Multimillion dollar homes selling for fraction of value
America’s agent Brian K. Lewis discusses high profile billionaires moving from the Northeast to Florida and the losses people are taking on their luxury properties as well as companies buying properties to attract employees.
Six-time Super Bowl championTom Bradyand his supermodel wife Gisele Bündchen are still hoping to cash in on theirMassachusetts mansionafter slashing its price roughly$ 8 millionfrom when it first hit the market.
The high-profile couple, who have a combined net worth surpassing$ 500 million, reduced the price to their gated custom-built 5-bedroom, 7 bath family home to a price point of roughly $ (**************************************************************************. 9 million.
The home previously drew attention last summer when it hit the real estate market with its original price tag of nearly $ million, making it is the highest-priced home on the market for Brookline, according toForbes.
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Listings for the property are available on several real estate sites as of Tuesday, includingZillow,Barrett Sotheby’s International RealtyandCastles Unlimited.
************** BIGGEST PALM BEACH LUXURY REAL ESTATE SALES OF SHOW MARKET STILL SIZZLING
The multimillion-dollar reduction comes amid an uncertain future for the quarterback, who is slated tobecome a free agentfor the first time this March after seasons with the New England Patriots . He has said it is unlikely he will retire this offseason.
Brady is ranked No. on Forbes’ list of theWorld’s Highest-Paid Athletes, while Bündchen comes in at No. for the Forbes’ list of theWorld’s Highest-Paid Entertainers.
The home sits on more than five acres of property in Brookline with a three-car garage, a stoned carport and circular driveway that holds up to (vehicles, according to theBarrett Sotheby’s International Realtylisting.
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The mansion, designed by architect Richard Landry, AIA, of Landry Design Group in (******************************************************, also comes with an extensive list of amenities including a recreation room, kids playroom, wine room, gym, spa and outdoor organic herb / vegetable garden.
The property also features a detached barn-in spired guest house, with yoga studio that provides a “zen-like experience,” full bath and sleeping loft, according to the listing.
The home was also featured in (on Vogue’s “************************************************************************) Questions “video series.
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