Tag Archives: single-family home

Boston Real Estate Sales Market: Why Now is a Good Time to Sell

Boston’s population is the highest it’s been since the 1970s, up to over 625,000 people. With cranes as far as the eye can see, new developments are going up in areas considered in the past to be tired or rundown. However, buildings are not going up as fast as the demands call for it.

Buyers are chomping at the bit to enjoy the lifestyle that comes with city living offered in the downtown neighborhoods of Boston. Convenience of shops and restaurants, little to no need for cars, and the vibrant energy of the city are appealing to young professionals, empty nesters, and young families. More people prefer the location and lifestyle that comes with living in a condo over square footage and a yard that comes with a single family home. The demand is high, inventory remains low, and people are ready, willing, and able to pay what the market demands. The competition between investors and home buyers is stiff. Investors are fully aware rentals are in as much high demand as condos, so they are not concerned with the investment potential associated with rental property.

Boston city living is in high demandOver the weekend Matthew Gaskill and Alisa Peterson hosted an open house at their listing 41 Commonwealth Ave #3. A beautiful lofted one bed on the second block of Commonwealth Ave in Boston’s Back Bay neighborhood priced at $489,000. The open house was from 11:30am-1pm, in the hour and a half the door was open, over 50 groups came through. The buyers ranged from first-time homebuyers, empty nesters, and investors. And as a result the property was under agreement Monday evening after receiving multiple offers.

This is not a rare occurrence and it is fantastic for sellers. The high demand is driving up prices and lowering the days a property is on the market. More properties are coming on the sales market, however,  and well-priced properties are going under agreement after the first open house. Why wait until next year to sell? We know today’s buyers have the strongest buying power in years. Inventory remains low. Low inventory means low competition which equals the highest price possible.

Posted in Boston Property, Condo, First Home, Investment Property, Real Estate Sales Market, Sell property | Tagged , , , , , , , , , , , | Leave a comment

What Does $700K Buy in South Boston?

The real estate sales market in South Boston is hot. In the last 6 months 306 properties have sold in South Boston, beating Back Bay, Beacon Hill, and South End. This could be due to a combination of facts:

According to MLS, over the last 6 months in South Boston, 2 single family homes and 9 condos have sold between $650-$750K. The average sold price per square foot was $260 for single family homes and $403 per square foot for condos.

52 P Street

This single family home listed for $679,000 could be converted into a two family home making it into an income generating property. At 2,880 square feet and with 4 bedrooms, 4 bathrooms, and 2 kitchens, this home sold in 8 days for $665,000.

52 P Street - Bode Well

52 P Street – Bode Well


106 G Street

This charming 3 bedroom, 2.5 bathroom is located in one of the most desired and famous locations in South Boston, Dorchester Heights. This renovated townhouse has 2,250 square feet of living space, was listed $649,000, had an accepted offer after being on the market for two weeks, and sold for $650,000.

106 G Street - Keller Williams

106 G Street – Keller Williams

 

404 E 3rd Street #2

Originally listed for $679K , this 2,478 square foot 3 level renovated condo has everything. With 3 bedrooms, 2.5 bathrooms, parking, 3 decks, and a spacious open layout, it is no wonder it sold after 10 days on the market for $668,500.

404 E 3rd Street #2 - RE:MAX Realty Plus

404 E 3rd Street #2 – RE:MAX Realty Plus

 

392 W 2nd Street #392

Over on the West Side of Southie, this newly constructed condo has 2,000 square feet of living area with 4 bedrooms, 2.5 bathrooms and a full 3 car garage underneath. Originally listed for $699,900, this condo sold for $670,000 after 136 days on the market.

392 W 2nd St #392 - Boston Realty Sales and Services

392 W 2nd St #392 – Boston Realty Sales and Services

 

Search here to see homes for sale in South Boston for $700,000. Or you can see what you can buy $500,000 in South Boston on a previous blog post.

