The estate broke the area’s 2020 home sales record of $20 million.
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The most expensive home ever sold on Cape Cod has changed hands for $22.75 million, boston globe reported Thursday.
The seven-bedroom oceanfront estate sits on 3.66 acres with 280 feet of oceanfront overlooking Nantucket Sound.
The record was previously held by a 9.6-acre property in Penzance Point, which sold for $20 million in 2020.
According to Boston.com, the buyer of the property at 835 Ocean View Drive in Osterville, Massachusetts is James Langway, who operates several Toyota dealerships in Vermont and Ronald Island.
The home last changed hands in 2011, when Amin Khoury, a medical products, aerospace manufacturing and oilfield services entrepreneur, bought it for $4.5 million.
Real estate agent Paul Grover of Berkshire Hathaway HomeServices Robert Paul Properties told Boston.com the property is in a “quintessential” Cape Cod neighborhood.
“Seaview Avenue is probably one of the most beautiful streets in Cape Town and certainly in Osterville,” Grover said. “It’s really typical Cape Town houses with picket fences and roses and some big estates overlooking the sea.”
The home features large windows throughout, “with ocean views and direct access to the outdoors from almost every room,” according to the listing description.
Notable features include an attached guesthouse, swimming pool, summer kitchen, 5,000-bottle wine cellar, golf simulator, gym, massage room, seven garage spaces and separate staff quarters.
The master suite also includes dual baths, dual walk-in closets and a den. The home’s finished lower level houses a golf simulator and wine cellar, and also includes a state-of-the-art media wall, bar and massage room.
John J. Hopkins of Frank A Sullivan Real Estate represented the buyer.
Over the past five years, Cape Cod’s luxury market has seen about one sale in excess of $15 million annually, Grover said.
“It’s very consistent,” he told Boston.com. “I think this is going to continue. We’ll probably continue to see sales at this price point or higher.
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