The luxury real estate market performed well in 2013, with more than 330 homes valued in excess of $1M selling in Boston’s Metrowest suburbs alone. Below are some highlights of the top luxury home sales across the Boston suburbs last year.
Top selling luxury homes in the Boston suburbs
5 Willow St, Weston, MA
Magnificent lodge-style home designed by architect Jeremiah Eck with seven bedrooms, home theatre, wine room, pool & pool house. Sold for $10M.
166 Edmunds Rd, Wellesley Hills, MA
Cliff estates home on 2.45 acres with curved staircase, chef’s kitchen, and more. Sold for $7,050,000.
274 Marshall St, Duxbury, MA
Oceanfront estate home with breathtaking views of Duxbury bay. Sold for $6,750,000.
103 Rolling Ln, Weston, MA
Stone country estate in Country Club area offers stunning views of the golf course, intricate detailing, and custom high end finishes. Sold for $6,535,000.
25 Smith’s Point Rd, Manchester, MA
5 bedroom Cape-style waterfront home on Smith’s Point designed by Windover Construction. Sold for $6,200,000.
116 Estabrook Road, Concord, MA
Renovated brick estate home sites on 17 acres with 3 acre pond abutting Estabrook Woods. Sold for $5,800,000.
369 Jerusalem Rd, Cohasset, MA
Oceanfront estate in the exclusive enclave of Cohasset’s Golf Coast. Sold for $5,000,000.
7 Norton’s Point, Manchester, MA
River house with 800′ of waterfront , plus cove access features 7,000 sq ft of living space, a private boathouse, deep water dock, tennis courts & more. Sold for $4,800,000.
7 Longmeadow Rd, Wellesley, MA
Quintessential 1920s brock colonial home impeccably appointed with billiard room, sports court, gym, sauna, movie theatre, carriage house & more. Sold for $4,750,000.
45 Ravine Road, Wellesley, MA
Elegant Wellesley Farms 6 bedroom colonial home with coffered ceilings, mahogany library, wine cellar, home theatre, game room & more. Sold for $4,700,000.
Fast facts about Boston’s luxury real estate sales
Financing: According to the Boston MLS, 65 of luxury home sales were financed with conventional fixed-rate financing, 14.5 of buyers paid cash, and the remainder kept the source of financing confidential.
Agency representation: More than 80 percent of these Boston’s luxury home buyers were represented by a buyer’s agent.
The state of the market: On average, luxury homes in the Boston suburbs sold for 95 percent of their list price at an average of 133 days on the market.)