A recent post on Boston.com named Cambridge as the most expensive place in Massachusetts to buy a single-family home. This is based on a recent report by The Warren Group that found the median price of a house here hit $1,675,000 in the early part of this year. So yes, median-price-wise, it’s more expensive to buy a single family here than in Boston, Brookline, Weston, etc.
On the other hand, our higher-end homes have typically been in the $3M – $5M range, and there is yet to be a single family home sold for over $10M in our fair city. Compare that to Boston, where there have been 11 homes over $10M since 2000, Brookline, where there have been four and Weston, where there have been five.
But, with two Cambridge homes currently on the market over $10 million, perhaps this will be the year. So let’s take a look as these two potentially game-changing Cambridge homes…
First up: my colleague Susan Condrick’s brand new listing:
168 Brattle Street — 10 bed / 4 full- and 2 half-baths, 8,372 SF — listed at $10,500,000
Ah…where to start with this one? It is a magnificent historic 1888 home featuring an eclectic array of styles in a meandering, character-filled space. Too grand to be described as quirky, let’s just say it’s one-of-a-kind, and must be not just seen, but explored, to be appreciated.
Listed by Susan Condrick, Gibson Sotheby’s International Realty.
And at the other end of the style spectrum, we have this Hammond listing:
47 Raymond Street — 5 bed, 3 full- and 2 half-baths, 7,258 SF — listed at $11,500,000
Originally built at the end of the 19th century, this home was extensively re-designed and renovated ten years ago and now features clean lines, lots of glass and state-of-the-art systems. There are also fun amenities like a reflecting pool, heated driveway and 4,000-bottle wine cellar.
Listed by Margret Dagbjartsdottir, Hammond Real Estate.
So will one of these homes be the first to break the $10 million mark in Cambridge? We shall see!