21 Lancaster Street, Unit A – Avon Hill, Cambridge
Offered at $1,100,000
Quintessential Avon Hill location! Wonderful, chic and sun-splashed two-level condo with a private deck, yard (shared with top floor unit), and parking for 1 car! Exposed brick, open living room and dining room, fireplace, tall ceilings, oversized windows. Main floor library or 3rd bedroom with built-in bookcases. Eat-in-kitchen with slider to deck. Walk Score 93!
Sun filled and lovely 3BR, 1.5 BA Garrison Colonial in a great neighborhood! This property has been well maintained by the same family for over 50 years. Living Room with a fireplace, large windows, hardwood floors, Dining Room, Kitchen with access to 3 season porch, 1st floor paneled den with built-ins and half bath on main living level. 2nd floor offers 3 Bedrooms and a full bath. Lower level is unfinished with access to 1 car garage. Additional generous parking in the driveway. Excellent opportunity to own a home on a side street with terrific access to major routes. Possible expansion! Angier School/Buffer Zervas.
Stunning young custom-built sun filled Colonial in meticulous condition! Superb kitchen featuring cherry cabinetry, granite counters, generous peninsula with seating, Wolf gas cooktop, professional grade exhaust fan, electric double ovens, Sub Zero refrigerator, and Fisher Paykel dishwasher. This exceptional kitchen opens to the family room with a double sided gas fireplace, dining area and sliders to the deck, patio and partially fenced-in yard. Beautifully appointed living room with recessed lighting and built-in cabinetry, grand dining room, 1st floor bedroom or office & 1st floor bath with shower. 2nd floor features a wonderful master bedroom with attached bath, 2 walk in closets, 3 additional bedrooms, one with en suite bathroom, are quite spacious, cool open loft/library on 2nd floor as well as laundry room. 3rd floor bonus space with bedrooms and gallery adding an additional 985 square feet to stated interior square footage. Finished walk out lower level. Attached 2 car garage. A wonderful property.
Millennium Tower Boston is one of the city’s most anticipated new construction projects over the last few years! Drenched in elegance, amenities available leave nothing to be desired to include a 75 foot indoor lap pool, expansive health club, doorman as well as a 24-hour concierge, screening room, billiard parlor, library, private function room, and an outdoor terrace. Steps away from everything Boston has to offer from theatre to shopping, restaurants, nightlife, the Financial District, waterfront and coveted Boston Public Garden and Back Bay. Stunning features include marble and hardwood flooring, floor-to-ceiling windows, State of the art kitchen with Poggenpohl kitchen and bath cabinetry, Sub Zero refrigerator, Bosch and Wolf appliances, gas cooking. A premier unit!
A growing number of ultra high net worth (UHNW) individuals view homes as ‘opportunity gateways’, driving buying decisions that are based on potential opportunities from owning these luxury residential properties, according to the latest study by Wealth-X and the Sotheby’s International Realty® brand released today.
The UHNW Luxury Real Estate Report: Homes As Opportunity Gateways reveals two trends that are fueling the rise in the number of ultra wealthy individuals who are buying luxury homes:
International home-buying by UHNW individuals (defined as those with at least US$30 million in assets) from emerging nations seeking a safe investment diversification.
Home-buying as part of a program to gain citizenship or residency status in foreign nations.
The report provides insight into the UHNW residential real estate opportunities in Sydney and Vancouver for buyers seeking safe investment diversification; and Malta, the Bahamas and Sao Paulo, which may appeal to ultra wealthy buyers who are seeking citizenship or residency through property investment.
The UHNW Residential Real Estate index, tracked by Wealth-X, rose to 115.2 in Q2 2015, an 8.3% rise year-on-year, and the sixth consecutive quarter in which the index has risen. The continued rise in the index reflects the confidence of UHNW individuals to invest in luxury residential real estate.
The index takes into account the full range of luxury residential properties that are owned by the world’s wealthiest individuals. Wealth-X data shows there are 211,275 UHNW individuals globally, who collectively hold nearly US$3 trillion in real estate assets, equal to 10% of their net worth.
Below are other key findings from the report:
12% of second homes purchased by UHNW individuals in emerging countries (those who reside in BRICS nations) are located outside their country of residence.
Recent market fluctuations in emerging nations are leading a new generation of UHNW investors to consider investing in luxury residential real estate in Western markets.
Chinese UHNW individuals make up the third largest share of foreign UHNW homeowners in the United States, behind only Canada and the United Kingdom.
Twenty nations in Europe and the Americas now offer citizenship or residency programs to individuals willing to invest in domestic residential real estate.
Many residential real estate markets with such programs – including Sao Paulo, Malta, and the Bahamas – offer good long-term investment opportunities.