Real Estate

A Seaside Mansion — Up For Auction

A Beacon Street palace — with nice touches like a swimming pool with an ocean view — has gone unsold at $4.95 million. So the owner is auctioning it.

A Marblehead family aims to pack it all up and sail around the world.

But first they've got to sell their ocean-side mansion. As the Boston Globe reports, they have an intriguingly different sales method.

The 16-room spread at 45 Beacon St. has been on the market for $4.95 million. But now the owner has taken the rare step of putting the property up for auction. Bids close July 23.

Read the Globe's story for all the details, including the bidding's reserve price.

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