Boston Says No Thanks to $15 Million Price Tag

When the two penthouse units (1801 and 1802) at Trinity Place were combined into a single listing earlier this year, priced at $15 million, it was the highest priced condo to ever hit the Boston real estate market.

As we described in July (see Trinity Place Penthouse – $15 Million), the combined penthouse units boasted over 7,000 square feet of living space, 8 bedrooms, 8 bathrooms, 2 fireplaces, and 4 valet-parking spaces, along with a $10K per month HOA fee.

After more than 200 days on the market, the $15 million listing has been withdrawn. According to Maryann Taylor, the exclusive listing agent, parties were “interested” in the mega-penthouse unit, but, nothing came to fruition. The Seller has decided to move forward with separating the units, and has now placed unit 1801 on the market for $7 million.

In addition to the $7 million listing, there are two other condos available at Trinity place (see Trinity Place Listing Details). For more information, use the ‘Contact Us’ link at the top of the page.

Comments

  1. <p><p>A few months ago I read that there were two townhouses for sale on Comm. Ave; one owned by Herb Chambers and another right next door. I think those two properties were each listed for in excess of $15,000,000. Did they end up selling?

  2. Boston Condo Guy says

    Note in the following information the distinction between a condominium and a single-family listing.

    The most expensive condo or single-family home that sold (on March 30, 2007) in the Back Bay in the past year has been 25 commonwealth Avenue Unit 1, which sold for $8,250,000 (originally listed at $9,995,000).

    The most expensive Back Bay condo listing currently available is 51 Commonwealth Avenue Unit C-G, listed at $11,500,000.

    According to the Boston Assessor, a Herb Chambers owns 128 Commonwealth Avenue. This property is indeed currently on the market, and it is the most expensive single-family residence currently available in the Back Bay at $11,950,000 (this is after a significant price reduction from $14,950,000, which happened in July after the home was on the market for 6 months).

    51 Commonwealth Avenue Unit Penthouse 51, a condo, listed at $13,995,000, expired off the market back in November 2006 after being listed for over two years, with only a $500,000 price reduction.

  3. There are two very expensive back bay single family townhouses currently listed, a 74 beacon st townhouse listed for $14,950,000 and a 53 Commonwealth Ave townhouse listed for $14,800,000.