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Beacon Hill's 22 Chestnut Hopes Six-Figure Cut Does It

Might this massive price-chop do the trick for the gorgeous townhouse at 22 Chestnut Street in Beacon Hill? The 8,239-square-foot manse dating from 1823 was listed way, way back in February 2013 for a cool $10,500,000, making it one of Boston's priciest prospects. It seemed at the time destined to ride the swelling tide that was—and remains—the city's luxury housing market.

The 7-BR, 5.5-BA townhouse, with a four-car garage, an elevator and six fireplaces, cut its asking price earlier this month by a brimful $600,000. Its $9,900,000 tag still makes it one of the six priciest listings on the Boston market, so that begs the question (again): Will such a mighty chop move it? Could. Look what just happened to its neighbor across the street. By the way, 22 Chestnut last traded a world ago, in September 1992, for $2,500,000.
· Listing: 22 Chestnut Street [Campion & Co.]
· It's Been a While Since There Was a $10M Boston Listing [Curbed Boston]
· Lightning-Fast Trade on Beacon Hill's Chestnut Street [Curbed Boston]
· Our Methuselahs archive [Curbed Boston]