By Katherine Clarke

THE DEAL: In one of Boston's priciest townhouse sales to date, a newly restored home in the Beacon Hill neighborhood has sold for $22 million.

THE SELLER: Development company Crest City Capital purchased the building for $8.9 million in 2023, property records show. The company gut-renovated the house, which had multiple rental units, and returned it to a single-family residence. Crest City Capital founder Brad Cangiamila declined to comment on the exact cost of the project but said it was millions of dollars.

THE BUYER: The buyer's identity couldn't be determined. Tracy Campion of Campion and Company, who represented the purchaser, didn't respond to a request for comment.

Cangiamila said the property had been in contract since early in the renovation process.

THE SPECS: The Greek Revival house was built in 1825, according to the Massachusetts Historical Commission. Crest City Capital felt it was well-located in one of Boston's most upscale neighborhoods and, at 29 feet wide, had plenty of options for configuring the space, Cangiamila said.

Crest City took the building down to its shell and redid all the interiors, while preserving architectural details such as the mansard roof and brickwork, Cangiamila said.

The six-bedroom townhouse has been redesigned with contemporary interiors, including a double-height living room and full-floor primary suite. There are three roof decks with views over the city and the Charles River.

THE MARKET: The sale is the most expensive in Boston in the past year, according to Zillow, though the database doesn't reflect off-market deals. Another Beacon Hill townhouse sold in 2023 for $28.25 million, property records show.

Known for its Federal-style buildings, Beacon Hill remains one of Boston's most in-demand neighborhoods, though transactions have been slow, partially as a result of low inventory, Cangiamila said.

"This shows that there's still a market for these high-end listings," he said.

Write to Katherine Clarke at Katherine.Clarke@wsj.com

(END) Dow Jones Newswires

February 20, 2026 02:33 ET (07:33 GMT)

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