home to Boston College, and Winchester with wonderful vistas across the Mystic Lakes.  Between Route 95/128 and Route 495, along the Route 2 and Route 20 corridors, Carlisle, Concord, Lincoln, Sudbury, Wayland and Weston are small historic towns that have maintained a sense of their rural past. Sherborn is an anomaly linked more to the neighboring equestrian towns of Dover and Medfield in Norfolk County.  Outside Route 495, Groton is notable for its early nineteenth century architecture, substantial farmland and two highly-regarded boarding schools: Groton School and Lawrence Academy.

Active Listings and Sales, $2,000,000+, Q1-Q3, 2000-2011

In Middlesex County, Massachusetts, in the first three quarters of 2011 the inventory of high-end listings shrank from record levels in the previous quarter (154 vs. 193 listings at the end of June) and compared to the same time last year (182 listings at the end of September 2010).   The first quarter of 2011 had experienced a dramatic decrease in high-end listings down to nearly record lows of 130 so the second quarter was particularly active in terms of new listings coming on the market and the reduction in the number of listings in the third quarter is even more striking.

High-end sales through September are slightly higher than last year (63 vs. 57 in 2010), but significantly behind the average of 74 sales over the past 12 years.  Peak high-end sales for the first three quarters occurred in 2007 with 105 sales.  The first quarter of 2011 started off more strongly than 2010 and several record sales created an optimistic buzz in the brokerage community. The second quarter did not keep up this accelerated pace and, while the third quarter of 2011 was stronger than last year, at the end of September the number of sales is off approximately 40% from the peak. On the positive side, while off from the peak, the high-end market in Middlesex County appears to have stablilzed at a reasonable level compared to historic levels of inventory and sales.

Highest And Average Sale, $2,000,000+, Q1-Q3, 2000-2011

Sale prices for the first two quarters peaked in 2005 to 2007 at the $6,000,000 to $7,000,000 level with an anomalous $10,000,000 sale in 2008. In 2011, the top sale to date was a record $15,600,000 in Weston. There was another nearly record sale in Weston at $8,350,000.  Average sale prices have been generally more stable in the range of $2,700,000 to $2,900,000 over the past 10 years. In the first three quarters of 2011 the average sale price was $2,870,048.

Days On Market, Sales, $2,000,000+, Q1-Q3, 2000-2011

Days on market for high-end sales in the first three quarters have varied considerably over the past 12 years. Average days on market through September of 2011 were 183 vs. 180 in 2010, 240 in 2009 and 173 in 2008. The average days on market for the first three quarters over the period 2000-2011 was 178. Despite the continued uncertainty in the market, special properties expertly presented and well priced are selling, but it can take time, although not much longer than in years past. Buyers continue to demand value and are leery of projects. Land sales have been mixed with developers being particularly risk averse.

Sales By Town, $2,000,000+, Q1-Q3, 2000-2011

Ten of the 54 cities and towns in Middlesex County, Massachusetts had high-end sales in the first three quarters of 2011. Newton was the leader with 18 sales followed by Weston (12), Cambridge (10), Belmont (6), Lexington (6), Winchester (4), Concord (2), Lincoln (2), Sherborn (2), and Sudbury (1). For sales in the first three quarters over the period 2000-2011, the leaders are Weston (219), Newton (201), Cambridge (138), Concord (99), Lexington (56), and Lincoln (37). On a population-adjusted basis, Weston remains the sales leader followed by Concord and Lincoln.

Stonegate Farm in Wayland, MA is currently for sale

Wayland Pastorale in Wayland, MA
was a record sale

Riverwalk in Lincoln, MA was a record sale

Click for more information about Middlesex County Real Estate for sale.

This post was brought to you by Stewart Young (syoung@landvest.com).  Whether it’s an elegant Greek Revival in Lincoln, a 130 acre farm in Medfield, or a waterfront summer estate on Stage Harbor in Chatham, Stewart advises buyers and sellers of some of the most distinctive properties in Massachusetts with a focus on Cape Cod, and the Metro West area of Boston.  View Stewart’s current Real Estate listings.

