This proposed English Manor style mansion will be built on Lot X on Charles River Street in Needham, MA. It will be situated on 29.30 acres and boast 10,000 square feet of living space (which most likely doesn’t include the lower level) with 7 bedrooms and 5 full and 2 half bathrooms. The house plans aren’t finished yet. It is listed at $18,000,000, which includes the land and proposed house.

CLICK HERE FOR THE LISTING

  • Grrrowler

    The setting looks nice, but I can’t say the exterior design of the house appeals to me at all. At least for the money the buyer can have input on the plans, although I wonder how limited they’ll be on the finishing of the house (thinking cost of materials).




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  • george

    The listing agent and builder have too be out of their minds.




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  • Amanda

    Who would pay $18m for a plot with incomplete plans that they have had no input into??




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  • Daniel

    Uhhh, no. I’d rather buy that plot of land on Indian Creek.




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  • Scott

    This isn’t even a custom design, it’s a stock plan from Scholz, the Sutherland.




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    • Jason

      and that alone would make me not pay .50 cents for the property. drop the Scholz plan and maybe I’d pay appraised value.




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      • Scott

        You’d think $18 million would buy something a bit more sophisticated…..




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  • NOVA Ben

    I have a question for some people who may be more familiar with real estate and the real estate market than I…

    What exactly is the motivation behind builders who build massive mansions with no specific buyer in mind? It just seems like a horrible horrible idea to build a home of such a size and price if there’s no client designing it and eventually moving straight into it. Is it as simple as the builder using the project as a showcase for their work, a kind of design tour de force that works essentially as an advertisement?




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    • Iemand

      This is exactly the question I asked months ago. I don’t see the point of doing this either. Unless you’re just to lazy to put any effort into building YOUR home, I want to spend this amount of money on something I want, not something a builder wants.

      These homes look just like any other home they build for this purpose (builder builds it, then finds a buyer). So it’s not like they’re unique homes.

      The only time I would spend this much money on a home is when it’s a unique home; aka old, charismatic, great location etc.




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  • Brian

    The reason builders do this is that they can sell it for a LOT higher price – IF they can sell it. Which is a big IF in this market, and this location and with this design. It will never actually get built, of course, but they may sell something.




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    • NOVA Ben

      That logic makes sense to me, in the real estate market of 2005 or so. Today it just seems like financial suicide, and yet the builders just keep cranking them out. You’d think they’d have observed the abundant evidence of properties that builders have built, only to have them sit on the market, with half a dozen price cuts, unable to find buyers.

      Oh well, I guess that’s the builder’s problem now.




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      • Brian

        NOVA Ben, that’s why this is only a CONCEPT, not actual construction. If a buyer bites, they win. If nobody buys, no loss. I doubt they will actually find anyone that will pay $18 mil for an overblown tract house anyway. But they got us all talking about this imaginary mansion.




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