Comcast President Puts His Chestnut Hill Estate For Sale For $8.495 Million


Overhead of a Chestnut Hill estate
Image via Keith Conrey
Comcast's Michael Cavanagh is selling his Chestnut Hill home for under $9 million.

Comcast President Michael Cavanagh has listed his 13,000-square-foot Chestnut Hill estate on the market for $8.495 million, writes Ryan Mulligan for the Philadelphia Business Journal.

Cavanagh and his wife, Emily, purchased the four-acre home in 2016 for $4.32 million, property records show.

His estate comes with an adjacent property that can be used to build another outbuilding, according to Franz Rabauer of Kurfiss Sotheby’s International Realty.

“People have always referred to this as the gem of Chestnut Hill,” Rabauer said.

The property features a traditional stone home, which largely dates back to the early 1900s, with five bedrooms and 11 bathrooms. It sits on a 3.77-acre property that has three ponds, a pool, and a creek.

Rabauer said the Cavanaghs are selling the property to downsize. They, however, are planning to stay in the area.

“This house is flexible in a way that, it’s your traditional stone house with these beautiful contemporary interiors, but if someone came in with a more traditional style of furniture and art, it would blend in just as well,” Rabauer said.

He added that it’s been maintained very well over these 8 years.

Read more about Comcast leader Michael Cavanagh’s home up for sale at the Philadelphia Business Journal.


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