If you are interested in discussing your search in more detail to find out if South Boston is the right neighborhood for you, contact the Realtors of the Matthew and Alisa Group.

Schedule a consultation with a Realtor

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4 Actions to Do Today to Buy Property in 2013 Real Estate Market

The past year has seen plenty of excitement in the real estate sales market. Even though the inventory was low, many properties went under-agreement quickly and with multiple offers on the table. Many buyers we worked with came out on top after the best and final while others didn’t. For those who didn’t, we were close a few times and in other cases the buyer wasn’t mentally and emotionally prepared for battle.

Here are a few tips to get ahead now for the buying frenzy of 2013:

1) Get your finances in order!

I don’t mean check your bank account and see if you have enough in there to cover a down payment. If you have certain bills hanging over your head, pay them off. Check your credit to make sure there are no issues you are not aware of.

Schedule time to meet with a lender. You can go to your local branch of your bank, but it may be to your best interest to investigate a few lenders. Your real estate agent should be able to provide the names of at least a couple lenders who can make the transaction as easy as possible. Have them review your credit, tell you what sale price you will quality for, and give you a pre-approval letter. *

*Check with the lender to see how long the letter is good for. If you decide to wait until the summer to buy, the letter may expire.

2) Do your research.

Preparing Today to Buy TomorrowIf you are new to the real estate sales market or have taken a break, do your research on what is going on in the neighborhood(s) of your preference. Once you have taken care of the first step and know what your finances are and what you can spend, search what you can get in the neighborhood where you want buy property. Prices may fluctuate by the time you are actively searching, but at least you will have a better understanding of the real estate sales market and will be less surprised come spring.

3) Speak with a Realtor now.

Even though the beginning of the year is the slower season in the real estate sales market, there are still Realtors out there that will be happy to talk to about how to buy property and help you understand the real estate market. Find someone you trust or who comes recommended by family or friends. You may have a distant cousin or a friend of a friend who moonlights as an agent, but will they provide the same service as a full-time experienced Realtor? Talk to both and then make your decision.

4) Get rid of stuff you don’t need and don’t buy new furnishings that will create a hurdle in finding your perfect home.

I love helping find my clients buy property, whether for an investment, a starter home, or a place to grow old in. However, when it comes to moving, there is nothing I hate more. From now on my plan is to get rid of everything I don’t need or use. Before you decide whether or not to keep an item, take a moment to think, “is this something I will want to pack, move, and unpack.” With this in mind, don’t buy things now for a home you will like to have in the future. It is incredibly frustrating when you buy a huge couch because you plan to buy a bigger space and it was on sale. Then you find the almost perfect home, but the layout doesn’t work with the couch.

Buying property is an emotional endeavor. At times it will be frustrating and heart-breaking, but the more you are prepared before you start, the stronger an opponent you will be when it’s time for battle.

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What Does $2 Million Buy in Boston's South End?

When comparing some of the popular downtown neighborhoods of Boston, the data shows buyers get more for their money in the South End than they might in Back Bay or Beacon Hill. In the past 6 months, 12 condos and 9 single family homes were sold in the South End for the $2 million range. The average sale price per square foot for single family property was $619 with an average living area of 3318 square feet. The average sale price per square foot for a condo was $837 with an average living area of 2407 square feet. The difference being many of the condos are in new construction, full-service buildings.

43 Lawrence Street

Located on a quiet one way street that runs the 2 blocks between Dartmouth Street and Berkeley Street, this renovated single family home was originally listed for $1,795,000. With 3 bedroom, 2.5 bathroom home sold in 17 days for $1,775,000.

