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See inside the Duxbury oceanfront estate on the market for $40 million

The 25-acre waterfront estate in Duxbury offers sweeping views of the ocean.Halsey Fulton

A sprawling waterfront compound in Duxbury, owned by the former chairman of Citigroup, has hit the market for $40 million.

The lush 25-acre Goose Point property, with its sweeping views of Cape Cod Bay, is currently the most expensive listing in Massachusetts, according to the listing agent, Joanna Dresser of LandVest.

The compound is anchored by a 14,000-square-foot main house built in 1995 that boasts six bedrooms and nine bathrooms, along with a gym, wine cellar, office with a fireplace and wet bar, and a library overlooking a pond. Walk down to the beach and you’ll find a private pier.

“The site includes expansive grounds and multiple homes with indoor and outdoor living and entertaining spaces to delight family and friends,” the listing states. “This sprawling compound has been carefully assembled and improved over time and is truly a one-of-a-kind legacy property.”

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John Reed, the former chairman of Citigroup and the New York Stock Exchange, told the Wall Street Journal that he and his wife came to the decision to sell the property “somewhat reluctantly but sort of realistically.”

“As you get older, you sort of say, ‘Maybe we should downsize because it’s a big hunk of property,’” he told the Journal. “It takes quite a bit of effort to keep it going.”

One of the seven wood-burning fireplaces in the main house.Halsey Fulton

According to the listing, the property “provides an idyllic setting for luxurious living and serene relaxation” amid perennial gardens, outdoor decks, and a heated gunite pool. “The meticulously maintained grounds create a seamless blend of indoor and outdoor space, perfect for both quiet reflection and grand gatherings.”

The compound includes several properties besides the main house. There’s a dock house, which features a gourmet kitchen, radiant heat floors, and French doors that lead out to a back deck overlooking the private pier. There’s also a three-bedroom beach house that boasts a lavish kitchen with large center island, a stone wood-burning fireplace, screened-in porch, and a back deck overlooking the ocean.

A barn on the property contains a caretaker’s apartment, a three-bay equipment garage and workshop, and a canning kitchen that makes it “the perfect place to enjoy fruit and vegetables harvested from the property’s orchard, berry pavilion, greenhouse, and garden,” according to the listing.

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And let’s not forget the boat house, home to a state-of-the-art golf simulator.

The gourmet eat-in kitchen in the main house has a stone wood-burning fireplace and butler's pantry. Halsey Fulton

That’s not all. There’s also a covered pavilion with a wood-burning stone fireplace, Viking grill, and fire pit that makes it “the perfect venue for alfresco dining and outdoor gatherings, surrounded by the beauty of Goose Point Pond and fields of daffodils,” the listing states.

Also located on the compound is the Alexander Standish House, a 2,000-square-foot home that has two bedrooms and two full baths, plus an additional room that could serve as a third bedroom or office.

“Together, these outbuildings along with treehouses, bee hives, a turtle platform on the pond, an osprey nest, blend nature with luxury, comfort, and functionality,” the listing states.

One of the 12 bedrooms on the compound, which is on the market for $40 million. Halsey Fulton
One of the 18 bathrooms on the compound. Halsey Fulton
In addition to a library (pictured above), the main house has a gym, wine cellar, and a private office with a stone wood-burning fireplace and a wet bar. Halsey Fulton
A curved stairway leads down to this sitting area. Halsey Fulton
Outside you'll find gardens, a greenhouse, and an orchard. There's also a pavilion with a Viking grill, stone fireplace, and fire pit overlooking a pond. Halsey Fulton
The property includes 1,060 feet of water frontage with a sandy beach and private pier. Halsey Fulton
The main house was built in 1995 and spans over 14,000 square feet.Halsey Fulton

Emily Sweeney can be reached at [email protected]. Follow her @emilysweeney and on Instagram @emilysweeney22.