Reebok’s Paul Fireman’s Estate Goes on Block for Record $90 Million

Reebok’s Paul Fireman’s 13+ acre Brookline estate overlooking The Country Club has listed for sale with record asking price of $90 million.

Reebok visionary Paul Fireman’s 13+ acre Brookline estate overlooking the 11th green at The Country Club has just been listed for sale with a record asking price of $90 million.

The curved limestone mansion was built in 1999 and comprises 24 rooms, with 8 bedrooms, 7 full and 5 half bathrooms, and 8 fireplaces.

The $90 million asking price is substantially above any active or previous residential listing or sale in MA: MLS shows only two current listings currently on the market for more than $15 million: a 2.8 acre, 20,000 square foot property in Weston at $17.75 million and a 21,848 square foot estate at Mishaum Point in Dartmouth (Buzzards Bay), originally priced at $25 million and now at $18.9 million. In addition, there are a couple of properties on the Vineyard and Nantucket for sale in the $25-35 million range.

“This a historic listing and could very well set a record for the most expensive sale ever in Massachusetts,” notes Jonathan Slater, President of Castles Luxury Properties. “We’ve known this was coming to market for a while and have had potentially interested buyers and we wish Mr. Fireman well in his endeavors,” he adds.

Slater adds that he is aware of other high end properties which are potentially available which would turn eyebrows if sold, adding that: “sometimes properties get sold without ever hitting the market and it’s our job as luxury property specialists to stay on top of these kind of things.”

Public records show the property is assessed at $32.5 million which translates into an annual tax bill of more than $338,000.

Fireman’s $90 million asking price dwarfs all of Massachusetts’ previous most expensive residential real estate transactions, including the recent eye-popping sale of the penthouse at the new Millennium Tower downtown which was purchased by Boston-area native and billionaire fund manager John Grayken for $35 million.

Fireman is noted for turning Reebok into an athletic apparel, shoe, and sportswear powerhouse which was sold to Adidas in 2005 for $3.8 billion. All this is certainly good news for Tom Brady and Giselle Bündchen who have built a 14,000 estate around the corner on 5.2 acres — nearby  Robert Kraft, Dustin Pedroia, and Larry Lucchino.

Distributed by PREngine

Media Contact
Company Name: Castles Luxury
Contact Person: Jonathan Slater
Phone: 617-216-4000
City: Brookline
State: MA
Country: United States