43 Lawrence Street - Rondeau:Tierney Real Estate, LLC

43 Lawrence Street – Rondeau:Tierney Real Estate, LLC

 

7 Worcester Square

This single family home is a perfect example of why pricing your home to sell is crucial in getting it sold. This 5700 square foot Victorian townhouse featured 6 bedrooms, 3 full bathrooms, and 2 half bathrooms. This home was renovated from top to bottom with no detail unnoticed and sat on the market for 586 days. I don’t know all the details about why it sat for long, but according to the MLS data it was listed in January 2011 for $3.5 million. The first price reduction was in October 2011 to $2.779 million and eventually expired at the end of online casino December. Then came back on the market in January 2012 for $2.629 million and was reduced again to $2.575 million in February. This single family was then re-listed with another office at the end of September 2012 for $2.575 million and was sold in 17 days for $2.325 million.

This home could have sat on the market for many reasons and I don’t know the particulars but based on the data, price may have been a major issue.

7 Worcester Square - Sprogis & Neale Real Estate

7 Worcester Square – Sprogis & Neale Real Estate

 

1313 Washington Street #230

Wilkes Passage is a new construction, full service, luxury condo located on Washington Street. This 3 bedroom 2 bath 1892 square foot condo was tasteful, elegant, and spacious. Listed for $1,695,000 and sold for $1,775,000 in 3 days making it $938 per square foot, parking sold separate.

1313 Washington #230 - Coldwell Banker Residential Brokerage

1313 Washington #230 – Coldwell Banker Residential Brokerage

 

42 Union Park

Union Park is perhaps the most desired street in the South End, which mean properties on Union Park are priced and sold at a premium. This condo featured 3 bedrooms, 3.5 bathrooms, high ceilings, original details, private patio, and parking. At 3,165 square foot, this parlor triplex was listed for $1,895,000 and sold for $1,842,500 in 9 days.

42 Union Park #1 - Keller Williams Realty International

42 Union Park #1 – Keller Williams Realty International

 

The South End offers living options for multiple lifestyles and at $2 million in the South End, a buyer can find something spectacular.

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What Does $2.5 Million Buy in Back Bay?

We already know what you can buy with $1 million in Back Bay but how much does the inventory change at $2.5 million?

According to MLS for the last 6 months, 22 condos and 1 single family home sold between $2 million and $3 million in the Back Bay neighborhood. The average sale price was $2,379,136 with the average sale price per foot was $1042.

Commonwealth Avenue

Listed for $2,395,000, this incredible 3 bedroom duplex on historic Commonwealth Avenue sold in 25 days for $2,323,000. The 2275 sq ft condo featured 2.5 bathrooms, a beautiful terrace, a garage parking space, and central heat/ air conditioning.

247 Commonwealth Avenue - Coldwell Banker Residential Brokerage

247 Commonwealth Avenue #A – Coldwell Banker Residential Brokerage

 

Boylston Street

The Mandarin Oriental Boston offers the highest level of luxury which shows in every detail of their condos. This 1,953 square foot 2 bedroom and 2.5 bathroom on the 11th floor was listed for $2,895,000 sold for $2,550,000 and included parking. As is common in the Mandarin Oriental, the condo sold for a premium price per square foot, $1305 per square foot in the case of this 11th floor condo.

776 Boylston Street - Hammond Residential

776 Boylston Street E11E – Hammond Residential

 

Beacon Street

This 3,100 square foot 4 bedroom 4 bathroom was listed for $2,699,000 and sold in 20 days for $2,550,000. This property featured single level living, direct elevator access, 2 parking spaces and much more square footage that one would normally find in this price range in Back Bay because it was a co-op building instead of a condo building. This buyer bought shares in the building, not the actually space, which is more common in New York City than it is in Boston.

282 Beacon Street - Campion and Company

282 Beacon Street #2 – Campion and Company

 

Newbury Street

When most people think of Newbury Street, they conjure up images of high end shopping, funky boutiques, relaxing salons, and the much deserved frozen yogurt break. Not many would think that hidden behind one of the many brownstones, there was a stylish modern penthouse that featured 2124 square feet of living space, 3 bedrooms, 3 bathrooms, and 3 parkings spaces. Listed at $2,859,000 this condo with private deck with grill and hot tub, sold for $2,800,000.

