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Indebta > Finance > Dell CEO Michael Dell is looking to part ways with $35 million Boston penthouse
Finance

Dell CEO Michael Dell is looking to part ways with $35 million Boston penthouse

News Room
Last updated: 2023/08/03 at 2:14 PM
By News Room
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It’s time for an upgrade: Michael Dell, the founding guru behind the multibillion-dollar computer conglomerate Dell Technologies, has decided to part ways with his 7,557-square-foot Boston condo, according to the Wall Street Journal.

Located atop the Four Seasons Private Residences One Dalton Street, the highest residential tower in the city near the Prudential Center, the five-bedroom unit on the 61st floor spans two levels.

The billionaire chairman and CEO of Dell purchased the unit through a trust for $34 million, according to the Journal. He could turn a $1 million profit if he gets anywhere near a full-price deal.

Pricey properties

While the asking price is lofty, another penthouse in the building holds the title of Boston’s most expensive listing, at $38 million, and is also the priciest in all of Massachusetts.

Dell’s trophy home offers some of the best views in the city and comes with two parking spaces.

There is even a “570-square-foot, double-height grand terrace with outdoor fireplace,” the listing notes. The unit also boasts a 50-square-foot private balcony.

The glass-enclosed living room is surrounded by floor-to-ceiling windows overlooking the city skyline, and the dining area offers magnificent water views.

Other luxurious amenities include 11-foot ceilings, gleaming wood floors, ornate lighting, and custom millwork.

The primary suite comes with access to the private balcony.

The penthouse comes with access to all of the Four Seasons amenities, which are included in the homeowners association fee of $27,240 a month.

Dell also owns an $11 million penthouse at Boston’s luxury Millennium Tower.

He made his fortune founding his private computer company in 1984, making it public just five years ago.

This story was originally published on Realtor.com, a real estate and rentals site. In addition to homes for sale, you can find rentals like Scottsdale apartments, Austin apartments, Tampa apartments, and more.

Read the full article here

News Room August 3, 2023 August 3, 2023
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