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A four-story townhome on Boston's prestigious Beacon Hill has sold for a staggering $22 million, setting a new record for the highest price ever paid for a single-family home in the city. The landmark sale was confirmed this Tuesday.
The property, a meticulously transformed residence, was offered by Crest City Capital. The sale eclipses previous high-water marks in Boston's ultra-luxury real estate market, underscoring the enduring demand and immense value of historic properties in the city's most exclusive neighborhoods.
Beacon Hill, renowned for its Federal-style and brick row houses, gaslit streets, and proximity to the Boston Common, consistently commands premium prices. This particular transaction, however, sets a new benchmark. The comprehensive renovation and prime location are cited as key factors in achieving this unprecedented sale price.
The deal highlights the strength and resilience of the top-tier segment of Boston's housing market, even amid broader economic uncertainties. It signals continued confidence from high-net-worth individuals seeking unparalleled luxury and a piece of the city's storied architectural history. The identity of the buyer and the specific address were not disclosed, maintaining the privacy typical of such elite transactions.
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