Proper Realty Group
Proper Realty Group
Proper Realty Group

56 Beacon Street: The Oldest Listing in Boston Over $10M

Built in 1819, 56 Beacon Street is a luxurious mansion in the heart of Boston. Since the sale of 15 Commonwealth Avenue a few weeks ago at a price of $12.5 million, 56 Beacon Street has become the oldest building in Boston to be listed over the $10 million mark.
Located right next to the Boston Commons, this mansion has 5 bedrooms, 8 bathrooms, a dinning room big enough to seat 14, a mud room, a large patio, 8 fireplaces, a library and office and a four car garage. The master suite occupies the entire 3rd floor and elevators run to all 5 levels.
The asking price for this property is $12.5 million. The lot is 4,356 square feet in area and the total floor area of the mansion is 8,682 square feet. The price comes down to about $1,430 per square feet.
This property has been on the market for over 3 years. But hope is not lost as 15 Commonwealth too spent more than 3 years on the market before being sold. This area of Boston has the highest listing rates and has a lot of old historic buildings and mansions.
The real estate market in Greater Boston peaked in 2005 and then dropped further after 2009. It seems that finally the bottom has been reached and positive intent is being shown by buyers this year. Developers are also looking for properties that are competitively priced. This means that 56 Beacon Street might not have to wait too much longer to be sold to a new owner.

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1340A Comm. Ave. Allston, MA 02134
Phone 617-756-3029
Fax 617-830-9890

671 Salem Street, Malden, MA 02148
Phone 781-851-4006
Fax 617-830-9890

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1298 Commonwealth Ave. Boston, MA 02134
Phone 617-756-3029
Fax 617-830-9890

1340A Commonwealth Ave. Allston, MA 02134
Phone 617-756-3029
Fax 617-830-9890

671 Salem Street, Malden, MA 02134
Phone 617-756-3029
Fax 617-830-9890

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