294 Newbury Street - Warren Residential Group

294 Newbury Street PH – Warren Residential Group

 

Marlborough Street

Even though the single family home was an anomaly in this price range in Back Bay, it is worth mentioning. On the market for a total of 1502 days! Originally listed in April of 2007 for $3,899,000 this 4,440 square foot 5 bedroom plus study with 3.5 bathrooms sold this past June for $2,774,500 after finally being reduced to $2,895,000. It may have taken awhile but it just shows that the economy is coming back up and people are investing in high end real estate.

434 Marlborough Street - Boston Realty Advisors

434 Marlborough Street – Boston Realty Advisors

 

The market for luxury real estate in Boston’s premier locations continues to produce sales. If you are in the market to buy property in Back Bay, please contact us for more information.

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What Can You Buy for $500,000 in South Boston?

South Boston had a bad reputation at one point. If you watched Good Will Hunting, Gone Baby Gone, or the forgettable (or unforgettable depending on your love of bad movies and Donnie Wahlburg) Southie, you may have an impression that South Boston has a reputation of being the wrong side of the tracks. It’s this stigma that has kept property values reasonable compared to other neighborhoods in Metro Boston. However, perception is changing and prices are climbing. The East Side, close to City Point, Thomas Park, and the beach, has been attracting young professionals and families in recent years. The West Side, close to Seaport, Broadway T station, and the South End, has been a little slower but with new development projects and popular restaurants opening, this are has also been undergoing change. The biggest factor that lets you know that the Southie of old has been transformed is the fact that Starbucks is opening on the corner of Dorchester Ave and West Broadway because you know Starbucks did not decide on this location before spending millions of dollars researching the area and its potential.

So what does your money get you in South Boston? Let’s start at $500,000.

Over the last 6 months, between $450,000 and $550,000 in South Boston has bought single family homes or new construction/renovated condos. According to MLS, 5 single family homes have sold at an average sale price of $504,680 and the average price per square foot was $312. However, in the same time-frame and price range, there were 74 condos sold at an average sale price of $498,281 or $380 per square foot.

And now for some properties!

East 4th Street

Located 2 blocks from the beach and listed at $519,000, this renovated 1,700 square foot 3 bedroom, 2.5 bathroom single family house sold over the list price in 21 days for $519,500.

860 East 4th - RE:MAX Realty Plus

860 East 4th – RE:MAX Realty Plus

 

East 7th Street

Located in the highly-desired East Side of South Boston, this single family home featured 1812 square feet of living space, 4 bedrooms, 2 bathrooms, and a beautifully patio. Listed at $524,900, this home sold above asking price in 8 days for $529,900.

691 East 7th St - RE:MAX Select Realty

691 East 7th St – RE:MAX Select Realty

 

West 7th Street

On the West Side of South Boston, this renovated penthouse condo featured 2 bedrooms, 2.5 bathrooms, and a private roof deck. At 1,244 square feet, this condo was listed for $499,000 and sold in 17 days for asking price.

163 West 7th Street - RE:MAX Realty Plus

163 West 7th St – RE:MAX Realty Plus

 

West 3rd Street

This renovated 1,218 square foot penthouse condo is located near the Seaport and the South End. This condo featured 2 bedrooms, 2 bathrooms, and private deck with incredible city views. Listed for $539,900, this condo sold in 6 days for $535,000.

159 West 3rd Street- Vogt Realty Group

159 West 3rd St – Vogt Realty Group

 

If you are interested in learning more about South Boston, check out our blog posts about the history of the St. Patrick’s Day Parade and a Victorian mansion for sale.

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Street Tour of Union Park in Boston’s South End

Union Park is arguably the most iconic and desirable block in the South End neighborhood of Boston. Union Park is the section of the street located between Tremont Street and Shawmut Avenue, whereas the rest of the street is known as Union Park Street. The evolved neighborhood aspect of the area are a large draw, as is the proximity to many of the city’s best dining options. The location also provides  an easy commute to offices in Back Bay, the Financial District, and Downtown. The sunny nature of the wide street built around a park is another reason the block is sought after, but the combination of all Union Park offers is what sets it above other blocks in the area.

Another aspect to the appeal of Union Park is the large footprints of the buildings, with Union Park lots offering some of the widest lots in the South End. Chester Square on Massachusetts Avenue and Worcester Square are the other two South End blocks known for their wide lots.

The Union Park block was inspired by the elegant garden squares of London and followed Charles Bullfinch’s use of park squares in downtown Boston. Union Park and Worcester Square, another South End park square, were laid out as parks in 1851. Construction of the houses surrounding Union Park was complete by 1859.

The original design of the park included fountains topped by the mythological “Leda and the Swan” and featured a central path of crushed stone. The path was lined trellises and flower beds with a row of elm trees along each side. The fourteen original trees survived until the 1990′s and it is said their high canopy formed a cathedral over the park, which was particularly beautiful when covered with snow.

The original cast-iron fence surrounding the park matched the one around Beacon Hill‘s Louisburg Square. The fence present today replaced the original in 1913 and was restored in 2009.

The homes surrounding Union Park consist of both flat and bow-front brick row houses originally built as single-family mansions. The homes feature Victorian details such as their ornate cast-iron fences and railings, operable wood shutters, and carved limestone headers above the windows and entryways. Examples of various architectural styles are present around the block such as Greek Revival, Italianate, and Renaissance Revival.

Union Park in the South End neighborhood of BostonStone stoops leading to the parlor level are another feature of Union Park homes. Warm summer nights often result in residents enjoying  the weather with their neighbors. A couple of years ago, the stoops were filled with wine-drinking residents watching Ben Affleck and Tommy Lee Jones film a scene from the movie Company Men.

Whole buildings sold in the last 10 years as either single-family homes or multi-family buildings sold between $1.22 million and $4.55 million with a median price of $2.2 million. These buildings are around 35,000 square feet, which means they sold for an average price per square foot of $480.

Many of the the houses built at single-family homes have been divided into condos over the years. These condos range from a two bedroom/1 bath with 811 square feet that sold for $426 thousand to a 3 bedroom/3.5 bath condo with 3400 square feet that sold for $3.275 million. The median price of condos on the block was $685 thousand over the last ten years with an average of $661 per square foot.

Former famous residents of Union Park include:

  • 4 Union Park - John Quincy Adams Brackett, Governor of Massachusetts. The house last sold in 2006 for $4.55 million.
  • 5 Union Park - Samuel Stillman Pierce of S.S. Pierce & Co. The grocery magnante got his start by bartering with ship capitains in Boston Harbor, exchanging provisions for delicacies from foreign ports. His business thrived in part because of celebrity clients Daniel Webster, John Quincy Adams, and Oliver Wendall Homes, Sr. The house last sold in 2005 for $2.1 million.
  • 16 Union Park – H.P. Kidder, founder of the stock brokerage firm Kidder, Peabody, and Co.
  • 34 Union Park - Alexander H. Rice, politician. Rice was a founder of the Republican party in Massachusetts and the first Republican Mayor of Boston. During his tenure as Mayor, Boston’s Back Bay neighborhood was developed. Rice went on to serve as a member of Congress during the Civil War and then as Governor of Massachusetts.
  • 51 Union Park - Dr. Joseph H. Warren, medical aide to Abraham Lincoln.

For more information on Union Park homes for sale and apartments for rent, contact the Realtors of Matthew and Alisa Group Real Estate.

