The price of Reebok founder Paul Fireman’s Brookline estate has dropped — again.
Since its initial offering at $90 million in 2016, the manor’s price and acreage have been more than halved. It is now listed at $38 million for 7.32 acres. The full 14 acres can be purchased for $55 million, which is a reduction from last year’s price of $69 million for the whole property.
The additional acreage includes five building lots. Realtor Jonathan Radford said the decision to split the property into two parcels was made to increase flexibility for potential buyers.
“A purchaser may like the additional land as an investment, to build guest houses, or to develop and sell as part of a luxury gated community,” Radford said in an e-mail.
Fireman’s property (150 Woodland Road) is just down the street from the custom-built mansion of New England Patriots quarterback Tom Brady and his supermodel wife, Gisele Bundchen (112 Woodland Road). Their house hit the market for $39.5 million on Tuesday.
Fireman’s estate, known as “Woodland Manor,” sits between The Country Club and Putterham Meadows Golf Club. The facade of the 26,623-square-foot home is Indiana limestone. The property is surrounded by lush greenery, according to its listing, and its acreage includes a “breathtaking tapestry of lawns, ponds, sculpted rock outcrops, and a horticultural encyclopedia of plantings,” according to the listing.
The 1999 home offers eight bedrooms, seven full baths, five half baths, eight fireplaces, and a four-car garage.
See more photos of the home below: