6,000 sf : $50 million in New York, $3 million in Marblehead

The sale has been announced of a 6,000 sf plus a penthouse at 70 Vestry in Tribeca on the market for $50 million. Which got me thinking about a 6,000 sf plus oceanfront house 11 Crown Way for sale in Marblehead for just $3 million.

Here are photos followed by a comparison of amenities:

70 Vestry

11 Crown Way

Amenities
11 Crown Way

Comment
The obvious question is what the buyer of 11 Crown Way would do with the extra $47 million. Here are a few suggestions:

To avoid commercial flights ($45.5 million)
Gulfstream

To meet you at the airport ($0.2 million)
Bentley

And this would make a nice feature in Marblehead Harbor ($1 million)
Yacht

No contest, really, is there?

Are you thinking of selling your home? If so please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Not sure which broker to use to sell your home? Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

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