EASTON, MASSACHUSSETTS
Langwater Estate
Conservation of the historically significant portion of a family estate while retaining future options for the remainder of the land.
EASTON, MASSACHUSETTS
Langwater Estate
Conservation of the historically significant portion of a family estate while retaining future options for the remainder of the land.
“Setting the stage for several branches of the family to work cohesively to achieve greater value.”
LANGWATER ESTATE, EASTON, MASSACHUSETTS
Strategies:
- Collaborate with two prominent preservation trust organizations to determine the optimal boundary between preserved lands and the remainder of the estate.
- Prepare by-right development scenarios to assess the market value of the land to be preserved, as well as a range of alternatives for the balance of the property.
- Analyze potential financial return for these scenarios, including tax implications.
- Develop visual simulations to assess scenic impact.
Outcomes:
- Historic H.H. Richardson Gate Lodge and surrounding Frederick Law Olmsted landscape preserved in perpetuity.
- Immediate compensation for a preservation restriction placed on a portion of the estate.
- Agreements that retain options on the balance of the estate for future determination.