The Wall Street Journal – Madison Hawk Partners

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An indoor pool with a water slide has amural with images of Mr. Nugent's children, along with the family's dogs, cats, bird and pet rabbit. BOB O'CONNOR FOR THE WALL STREET JOURNAL

An indoor pool with a water slide has amural with images of Mr. Nugent’s children, along with the family’s dogs, cats, bird and pet rabbit. BOB O’CONNOR FOR THE WALL STREET JOURNAL

Our client, Madison Hawk Partners, is featured in today’s The Wall Street Journal‘s “Mansion” section report on the challenge of selling personalized properties.

“John Nugent spared no expense customizing his Andover, Mass., home for his family. For his sports-loving children, he built a full-size indoor basketball court with a scoreboard, a 30-second shot clock and three rows of bleachers. Downstairs, there’s a bowling alley with a vintage scoring machine, and an indoor pool with a water slide. On a wall near the pool, there is a mural with images of Mr. Nugent’s children, along with the family’s dogs, cats, bird and pet rabbit.

Then the children grew up and moved out, and Mr. Nugent no longer needs as much space. The 56-year-old CEO of software company Visibility Corp. has been trying to sell his roughly 20,000-square-foot home—which also has a batting cage and pitching machine, an outdoor putting green and two locker rooms—for the past few years. The house cost about $6 million to build, Mr. Nugent said, so he put it on the market for $6.5 million—far more than most homes in this Boston suburb, where a house priced over $3 million is unusual. He is now trying to sell the property in a sealed-bid auction through the firm Madison Hawk Partners.”

FULL ARTICLE

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