Louisburg Square

Beacon Hill

Overview

When seeking out the best of the best in city living, it’s hard to beat (not to mention, afford) the ever- aspirational Louisburg Square. It’s a tiny area that claims its own neighborhood within a neighborhood status. Indeed, Louisburg Square is not just a top “neighborhood” in Boston but a top street in the country! Louisburg Square, tucked in the heart of storied Beacon Hill, is not just a top “neighborhood” in Boston but a top street in the country! The district’s elegant character is enhanced by some of the most stately homes in Boston, including legendary six-level single-family homes.

 

Location

Louisburg Square lies in the center of the Beacon Hill Neighborhood, and sits flanked between Willow Street and West Cedar Street, with Pinckney Street to the north. Steps away from the old Charles Meeting House and the always-buzzing Paramount Restaurant, Louisburg Square is truly the center of Beacon Hill. The Boston Common is two short blocks to the south, and the city’s financial district is located conveniently (10 minute walk) to the east.

History

Would you believe that before the homes on this land were selling for $10’s of millions of dollars, this was “pasture acreage” in colonial Boston? Louisburg Square’s residential history begins in 1826 when a partition deed laid out a plan in which a central park and adjacent streets would be owned by the founding neighbors, hereafter known as the Proprietors of Louisburg Square. This group of 28 home owners is referenced as one of the earliest examples of a homeowner’s association in the country.

Market

As one might expect, the sales in this area are typically limited due to its small geographical area and extra large price point. In 2023, there were again 5 sales in this area, matching the 2022 and 2021 total and more than doubling 2020 (2 sales). The single family at 22 W Cedar Street sold for the highest price for $7,950,000 at $1,481.83 per foot. A pretty modest sale when compared to 2022 when the single family at 17 Louisburg Square sold for $14,800,000 and a whopping $2,679 per foot.

We believe when real estate consumers are presented with a complete and robust spread of data, in conjunction with their personal preferences, decisions can be reached with the most confidence.

For more sales data and details on it’s sub-neighborhoods check out our Boston Luxury Real Estate Review >