HOUSE OF THE DAY: The Beautiful $55 Million New England Estate Of The Barron Family

barron's estate, mass.

Photo: Coldwell Banker

The Massachusetts estate of Clarence Barron and the Barron family – former owners of Dow Jones & Co. – is up for sale. While the price tag might be hefty, the estate comes along with a renowned New England restaurant on its grounds.

Here is the listing by Coldwell Banker:

Unique opportunity to purchase 4 properties comprising privately held waterfront real estate of Cohasset Harbor.

1) The Oaks (49 Margin St) – 9.41 acre peninsula with renovated 20,000sf mansion, 4,000sf outbuildings, tennis court, pool, private beach and protected 112′ deep water dock.

2) The Cohasset Harbor Inn – 55,000+sf, 55 room inn and conference facility.

3) Atlantica & Olde Salt House renowned restaurant complex.

4) Mill River Marina, 10,000+sf with launching railway. Total $55,000,000.

The estate had been in the Barron’s family for more than 60 years, until the death of Clarence’s granddaughter in 1982. After her passing, the property was eventually sold to investor Peter Roy. Barron’s descendants sold Dow Jones to News Corp. for 5.16 billion in 2007.

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The Cohasset Cove, Mass.

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49 Margin St, Cohasset, MA 02025

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The Oaks Mansion

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The Oaks Mansion

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Living-room

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Library

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Bedroom

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Dining-room

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Second living-room

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Kitchen

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Hallway

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Nice views!

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Tennis court plus a additional quarters.

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Back yard

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Private yacht pier

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Classical New England

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Did the Barrons play games of touch in their back yard?

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Pool

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Olde Salt House Restaurant

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You can get there by car or boat.

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The popular restaurant should help with the mortgage.

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Cohasset Harbor Resort -- another money-making asset on the property.

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The Atlantica Restaurant

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Cohasset Harbor Resort

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Now that you've seen it, $55 millions sound like a steal, no?

(via WSJ via Luxist)

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