“Chin literally gaping,” says Mark Hand, an agent with William Raveis Real Estate, describing the visceral response many buyers have when viewing the high quality finishes at his new listing: The Farmhouse Residences at 23 Cheshire, Jamaica Plain.
Standing in the midst of a huge, open floor plan in #23R – which of course reflects a farmhouse themed design – Hand points out hickory wide plank flooring, cast iron HVAC covers, and a huge kitchen island topped with one piece of Imported Italian marble. “It’s very difficult to get a 10-12 foot piece of marble,” he explains. Difficult is probably a way to say expensive, I think, as Hand turns his attention to the Thermador appliance package included with the condos.
In my experience, Jamaica Plain new construction has always been one of the Hub’s leading markets for design finishes; however; it seems that a couple of factors inspired the developer of the farm residences to go to pretty extreme extents. First, Jamaica Plain broke the glass ceiling. Hand says that a few years back, it was typical for really high-end JP homes to get $400 a square foot. But now, he notes they can get $500 a square foot or more, as the recent sales at 54 Burroughs did when they sold between $564 and $704 a square foot. As a result of the increased square foot value, JP condo sales are cracking or shall we say absolutely shattering another glass ceiling by garnering sales prices in excess of $2 million. The massive Farmhouse Residences in Central JP, with their over-the top finishes, are priced at $1.649 million ($437 per square foot) and $1.895 million ($464 per square foot). By the new pricing standards, these condos seem to be going with the JP trends rather than outpacing them.
According to Hand, another reason for the ultra-cool designs is that the neighborhood is environmentally conscious. Even though 23 Cheshire resides on a very large lot by city standards – 12,243 square feet – the neighborhood was hoping for two units on it in lieu of a more dense development. Cedar Hill, one of the most active developers in JP, was sensitive to the collective hopes and wishes of the community and chose to maintain the integrity of the street. They even preserved the front building. Additionally, they chose to keep as much of the lot’s open space open, rather than push the boundaries of the buildings as close to the lot lines as possible. The benefit to the buyers is that the two condos on the property are huge: 23 Cheshire is 3775 square feet and 23R is 4,086 square feet. (To view nine photos and see perhaps the first eco friendly driveway in Boston, hit continued!) Continued