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Restoration vs Development in South Boston

After viewing the unique property at 928 East Broadway in South Boston recently, I started thinking about the line separating historical preservation and new development. The client who was interested in the property is an investor whose intent was to tear down the existing structures and build a new condo development on the land. It is not as though the developer could not appreciate the charm and significance of the Second Empire mansion built in 1867, but the land would be worth more to him with a new building than with the existing structure. He’s not alone as most of those who have shown interest in the property have had similar plans.

South Boston mansion at 928 E BroadwayAs a single-family home of over 6066 square feet the mansion with a mansard roof offers a significant amount of space for any neighborhood in Boston’s downtown neighborhoods. The current price of 2.3 million dollars looks good considering any other property in Boston’s central neighborhoods with over 6000 square feet is asking for over 4 million dollars. But once you factor in an adjustment for location (the competing properties are all in Back Bay or Beacon Hill) and the need for a total renovation the perceived savings disappear. Consider a middle of the road 250 dollar per square foot renovation and you are looking at a 1.5 million dollar restoration project.

The cost concerns are one reason most potential buyers have been looking at the property for development, but the other reason is the half acre of land located on East Broadway a block from the beach and Pleasure Bay. Only one property on the market in Boston’s central neighborhoods offers as much land and it is a parcel in New Market Square zoned for commercial use.

“Given the investment potential of a half acre corner lot a block from the Atlantic Ocean, why has it not sold?”

Good question.

Part of the answer has to do with two parcels existing on one deed, each with encumbrances on each other, but the biggest potential hurdle may be resistance to leveling an historic residence. The property is not listed on the National Registrar of Historic Places or any other list of protected property, but it is an historic property.

928 East Broadway was built in 1867 for James Collins, a wholesale liquor distributor and a real estate investor who developed much of the City Point area of South Boston during the late 1860’s to late 1880‘s. The remaining large scale frame mansard residences in Boston include the Manning/Johnson House at 69 Thomas Park and 928 East Broadway. The home features an unusually deep set-back, in part because Colins owned the entire block now bordered by East Broadway to the South, Farragut Road to the East, East 3rd Street to the North, and P Street to the East. Before Day Boulevard was constructed, the plot of land owned by Collins was oceanfront property.

Collins built brick homes at 936-942 East Broadway for his children

The Queen Anne brick row houses Collins built for his children

In 1884, Collins hired architect Patrick W Ford to build the Queen Anne brick row houses located adjacent to his residence at. Collins built these homes for his children and in 1890 he built the more utilitarian row houses at 823-833 East Third Street for his employees.

The recent history of 928 East Broadway is more humble as it served as a boarding house as recently as 2006.

I assume, as have most of the potential investors, proposals to tear down the existing building will be met with objections from abutters and the neighborhood association.

I can see the argument for historical preservation and love Boston for its sense of history, especially when it comes to its wide-ranging examples of different architectural styles. The problem is when those with no financial stake have the ability to restrict progress and affect the finances of a landowner. It is a fine line, one that must be dealt with on a case-by-case basis, and in better ways than I have seen recently.

Personally, I would love to see the mansion at 928 East Broadway restored to the elegant single-family home it once was. But without the checkbook to see it through, does what I want matter?

Please let me know your thoughts in the comments below. I would like to know what you think about 928 East Broadway and regarding restoration vs development in general.

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The Real Estate Sales Market's Paradox of Choice

I recently watched an episode of TED Talks featuring psychologist Barry Schwartz discussing the Paradox of Choice (also the name of his book). According to Barry Schwartz, the American mantra of more choices equaling more freedom, which in turn results in more welfare is not only wrong, it is harmful. Too many choices affect a person”s ability to choose by causing decision paralysis, unable to make any choice at all. If the person does make a choice, she often becomes dissatisfied with the choice made, because, she believes a least one perfect option will be present among the multitude of options. If the one chosen turns out to fall short of perfection, buyer”s remorse can set in and the blame often falls on her own ability to make a correct decision. A fear of this buyer”s remorse can also prevent a person from taking action at all because we are aware of our heightened expectations resulting from living in a time of limitless choice.

http://youtu.be/VO6XEQIsCoM

After watching Barry Schwartz’s lecture I started thinking how it relates to the online casino current Boston real estate sales market. I hear complaints from buyers and fellow real estate agents regarding the low inventory and how new listings to the real estate sales market are selling within days of being listed. When the sales market was saturated with inventory, property sat and sat. It’s hard not to make the connection between buyers having fewer options and their increased ability to make a decision.

