Overview
Beacon Hill’s grandeur is epitomized and celebrated on the Front Slope. This posh neighborhood has attracted Boston gentility for centuries. The Front Slope sits prominently between the riverside Flat of the Hill and the North Slope, with the 50 acre Boston Common and the Boston Public Garden – two of Boston’s most expansive green spaces – directly to the south. Although this area only includes 7 streets, when properties hit the market in the Front Slope neighborhood they command real attention. For a taste of ‘old’ Boston flavor, look no further than the Front Slope.
Location
The Front Slope sits tucked between the riverside Flat of the Hill and the North Slope, with the generous Boston Common and the Boston Public Garden – two of Boston’s most expansive green spaces – directly to the south. The Charles River to the west makes for terrific walking and biking opportunities, and the proximity to Cambridge means easy access to Harvard and Central Squares. The Financial District and Downtown Crossing are just a few T stops away, and the conveniently located Redline means you’re minutes away from everything the city has to offer.
$2M+ Luxury Market Data
The Front Slope accounted for 36% of Beacon Hill’s total volume. In 2024, there were 17 sales greater than $2M in this area of Beacon Hill and the price per square foot increased to $1,763, a gain of 8 percent across $89,693,000 of sales volume.
Beacon Hill’s Highs & Lows: Record Sales and Unexpected Deals
The top sale in Front slope was also the highest sale in Beacon Hill, 7 Chestnut Street. This 7 bedroom home sale fetched nearly $2,500 per square foot when it sold off-market in July (without a parking space to call its own!). This was a custom built home for an occupant. Not far behind, at $10,975,000 was 25 Beacon Street, #3. This was also the only sale in Beacon Hill that crossed the $3,000 per square foot threshold. Overlooking the gold dome of the State House, this prominent piece of Boston real estate sold in June.
On the other side of the spectrum the area had one $2M+ sale that fell under $1,000/SF: 2 Spruce St. This 6,200+ squarefoot single family home, prominently situated on the corner of Chestnut St & Spruce St sold in May for $5,975,000 clocking just $962.93/SF. At a 92% discount to asking, this felt like quite the deal.
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.
To learn more about changing market dynamics moving into 2025 check out our Perspective on the Boston Luxury Housing Market>
