Michael and Susan Dell Listed Boston Penthouse for Auction
The couple placed their 59th-floor Millennium Tower unit up for a sealed-bid auction concluding late October.
Updated on Oct. 14, 2026 in Commercial
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Michael and Susan Dell have listed their 4,100-square-foot penthouse at Boston's Millennium Tower for a sealed-bid auction. The property, which features three bedrooms and four bathrooms, has been set with a minimum reserve price of $6.5 million.
Why it matters
The listing marks a significant change in the couple's real estate holdings, bringing a high-profile unit in the city's Financial District to market via a competitive auction format. The property was originally purchased by the Dells for $10.9 million.
The 59th-floor residence spans approximately 4,100 square feet and includes three bedrooms, four full bathrooms, and a private outdoor terrace. Monthly homeowner association fees for the unit are currently $6,862.
The players
Michael Dell
He is the founder and CEO of Dell Technologies, one of the world's largest technology infrastructure companies.
Susan Dell
She is an influential philanthropist and fashion designer who co-founded the Michael & Susan Dell Foundation.
The details
The sealed-bid auction is being conducted by Paramount Realty USA and Serhant Massachusetts. Located in the Millennium Tower, which was completed in 2016, the unit offers high-end urban living space in the heart of Boston.
Timeline
The Millennium Tower was completed in 2016.
The auction for the property concludes on October 29, 2026.
Culture Shift
This move reflects the broader luxury real estate market shift toward auction sales for high-value urban properties. It highlights how ultra-high-net-worth individuals are increasingly utilizing competitive bidding to liquidate assets in major cities.
Prospective buyers and local investors should note the $6.5 million reserve price as a baseline for high-end units in the Financial District. The monthly $6,862 HOA fee remains a critical recurring cost consideration for any potential owner.
The takeaway
Utilizing a sealed-bid auction allows sellers to establish a clear market price for unique, high-value properties. Investors looking to acquire luxury urban assets should research recent local auction trends to understand competitive bidding dynamics.
What happens next
The auction process is scheduled to conclude on October 29, 2026, at which point the final sale status of the property will be determined.
Further reading
For additional context on the local market, visit Boston Commercial.
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