Mansion Global

Sprawling 100-Acre Estate in Concord, Massachusetts, Offered for $28.5M

The main residence, with 14 acres, is available for $12 million

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A 100-acre estate in Concord, Massachusetts, about half-an-hour drive from downtown Boston, has been put on the open market for the first time with a price tag of $28.5 million.

While the precious land creates a rare opportunity for big-ticket developers or preservationists, buyers who are just looking to buy a residence in the area surrounded by prestigious private schools have another option: purchase just the main residence with 14 acres for $12 million.

Besides being close to Boston’s world-class colleges, Concord boasts quite a few prestigious private schools, including Concord Academy, from which Caroline Kennedy, daughter of John F. Kennedy, graduated, and Middlesex School, which Instagram founder Kevin Systrom attended.

"The main residence is perfect for families with children," said listing agent Brigitte Senkler of Coldwell Banker Residential Brokerage, who co-listed the property with fellow agent Peggy Dowcett last month. "It offers abundant space and privacy but is still manageable."

Touted as one of the most beautiful homes in the area, the three-story, 8,749-square-foot home has five bedrooms, six full bathrooms and three half bathrooms. There is a double-height great room, large living and dining rooms and a kitchen equipped with high-end appliances.

The home features parquet and marble flooring, marble fireplaces, and carved millwork throughout.

According to Ms. Senkler, the home was built in 1938 for a cotton tycoon, who’d just returned from his honeymoon in Europe.

"The home has a European feel to it," she said.

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The current owners bought the estate off-market in 1983 and made renovations and improvements to the home over the last 34 years.

Also standing on the 14-acre parcel is a three-bedroom cottage, a tennis court, an in-ground pool, ponds, covered terraces and porches, footbridges and Venetian gardens, according to the listing.

The rest of the 86 divisible acres will cost an additional $16.5 million, but can'tbe purchased separately.

According to Ms. Senkler, the current owners are selling because their children are all grown and they are traveling a lot and no longer have a need for such a large property.