Historic Cohasset Estate "The Oaks" Sells for $10.5 Million

A storied property at 49 Margin Street in Cohasset, known as "The Oaks," has been sold for $10.5 million on December 17, 2024. Built in 1932, this Georgian Revival-style estate embodies luxury and history, offering a rare glimpse into New England's architectural and cultural past.

Property Highlights

Spanning 20,000 square feet, "The Oaks" includes 10 bedrooms, 11 bathrooms, and luxurious amenities that set it apart in the Cohasset real estate market. The nearly 10-acre estate is perched along Cohasset Harbor, providing sweeping water views and access to a private dock.

The grounds boast an in-ground pool with a cabana, a tennis court, a hot tub, a six-car garage, and impeccably manicured gardens. Inside, the home features grand entertaining spaces, including a formal dining room, multiple living rooms, and a wood-paneled library. The expansive kitchen combines traditional elegance with modern upgrades, making it ideal for both family living and hosting gatherings.

Historical Significance

"The Oaks" was originally built for Clarence W. Barron, the founder of Barron’s magazine and an influential figure in financial journalism. Over the decades, it has hosted prominent figures, including several U.S. presidents, further cementing its legacy as one of the South Shore's most iconic properties.

The home also served as a filming location for the 2022 movie Confess, Fletch, starring Jon Hamm.

The Sale

Frank Neer of Coldwell Banker Realty, a seasoned agent specializing in high-end coastal properties, represented both the buyer and the seller in the transaction. The $10.5 million sale price reflects the estate’s unmatched combination of history, luxury, and location, making it one of the most notable real estate transactions in Cohasset this year.