What Can $3 Million Get You in Boston Real Estate?

Three million bucks to spend on Boston real estate?  Aaaahhh.  Life is good and Boston luxury real estate can be a great asset.  But not  just any old “luxury” units – we’re talking $3MM plus luxury.  There was an interesting article in the Boston Business Journal about the super luxury market in Boston, in which our own Todd Mikelonis was quoted:

Todd Mikelonis, director of sales and operations for Charlesgate Realty Group in Boston, tells his clients that parking spots are important for resale, but that buyers don’t always care. He recently sold two units in the $3 million price range with no parking spots.

“People at that price point are used to renting parking spots,” he said.

If you’re used to living in a full-service building — having a concierge, doorman and maybe even valet parking – you can get that for $3 million as well, in a building like 45 Provence Place, said Mikelonis. But if you can forego the doorman, you can at least get within walking distance of the Common, if not on it. A 5,000 square-foot, five bedroom and four-and-a-half bath townhouse at 12 River Square was on the block in mid-May. It even comes with two off-street parking spots.

Interesting perspective, especially that  Todd was the point person for several luxury residences overlooking The Boston Public Garden that we recently sold.  These luxury homes weathered the volatile luxury market, and each found their buyer this winter/spring.  The property renovation was completed in 2009 and in a unique method of marketing, the property was home to a handful of luxury short term rentals while being listed for sale.  Each of the three were distinctly different, but were all renovated with an eye to detail:

91 Beacon Street #1

Luxury Floor through Two Bedroom Two and a Half Bath with Private Patio

91 Beacon Street #1 - Boston Condo

List Price:  $990,000

Sale Price:  $965,000

Closed:  3/4/2011

Bedrooms: 2

Full Baths: 2

Living Area:  1511

 

This garden level condo features include cherry and walnut hardwood flooring done by the commercial hardwood flooring services in alpharetta ga, custom mill work throughout, chef’s kitchen with DCS Fisher & Paykel six burner gas range, large master suite with private patio, and gas fireplace set with wood with custom mantle and granite hearth.


91 Beacon Street #2

Grand 2nd and 3rd Floor Duplex with Direct Elevator Access

91 Beacon Street #2 - Luxury Boston CondoList Price:  $2,950,000

Sale Price:  $2,800,000

Closed:  11/16/2010

Bedrooms: 3

Full Baths: 3

Half Baths: 1

Living Area:  3453

Direct elevator access to grand 3453 square foot duplex. New construction in 2009 luxury three bedroom three and a half bath home is located across from the public garden. Features include cherry and walnut hardwood flooring throughout, chef’s kitchen with Viking range, master suite with steam shower


91 Beacon Street #3

Penthouse Triplex with Two Private Decks

91 Beacon Street #3 - Boston luxury condoList Price:  $2,800,000

Sale Price:  $2,700,000

Closed:  3/24/2011

Bedrooms: 3

Full Baths: 3

Half Baths: 1

Living Area:  2827

Direct elevator access to penthouse triplex with two huge private roof decks with direct gas for summer grilling! New construction in 2009 luxury three bedroom three and a half bath home is located across from the public garden. Features include cherry and walnut hardwood flooring throughout, chef’s kitchen with an additional butler’s pantry, master suite with steam shower.
Three great listings on the Common sold, but what good would we be if we didn’t show you what was for sale in the Boston luxury market right now!  If these listings below don’t quite suit your fancy, don’t be afraid to browse all Boston listings here.

On the market for $3 million in Boston

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(all data current as of 2/22/2020)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

 

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