Cape Cod Has Largest MA Luxury Home Sale This Year

The top luxury home sale in Massachusetts so far this year was on Cape Cod, according to The Boston Business Journal. Robert Kinlin, co-owner of Robert Paul Properties, listed the home on Sea View Avenue in Osterville last July for $14.75 million and it sold in May for $13 million. The waterfront estate overlooking Nantucket Sound with 7,762 sq ft of living space on 2.76 acres included a carriage house, boat house, beach house, in-ground pool, and over 125 feet of sandy beach.

459 Sea View Ave, Osterville SOLD $13M

#1 Luxury Home Sale in Massachusetts – Osterville Waterfront Estate Overlooking Nantucket Sound SOLD for $13M

The MLS Property Information Network shows an increase in sales of luxury single-family homes above $4 million during the first five months of 2014. Thomas Grillo, Real Estate Editor for the Boston Business Journal (BBJ) said in his article The 20 most-expensive homes sold in Greater Boston and the Cape this year, “It’s been a good year for sellers of luxury homes in Massachusetts.” He added, “…Cape Cod was also big with buyers as two homes were sold in Barnstable, on in Falmouth and one in Mashpee.” All four Cape Cod luxury homes that sold were listed by Robert Paul Properties.

159 Main St, Osterville SOLD $7M

#5 in Osterville, $7.0M

150 Westwood Rd, North Falmouth SOLD $4.9M

#14 in N. Falmouth, $4.9M

116 Popponesset Island Rd, Mashpee SOLD $4.6M

#19 on Popponesset Island, $4.6M

BBJ also features a slideshow of the top 20 luxury home sales in Massachusetts from January 1st to May 31, 2014.

The Boston Business Journal’s article also said “Boston’s Back Bay was popular this year as five homes sold in the upscale neighborhood.” Robert Paul Properties recently opened its new Boston Market Center Office in the Back Bay on 140 Newbury Street.