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Jonathan Wiggs/Globe Staff
The former Lexington estate of Charles Ponzi is getting publicly listed.
Courtesy Ofer Gneezy and Christine McLaughlin
Ponzi, posing with his wife and his mother on Slocum Road, occupied the property for only about six weeks in 1920 before he was arrested on charges of mail fraud.
The current owners, technology entrepreneur Ofer Gneezy and his wife Christine McLaughlin, say they are selling the 16-room home to downsize. Pictured: The conservatory.
“It had the kind of front of the house that we could always keep for entertainment, and the back of the house where we could live our real life,” Gneezy said.
The couple was attracted to the home for much the same reason as Ponzi’s wife: It was stately, without being ostentatious.
Ponzi first offered $25,000 for the property, according to Mitchell Zuckoff’s biography, but raised his bid to $39,000 on the condition that Engstrom invest in Ponzi’s Securities Exchange Company.
The home, which is being offered at $3.3 million, includes a butler's pantry on the first floor.
Features on the second floor include a foyer, the master suite, four bedrooms, and a balcony.
The master suite has two gas fireplaces, a large dressing room with four closets, and access to a balcony.
Rosemary Fletcher Photography
The one-acre grounds were restored and renovated starting in 2005.
Courtesy Rich Pomerantz
The landscape includes a private sitting area.
Courtesy Laura Kuhn
“This house deserves a family,” Christine McLaughlin said. “It deserves people in it.”
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