On The Garden 2022 | A Luxury Market Report

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PRESENTED BY

Garden On The

A Luxury Market Report

PAUL E. GROVER

A Note From Your Neighbor

If the city of Boston had a front row, I have always perceived it to be the buildings set directly on the Public Garden. It’s an extraordinary privilege, after all, to live mere steps from, and with views upon, such a beloved site of history, natural beauty, and public art.

This unrivaled proximity to the Public Garden is what connects Four Seasons Place, The Heritage on the Garden, and The Carlton House. And, it puts them in a class of their own. Within these buildings, each residence enjoys a location that is as rare and inimitable as any in the city.

With this in mind, I have compiled the following report with a five-year sales overview in each building, exclusively for residents who live on the Garden. The data herein is a simplified version and does not include information on specific sales for the sake of maintaining privacy.

508.364.3500

pgrover@robertpaul.com

For more detailed information or to receive a confidential market analysis of your home, please contact me directly.

Paul E. Grover, Principal Broker Berkshire Hathaway HomeServices Robert Paul Properties
18 Stories 53 Units 1981 2 Commonwealth Avenue The Carlton House 7-8 12 Stories 87 Units 1988 300 Boylston Street The Heritage on the Garden 5-6 15 Stories 88 Units 1985 220 Boylston Street Four Seasons Place 3-4

Four Seasons Place

220 Boylston Street

A preeminent full-service building, the market for residences at Four Seasons Place can be separated into two distinct categories, front- and rear-facing, as detailed below.

4 Rear 2018 2019 2020 2021 2022 Average Price Per SF $1,857 $1,826 $1,883 $1,552 $1,703 Transaction Volume $13,775,000 $2,500,000 $3,150,000 $5,040,000 $6,986,375 Number of Sales 3 1 1 3 3 Average Sale Price $4,591,667 $2,500,000 $3,150,000 $1,680,000 $2,328,792 Highest Sale $5,575,000 $2,500,000 $3,150,000 $2,385,000 $3,037,375 Front 2018 2019 2020 2021 2022 Average Price Per SF $2,251 $2,670 $3,553 $2,131 $3,434 Transaction Volume $21,645,000 $16,675,000 $20,800,000 $18,600,000 $6,700,000 Number of Sales 5 3 2 4 1 Average Sale Price $4,329,000 $5,558,333 $10,400,000 $4,650,000 $6,700,000 Highest Sale $7,945,000 $5,875,000 $16,500,000 $8,850,000 $6,700,000 $35,420,000 $19,175,000 $23,950,000 $23,640,000 $13,686,375 Average Price Per SF - Rear Average Price Per SF - Front Total Transaction Volume $1,857 $1,826 $1,883 $1,552 $1,703 $2,251 $2,670 $3,553 $2,131 $3,434

The Heritage on the Garden

300 Boylston Street

One of the most sought-after buildings in Boston, sales data for The Heritage on the Garden is separated by front- and rear-facing residences.

6 Rear 2018 2019 2020 2021 2022 Average Price Per SF $1,826 $1,393 $1,372 $1,425 $1,544 Transaction Volume $2,375,000 $1,825,000 $5,000,000 $8,615,000 $5,000,000 Number of Sales 1 1 2 4 2 Average Sale Price $2,375,000 $1,825,000 $2,550,000 $2,153,750 $2,500,000 Highest Sale $2,375,000 $1,825,000 $2,550,000 $3,150,000 $3,800,000 Front 2018 2019 2020 2021 2022 Average Price Per SF $2,833 $2,748 $2,325 $2,346 $2,095 Transaction Volume $6,500,000 $45,474,000 $16,300,000 $17,400,000 $8,800,000 Number of Sales 1 5 3 3 2 Average Sale Price $6,500,000 $9,094,800 $5,433,333 $5,800,000 $4,400,000 Highest Sale $6,500,000 $20,000,000 $6,250,000 $6,950,000 $4,450,000 $8,875,000 $47,299,000 $21,300,000 $26,015,000 $13,800,000 Average Price Per SF - Rear Average Price Per SF - Front Total Transaction Volume $1,826 $1,393 $1,372 $1,425 $1,544 $2,833 $2,748 $2,325 $2,346 $2,095

The Carlton House

2 Commonwealth Avenue

With panoramic views from the Public Garden to the Charles River and historic Back Bay, the sales data for residences at The Carlton House is displayed in a single data set below.

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2018 2019 2020 2021 2022 Average Price Per SF $2,387 $2,546 $2,594 $3,301 $2,982 Transaction Volume $20,782,000 $2,865,000 $23,350,000 $34,324,136 $15,575,000 Number of Sales 5 1 4 4 2 Average Sale Price $4,156,400 $2,865,000 $5,837,500 $8,581,034 $7,787,500 Highest Sale $7,682,000 $2,865,000 $10,500,000 $15,000,000 $12,500,000 $20,782,000 $2,865,000 $23,350,000 $34,324,136 $15,575,000 Average Price Per SF Total Transaction Volume $2,387 $2,546 $2,594 $3,301 $2,982
The crown jewel of Boston’s Emerald Necklace, to live above the Public Garden is a rare and extraordinary privilege.

About Paul Grover

Paul Grover is the Co-Founder and Principal Broker of Berkshire Hathaway HomeServices Robert Paul Properties. He has more than 30 years of experience in residential real estate and has personally brokered over $1.5 billion in sales.

Paul’s unrivaled track record in luxury real estate marketing and representation has firmly established him as the advisor of choice for many of the most influential families, individuals, and investors in the region. He is regularly recognized by RealTrends and The Wall Street Journal as one of the topproducing agents in the country. Paul’s consistent ability to achieve client goals is the result of a career dedicated to building meaningful relationships, skillfully navigating market cycles, and negotiating complex deals with a steadfast commitment to the perfection of service.

© 2023 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. The information contained herein is deemed accurate but not guaranteed.

508.364.3500 pgrover@robertpaul.com 867 Main Street Osterville, MA 02655 140 Newbury Street Boston, MA 02116

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