- Michael Kittredge II’s son put the Yankee Candle founder’s Massachusetts estate up for sale in 2022.
- The compound, which features an indoor water park and bowling alley, was originally listed for $23 million.
- After two years on the market, the estate could soon be redeveloped as senior living.
Three years after Yankee Candle founder Michael Kittredge II died in 2019, his son, Michael Kittredge III, put the family’s sprawling 120,000-square-foot compound on the market for a whopping $23 million.
Now, after more than two years of no movement and a significant slash to its asking price, the historic Massachusetts estate could soon be transformed into an entirely different kind of living space. The Kittredge family has enlisted Josh Wallack, a Florida-based developer, to oversee the re-imagination of the mansion into a luxurious senior living community that features affordable housing.
In a conversation with Business Insider, Wallack outlined his vision for “Pioneer Point at Juggler Meadow: A 55+ Active Adult Community,” a $200 million project that aims to incorporate all the amenities of the Kittredge estate into a community that helps address Massachusetts’ housing crisis.
“This is going to be amazing. Regular people can buy one of these units and live in this amazing place that is like heaven on Earth,” Wallack said.
Take a peak inside the mind-boggling compound.