The LandVest High-End Market Watch is a periodic review of select high-end markets in Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and the Adirondacks. Market data are collected from Multiple Listing Services and do not include private listings. LandVest makes no representation as to the accuracy of the data and therefore is not responsible for any actions taken as a result of use of or reliance on this information.

For additional information about LandVest’s real estate consulting, appraisal and brokerage services, please contact Ruth Kennedy Sudduth.

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Dec
13
North Shore, MA Real Estate News, Best Place to Live
By LandVest
 

Patton Offers Real Estate to Town of Hamilton, MA.  Hamilton Consistently Ranks High on Best Places Lists

Joanne Patton has generously offered her home and 27 acres on Asbury Street to the town of Hamilton.  Town officials discussed a plan that would include new playing fields, potential river access and possible housing opportunities.  Available open space for community use in our North Shore towns is becoming a big issue as the need for certain types of housing and recreation playing fields for baseball, soccer and lacrosse is increasing.  Local sports programs currently rely on the Pingree School, Gordon College and the town fields to meet their needs. Joanne Patton was married to Maj. Gen. George Patton who died in 2004 and daughter-in-law to the the famed WWII General George S. Patton. 

Hamilton is known for its equestrian estates and includes many historic homes and beautiful pastoral landscapes.  In 2011, Boston Magazine named the Hamilton-Wenham Regional School District the ninth best public school district in the state.  In fact, the school’s athletic teams are called the Generals after General George S. Patton.

Hamilton/Wenham was named one of the “Best Places to Live” in 2010 by Boston Magazine, and is also ranked #1 as the safest city to live in for families with young children by Sperling’s “Best Places”.  Only 23 miles from Boston and an easy commute via commuter rail to Boston’s South station, Hamilton remains a popular choice to live. 

For available Hamilton, MA real estate for sale and nearby North Shore towns, contact Lanse Robb (lrobb@landvest.com) or visit the Lanse Robb website . 

Click here to view more North Shore Real Estate for Sale. 

Aquila Farm Equestrian Estate with its large post
and rail fenced pastures in Hamilton, MA

6 Black Brook Road is an equestrian's dream
situated on more than 10 acres in Hamilton, MA

 

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Nov
29
Boston’s Largest Commercial Lease is Good News for South Shore Real Estate Too.
By LandVest
 

Could the news that Vertex Pharmaceuticals is
moving from Cambridge to Fan Pier mean good things
for the housing market on the South Shore?

The news that Cambridge based Vertex Pharmaceuticals will be relocating to Fan Pier in Boston was greeted with predictable applause from city of Boston officials and commercial real estate professionals in the South Boston/Downtown area, but there were cheers from the South Shore as well. Vertex Spokesman Zachry Barber reports that the agreed upon lease term is for 15 years and will include an average annual rent of $72.5 million. The two buildings to be built will total 1.1 million square feet, and will be the new home of thousands of workers. Vertex’s new addresses will be at 50 Northern Ave. and 11 Fan Pier Boulevard.

This new location is ideally situated to take advantage of the commuter transit options from the South Shore communities of Hingham, Cohasset, Scituate, Marshfield, and Duxbury. While commuters to Cambridge are more often traveling from the Metro West markets, workers heading to and from Fan Pier and the Financial District have more typically opted for the South Shore communities and the commute by boat or train.

This waterfront Cape-style home in Duxbury is only 33 miles south of Boston with easy access by highway, commuter rail or ferry.

The MBTA boat commute offers convenient hourly travel from Quincy, Hull, and Hingham right to Rowes Wharf or Long Wharf. For commuters, there is also the recently completed Greenbush rail line connecting South Station to Scituate. The walk from Fan Pier to Rowes Wharf or South Station is an easy 5-10 minutes. Real estate experts are expecting to see some commuting patterns change as the Fan Pier location becomes more of hub of employment.