According to MLS data, from March 15th-April 15th of this year (2012) 289 single family homes and condos were listed for sale in the downtown Boston neighborhoods, 225 properties went under-agreement, and they averaged 31 days on the real estate sales market. The same time period last year (2011) there were 377 single family home and condos listed for sale in the downtown Boston neighborhoods, 184 went under-agreement, and spent an average of 120 days on the sales market.

Barry Schwartz said “the secret to happiness is low expectations.” It is because when expectations are low, the opportunity to be pleasantly surprised is present! Many agents and sellers feel the current real estate sales market is a pleasant and welcome change after the mortgage crisis a few years ago. And buyers, knowing there are few options, are less likely to talk themselves out making a decision on their new home. The result is less stagnation in the market, which is good news for both buyers and sellers of property.

If you are interested in searching property for sale or speaking with a Realtor, contact the Realtors of Matthew and Alisa Group Real Estate.

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The Mason House: Back Bay’s Latest Historic Mansion for Sale

The Mason Home: Million-Dollar Historic MansionNot too long ago I wrote about the Ames Webster Mansion at 306 Dartmouth St in Boston’s Back Bay, the incredible historic mansion that has been on the sales market for just shy of 800 days. At the time I wrote about the Ames Webster Mansion, there was no comparable property in Boston proper. This has now changed as The Mason House has come onto the sales market.

I recently had the privilege of touring The Mason House at 211 Commonwealth Ave and I feel it was a privilege. The Mason House is a single-family mansion built in 1883 by Rotch & Tilden architects in the Colonial Revival style for William Powell Mason. Situated across from the Commonwealth Mall between Exeter St and Fairfield St, every aspect of this home was designed with meticulous attention. The facade of the building is a seemingly simple brick exterior, but once inside, the grandeur within is revealed to the fortunate few to walk through the entrance. The moment you open the immense door and are welcomed into the incredible foyer, you do feel like one of the fortunate few.

The Mason Home's Formal Salon at 211 Comm AveThe basics of this brick mansion are as follows: 5 floors, 11 bedroom, 9 bathrooms, 14 fireplaces, private terrace, enclosed garden, elevator, au-pair suite, two wet bars, butler’s kitchen, and a heated garage that fits up to 5 cars. All of these features found in one Back Bay home is unique, but what truly sets this home apart from other multi-million dollar mansions are the exquisite details. For example, the beautifully patterned moldings along the crown, walls, and fireplace in the formal salon gives an air of delicacy and refinement. The formal dining room with coffered ceiling and restored mahogany paneling exudes formality and regality.

The Mason Home features an incredible music roomThe piece de resistance has to be the music room added in 1897. I believe the music room is reminiscent of the Pantheon in Rome, Italy with a stained-glassed skylight set into the coffered half-dome ceiling at the room’s entrance. The dome in the center of the room is believed to be the first architectural element in Boston designed specifically for electric lights, which were used to illuminate the stucco ceiling details. The music room was added by Fanny Mason, the daughter of the William Powell Mason, who founded the Boston Symphony and the Peabody-Mason Music Foundation. In this room, Fanny Mason hosted many musical performances by renowned artists of the time.

The Mason House seems immense and overwhelming as a whole, but each room achieves an intimacy that can make you feel comfortably at home. This trophy property is available for the asking price of $17,900,000 and since the previous owners have renovated many of the rooms (including the kitchen) for our modern times, very few renovations would be needed for the new owners to call it home.

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