Brandeis recently sold the Newton home that once housed former University Presidents Jehuda Reinharz and Abraham Sachar, and entertained the likes of Albert Einstein, Eleanor Roosevelt and the Dalai Lama, among other distinguished guests.

The house sold for $2.06 million, $190,000 below the $2.25 million list price, according to Bill Burger, associate vice president for communications.

The 66 Beaumont Ave. home was on the market for about five months, since University President Frederick Lawrence decided to make a Watch Factory apartment in Waltham his presidential residence.

Lawrence, who can now walk to work, is the first Brandeis president to live in Waltham, and plans to welcome students to his home.

"The Board of Trustees voted in March to authorize the university to sell the Beaumont Avenue property and hold the proceeds while the university's long-term presidential housing needs are determined," according to BrandeisNOW.

There was no timetable set by the Board for the sale of the house, but Burger said the University is pleased with the result.

"We are very happy with the speed of the sale and the sale price, particularly in this real estate market," said Burger.

The house, which was built in 1910, has six bedrooms and four bathrooms.

The University first acquired the 5,500-square-foot colonial in Newton in 1948 for the University's first president, Abraham Sachar, according to BrandeisNOW. The house was then sold in 1990, but bought again for Reinharz four years later. He lived there with his wife, Prof. Shulamit Reinharz (WGS), for most of his 16 1/2 year tenure.

In terms of the money generated by the sale of the home, Burger said, "There is no specific announced use for the funds at this time."

-Andrew Wingens