About 20 miles southeast of Boston, this Nantucket Shingle-style home is an easy commute by car, bus, ferry or the commuter train.

Terry Boyle, who works the high end real estate market on the South Shore for LandVest, points to the commuter boat as being a huge attraction for either relocation buyers or families leaving the city. “I have had two or three buyers in the last 12 months, who have fallen in love with the boat commute, the great schools, and the beaches. It’s great to hear they are that happy with the decision.”

For those interested in seeing the expanding inventory of homes and land available on the South Shore, please visit landvest.com

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Nov
15
Best Place to Live: Dream Home on Todd Pond in Lincoln, Massachusetts
By LandVest
 

Todd Pond Estate Designed for Fun and Function

Aerial of Todd Pond and Estate

Front exterior of
109 Todd Pond Road Estate
in Lincoln, Massachusetts

Outdoor entertaining spaces
at the rear of the house capture
views of scenic Todd Pond

Completed in 2004, a young dot-com entrepreneur built his dream house on Todd Pond in Lincoln, Massachusetts.  The property, set on ten private acres, was developed in collaboration with the Lincoln Rural Land Foundation and resulted in preservation of 17+ surrounding acres and the linkage of a key piece of the Lincoln trail system.

Designed by Morehouse McDonald, the high tech home was built with “smart” technology including an advanced ground-loop geothermal system for cooling. The 15,000 square foot house with 28 zones of radiant heat is extremely energy efficient and according to the owners costs less to heat than a house half its size.

Outdoor living room with fireplace
and radiant heated floor

The house was built for both formal and casual entertaining. This outdoor living room with a fieldstone fireplace and radiant-heated floor extends the outdoor entertaining season until late fall or even early winter.

The reclaimed ten-pin commercial bowling lane is situated adjacent to the media room and entertainment area. It comes complete with computer scoring and automatic ball return.

Lower level bowling lane is seamlessly incorporated into the entertainment area

Two-level theater features state-of-the-art 120" screen with 1080p projection system.

The home theatre is integrated with the bowling lane seating area so that guests can hop up from a game and hone their bowling skills during half-time intermission – or any break in the action.

Hand-crafted wine cellar
made from oak timbers

Custom built in Europe by the finest craftsmen, this mahogany library was imported and installed on site

Kitchen with custom cherry cabinets
and granite countertops

Making thoughtful use of excess materials on the property during the construction process, the owners had this 1000+ bottle wine cellar hand-crafted from oak timbers that were harvested on site.

The ultimate chef’s kitchen boasts views of the Todd Pond and includes an 11-foot island for food preparation as well as gathering. There is plenty of room for more than one chef at a time and the top-of-the-line appliances, including a custom Lacanche Stove, imported from France, make it a pleasure to cook here.

Bright master bathroom with beautiful travertine marble floors. This luxurious bath features a custom 20,000-stone mosaic floor hand-crafted in Lebanon

Enjoy the view from the family room's curved wall of floor to ceiling windows

Living room with imported
Carrera marble fireplace

Both the family room off the kitchen and the formal living room offer the classic elements of high ceilings, triple-crown moldings and wood-burning fireplaces. In addition, the family room has French doors to the terrace overlooking Todd Pond.

This tennis court/basketball court is just one of many recreational features

The property boasts recreation opportunities for young and old alike.  This hard surface tennis court also doubles as a basketball court. The property links directly to trails allowing one to run, walk, cross country ski, hung or even ride a horse right from home.  Todd Pond offers fishing for bass and other fish and ice skating in winter.

Swimming pool/conservatory

This saltwater maintenance-free pool is a family delight!  Situated right off the kitchen, the pool is enclosed with mahogany window walls on four sides including two 26-foot-wide sliding doors that open to the outdoor patio. The family uses the pool year-round.

