A sprawling waterfront estate in Duxbury, Massachusetts, has recently been listed for an impressive $40 million, marking it as the most expensive property currently on the market in the state. This expansive 25-acre compound, featuring breathtaking views of Cape Cod Bay, was previously owned by John Reed, the former chairman of both Citigroup and the New York Stock Exchange.
The centerpiece of this magnificent estate is a grand 14,000-square-foot main house, constructed in 1995. This residence is both opulent and functional, designed to offer a luxurious lifestyle. It boasts six generously sized bedrooms and nine bathrooms, providing ample space for both family and guests. Among its many features are a state-of-the-art gym, a sophisticated wine cellar, and a well-appointed office that includes a fireplace and wet bar. Additionally, a richly designed library overlooks a serene pond, enhancing the sense of tranquility within the home.
The estate’s design emphasizes both luxury and relaxation, with expansive grounds that include perennial gardens, broad outdoor decks, and a heated gunite pool. A private pier allows residents to enjoy direct beach access, adding a touch of exclusivity to this waterfront property. The estate’s design seamlessly blends indoor and outdoor spaces, making it perfect for both peaceful solitude and grand entertaining.
Beyond the main house, the property includes several other structures that further enhance its appeal. The dock house, for instance, is equipped with a gourmet kitchen, radiant heat floors, and French doors that open onto a deck overlooking the private pier. This building adds an extra layer of convenience and comfort to the estate. A charming three-bedroom beach house on the property offers a lavish kitchen with a large center island, a stone wood-burning fireplace, a screened-in porch, and a back deck with ocean views. This space provides an ideal retreat for casual, beachside living.
The estate also features a barn that includes a caretaker’s apartment, a three-bay equipment garage, and a workshop. This barn is complemented by a canning kitchen, making it a perfect spot to enjoy produce from the estate’s orchard, berry pavilion, greenhouse, and garden. In addition, the boat house is equipped with a state-of-the-art golf simulator, offering recreational opportunities for residents. A covered pavilion with a wood-burning stone fireplace, a Viking grill, and a fire pit provides a charming venue for outdoor dining and gatherings, surrounded by the picturesque beauty of Goose Point Pond and fields of daffodils.
Adding to the property’s allure is the Alexander Standish House, a 2,000-square-foot residence with two bedrooms and two full baths, plus an additional room that can serve as a third bedroom or office. This residence adds valuable extra living space to the compound, enhancing its versatility and appeal.
John Reed and his wife’s decision to sell the estate, as reported to the Wall Street Journal, was made with a mix of reluctance and practicality. Reed explained that maintaining such a vast property becomes increasingly challenging with age, prompting their decision to downsize. “As you get older, you sort of say, ‘Maybe we should downsize because it’s a big hunk of property,’” Reed noted, acknowledging the considerable effort required to maintain the estate.
Overall, this Duxbury estate represents a remarkable opportunity for those seeking a luxurious property with exceptional features and a prestigious location. Its combination of grandeur, functionality, and natural beauty sets it apart as a standout offering in the Massachusetts real estate market. The estate’s expansive grounds, multiple structures, and luxurious amenities ensure it caters to a variety of interests and activities, from relaxing by the pool to hosting elegant gatherings, making it a unique and desirable property for discerning buyers.