Wednesday, July 9, 2008

Forestside Estates Hopkinton Massachusetts



Forestside Estates
in Hopkinton Massachusetts is one of the better more established luxury subdivisions in town. One of the things that is unique about the Forestside neighborhood is that there are no two homes that are alike. Unlike many of the newer Hopkinton neighborhoods that have five or six designs that are repeated multiple times, Forestside is characterized by homes with architectural distinction.

This neighborhood which was started back in the early 90's had a developer who did not build homes himself. He sold lots to local builders who then constructed the homes. There are probably close to a dozen different builders who built homes in this Hopkinton subdivision. Forestside Estates is located off of School Street on the west side of Hopkinton. It is located a few miles from the 495 interchange.



One of the beauties of Forestside is the spectacular views afforded by the homes along John Matthew Road and Gina Drive. You can see for miles. The views are especially terrific in the fall when the leaves change...it is breathtaking! You can see all the way out to Westboro and can also see Lake Whitehall in Hopkinton.

The price point in Forestside ranges from about $700,000 to $1,000,000 for the majority of the homes. There have, however, been a few custom built residences that would commend far in excess of that. There is one home that is built on three separate lots and is rumored to cost in excess of 4 million to build. Most of the lots range in size from 1 -1.5 acres.

I just sold the residence pictured above at 6 John Matthew Road on July 10th for $945,000. The home was on the market for a little over a year and dropped substantially in price, as the local Real Estate market continued to correct from a run up in prices over the last 10 years.

I actually had a few offers on this home that were substantially higher along the way. The sellers, like a few of my clients, did not want to come to grips with the reality of the Real Estate market. Sometimes even the best advice is not listened to. Oh well, if we all had crystal balls we would never make a bad decision!


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For Massachusetts and Hopkinton MA Real Estate and homes visit my website at Hopkinton Real Estate.

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I service the following towns in Metrowest Massachusetts: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Douglas, and Framingham.

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