19-acre Todd Pond stocked with bass and other fish

This property has it all including ultimate seclusion and privacy with the ability to walk to Lincoln center for dinner or to catch the commuter rail to Boston’s North Station.  The owners chose this location for its easy access to Cambridge, Boston and to private aviation at nearby Hanscom Field.

Click here to see the many systems and features of the house.

LandVestThis blog entry is brought to you by Terrence Maitland (tmaitland@landvest.com) who has been assisting buyers and sellers of Weston, MA Real Estate, as well as distinctive real estate in the Boston area for over 20 years.  Terry and his sales partner Nicole Monahan have achieved a portfolio of record sales in Brookline and Boston environs.

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Nov
9
The Mandarin Oriental in Boston, MA
By LandVest
 

The Residences at the Mandarin Oriental in Boston, MA:
LandVest’s Listing Offers Luxury, Location and Convenience

Panoramic view of Charles River from the terrace of
this outstanding 6,111 sq ft residence at the Mandarin

Looking for Boston’s highly coveted address? You will find it at 776 Boylston Street – in the heart of Boston’s Back Bay – home of The Mandarin Oriental. This spectacular five-star hotel and residential complex was completed in 2008, with some 49 luxurious private residences with full hotel and dedicated concierge services.

On the day the doors opened, The Mandarin Oriental residences were already sold out, as the new residential owners had contracted for their units in some cases years earlier, before the ground had even been broken on the 14-story building adjacent to the Prudential Center.

Living room has stunning views on
three sides and access to two terraces

The complex was the brainchild of developers Steve Weiner and Robin Brown, the latter a former hotelier who knew exactly what would appeal to a clientele interested in the ultimate luxury, convenience and location. The pair, with an able assist from CBT architects, who designed the building, fashioned a product filled with the finest amenities.

What is it that attracts residents to the Mandarin and commands some of the highest prices in Boston? Start with high ceilings, walls of glass, terraces and outdoor spaces (in many cases), and top quality design and materials. Next, the vibrant location with fine dining, chic boutiques and bustling activity at every turn. Add in the full concierge services, from valet parking (or self-park) to package delivery and a staff that anticipates your needs. Mix in full hotel services at your fingertips including catered cocktail and dinner parties in your own home, and you have a wildly successful formula. This is the place to be.

Entertain on a grand scale in this dining room with terrace access and breakthtaking views

The most outstanding listing at the Mandarin Oriental at present is LandVest’s Unit West 11-B, a 6,111-square foot residence that offers generous and luxurious spaces, not to mention views on three sides, including the panoramic tableau of Back Bay roof tops and the Charles River – from Fenway Park to Beacon Hill.

The master bedroom suite
offers "his and hers" baths

The unit offers abundant natural light through floor-to-ceiling windows and two outdoor terraces.

The floor plan reads like a single family home and includes a large dining room and living room, each with incredible views, access to outdoor space and gas-log fireplaces.

The family space offers a luxurious master bedroom with his and hers closets and full baths, along with two generous family or guest bedrooms with en-suite baths. A walnut-paneled library with fireplace also commands stunning views.

The offering price of Unit West 11-B, one of the largest units at the Mandarin, is $12,500,000

By way of comparison, since its 2008 opening, the Mandarin Oriental has experienced 17 sales and resales above $6 million, including five above $10 million. The per square foot prices have ranged as high as $2,475.

This unit is the largest and most desirable unit offering one-floor living available in Boston at this time.

LandVest This blog entry has been brought to you by Terrence Maitland (tmaitland@landvest.com) who has been assisting buyers and sellers of Weston, MA Real Estate, as well as distinctive real estate in the Boston area for over 20 years. Terry and his sales partner Nicole Monahan have found homes for buyers that were not yet for sale, and have achieved a portfolio of record sales in Brookline and Boston environs.

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