Owned by real-estate developer Bruce Percelay and his wife Elisabeth, the home is one of the city’s priciest listings.
A renovated townhouse in Boston’s Back Bay is going on the market for $15.75 million, making it one of the city’s priciest listings.
The red brick-and-brownstone townhouse, built in the late 1800s, measures about 9,100 square feet and is spread over five stories plus a finished basement, according to listing agent Michael Carucci of Gibson Sotheby’s International Realty. It is divided into three units: a three-bedroom apartment on…
A roughly 600-acre New Hampshire estate is seeking $9.95 million, making it one of the most expensive homes for sale in the state, according to listing agent Linda Rosenthall of Four Seasons Sotheby’s International Realty.
Called Coot Farm, the property is in Barrington, a small town in a rural area about 30 miles from the coast. Its nearly 15,000-square-foot main house has four bedrooms, a library and a game room, according to Ms. Rosenthall.
There is a trophy room, which currently contains a number of animals hunted from all over the world, a chapel and rounded tower topped with an observatory that opens to the sky. There is also an 82-foot-long indoor swimming pool which comes with a locker room, a gym and a sauna/steam room.
City life is hot, the burbs are not. That’s the word from real estate agents who say Boston home-buyers are snubbing the suburbs.
“It’s the product of the ‘live, work, play’ phenomenon,” said Michael Carucci, executive vice president at Gibson Sotheby’s International Realty. “It’s not just in Boston. It’s happening across the country, all over the world. What’s happened over the years is people are now looking for convenience. That’s become such a critical word in the Boston residential market.”
Carucci cited MLS data showing the number of homes on the market in Wellesley, Newton and Weston were 92, 96 and 98, respectively. Meanwhile properties in these once-hot burbs have been sitting on the market for an average of 121.05, 79.25 and 193.64 days.
“Five or 10 years ago, the driving force was twofold,” he added. “It was about schools and education, and it was about young families wanting that white picket fence. What’s changed now is that so many of these families opt to stay in the city. They’ve realized, ‘I don’t want to leave. I don’t want to sit in traffic for two hours a day.’ ”