Celtics Owner Wyc Grousbeck Looking to Sell 30-Acre Martha’s Vineyard Estate for $16.3M, Down From $22.5M

Published: October 16, 2018 | By: American Luxury Staff

Boston Celtics owner Wyc Grousbeck has reduced the ask once again on his Martha’s Vineyard estate. The property–a sprawling 2001-built estate–is now priced at $16.25 million. Grousbeck first listed the home for $22.5 million back in August 2015, and he’s hoping the $6+ million price cut will bring the 6,900-square-footer a bit more attention.

The residence holds seven bedrooms and 8.5 baths. Its architecture balances traditional coastal Northeast and contemporary very well, with a winged, shingled design that culminates in a prominent cupola over the entry.

Inside, the home is very open, and quite modern. The great room features a cathedral ceiling with industrial trussing and polished concrete support columns. The industrial feel is enhanced by light fixtures, although stone, brick, tongue-and-groove and even a few classical columns give the interiors a certain layered stylistic effect.

The estate is situated on the edge of the Edgartown Great Pond. The nearly 30 acres of land are spectacularly private, and divided by a long private walk leading down to the beach.

Investor Grousbeck purchased the Celtics with his father, H. Irving, in 2002. The Grousbecks paid $360 million for the organization.

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