40 Beacon Street Could Be Boston's Priciest Sale
For a long time Boston's Beacon Hill has been its priciest area and a recent article in The Real Deal points out that while volumes of sales may have been affected by the real estate slump, prices are still up. And in fact, the more expensive homes are still selling strong simply because larger homes will always have a lure in an area where there isn't much room for expansion. But can the area handle the sale of the 10-bedroom Appleton-Parker House? The large property isn't on the Hill but is located nearby on Beacon Street opposite Boston Common. The brick structure was built in 1818 and was formerly home to the Women's City Club. The property is listed as a development opportunity for a single family user or to break up into condos. The Greek Revival building, known as the Appleton-Parker House is on the National Register of Historic Places in 1978. It is currently used as a single family residence but is broken into four condos, with gated access to three garaged parking spaces and six outdoor spaces. It's listed at $27.5 million and if it sells for anywhere close to that it would be the highest sale in Boston this year.
Gallery: 40 Beacon Street