St. Regis Boston Seaport Condos – List for 2%
Byline – John Ford – Boston Seaport Condo Broker.
St. Regis Boston Seaport Condos
Boston Condos for Sale and Apartments for Rent
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St. Regis Boston Seaport condos
St. Regis Condos Price From:
St. Regis Waterfront Property Showings Available 2024
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Featured Property of the week at St Regis
Welcome to Boston’s first St. Regis Residences to the Seaport’s waterfront. Wolf/SubZero appliances, wide plank H/W floors, marble countertops, outdoor terrace, 12,000 square feet of amenities including infinity pool, terrace, steam and sauna, jacuzzi, library, fitness center and more, managed by the 5-star St. Regis residential staff.
Location: Boston, MA
Bedrooms: 2
Bathrooms: 2.5
Square footage: 1,887
Price: $5,300,000 ($2,809/Sq/Ft)
SEAPORT CONDOS UNDER $3,000,000
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One of the most prestigious waterfront condominium building in the Boston’s Seaport neighborhood is nearing completion.
Boston’s Seaport has undergone a massive transformation. From being the home of the famed Anthony’s Pier 4, Jimmy’s Harborside and the Barking Crab back in the 1980s, to the 1990s when the area was cut off by the Big Dig project and became a sea of parking lots and rotting piers, to today, with its restaurants, hotels, residences and more.
St. Regis has attached itself to a residential luxury living
”The luxury market is shifting towards a focus on highly curated services and experiential living, so it’s no surprise that discerning buyers are drawn to this well-established brand known for incredible attention to detail,” said Cathy Angelini, director of sales for The St. Regis Residences, Boston. “Our buyers are looking for beautiful design, unmatched amenities, stunning water views and access to the up-and-coming Seaport neighborhood, and The St. Regis Residences, Boston is the only opportunity to have all of that in one place, while calling a gorgeous waterfront property home.”
St Regis luxury condo building will include 62 floor plans and 114 units with prices ranging from $1,699,000 million for a one-bedroom unit to $15 million for a four-bedroom penthouse. Many of the units have walk-out or Juliet balconies with sweeping Boston Harbor views. The first two floors of the building will include a restaurant.
The property will also offer butler access, a pool, jacuzzi, guest suites, an exercise room, spa and a private entrance to the restaurant.
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Contact phone number 24/7 @ 617-595-3712
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The St. Regis Residences is located at 150 Seaport Blvd
The St. Regis Residences is located at 150 Seaport Blvd. in Boston’s Seaport Neighborhood and is one of the most desired luxury Boston Seaport condo complex. St. Regos is a full-service residential complex
Designed by Elkus Manfredi Architects and built by Cronin Development. The St. Regis Condominiums will sit directly on the water and will feature approximately 114 condominiums on 22 floors, Health Club, library, swimming pool, and spa. Many units will feature private outdoor spaces, floor-to-ceiling windows, state-of-the-art kitchens, top-of-the-line bathrooms, and hardwood flooring.
Additional Details St. Regis
Neighborhood: Boston Seaport
Zip Code: 02210
Type: Residential Luxury condominium complex
Year Built: Completed in 2022
Building Amenities and Features
Concierge
Garage Parking
Lap Pool
Owners Lounge
Fitness Center
Sauna
Steam Room
Restaurants near the St. Regis
Ocean Prime – High-end Seafood and Steak.
Rosa Mexicano – Modern Mexican restaurant with outdoor seating(Menu Here)
Del Friscos Steakhouse – The name says it all. Sits right on the harbor.
St. Regis Setting up appointments for viewing:
Please contact us at 617-595-3712 on call 24/7, or text 617-595-3712. email realtyford@yahoo.com to receive timely updates on pricing and sales appointments as they become available.
Ford Realty Inc., Google Reviews
Ford Realty Inc., has numerous positive Google Reviews from past Boston condo buyers and will work closely with you and the developer in choosing the right unit for your needs.
Luxury Living in the Boston Seaport: Condos for Sale and Prices
Picture living in a place where modern luxury meets historical charm, where sweeping city and harbor views greet you every morning, and upscale amenities are just footsteps away. The Boston Seaport is not only the city’s most dynamic waterfront neighborhood but also home to some of the most coveted condos available. Dive into the world of unparalleled elegance with our comprehensive guide to Boston Seaport condos for sale and their prices, where your dream life awaits by the water’s edge.
The current average list price for a Boston Seaport condo is approximately $1.6 million, with prices ranging from approximately $500,000 to over $10 million depending on location, size, and luxury features offered. It’s important to consult with a qualified real estate agent or broker to get the most up-to-date information and guidance when considering purchasing a condo in Boston Seaport.
Seaport Condos for Sale in Boston
Boston’s Seaport is a bustling neighborhood with plenty of high-rise condos on offer. With a desirable location that puts residents steps away from some of the city’s best attractions, Seaport condos come at a premium price. However, the luxurious amenities and breathtaking harbor views make the investment more than worth it.
Condos in Seaport range from studios to three-bedroom units, with varying prices based on location, size, and amenities. Some properties may feature waterfront views, high-end appliances, private balconies, or access to exclusive resident-only spaces like rooftop lounges or fitness centers.
For those looking to invest in a luxury condo in Seaport, it’s important to consider which factors matter most when making a purchase. Location is often key, as easy access to downtown shopping, dining, and entertainment can be a major draw for potential buyers.
Another aspect to consider is the quality of the building itself: newer buildings may come with more modern amenities and design features but could also carry a higher price tag whereas older buildings may have less impressive features but could also be more affordable.
Additionally, buyers should carefully consider any fees associated with owning a condo in Seaport such as monthly maintenance costs or property taxes. These expenses are important to keep in mind when budgeting for your investment.
Seaport condos come at a premium price, but the value they offer is undeniable.Comparably, the luxury units in Seaport are priced higher due to its prime location and proximity to some of the city’s top spots. What differentiates these from other expensive condos rising in Downtown Boston is the unbeatable views of the harbor and unique amenities and concierge services offered.
While location and amenities play an important role in purchasing a Seaport condo, there are several factors you should consider to make sure you’re making a smart investment.
Factors to Consider When Buying Seaport Condos
When looking to invest in a high-end condo in the Seaport district, several factors must be considered before making such an investment. Aspects such as safety levels in the neighborhood, actual purchase prices of similar units in comparison and potential assessment fees all play their role.
One crucial factor to keep in mind when buying a luxury condo is that owners are typically expected to pay monthly maintenance or association fees. These costs can vary greatly based on building size, age, and amenities provided. Usually, newer properties will have higher monthly fees compared to older buildings because they often have more modern facilities that entail consistent upkeep and maintenance. The monthly fee sometimes covers landscaping, snow removal service, trash collection and residents usually enjoy 24-hour doorman service as well.
Aside from associated costs, it’s critical to look into the level of security within each specific building considering your safety matters most. Features like lobby attendants or cameras may provide some reassurance while living on site protecting every resident’s privacy.
Another factor can include natural disasters that could affect your property as Boston is prone to areas of flooding. For instance, in the midst of a storm surge, condos downtown and by the Seaport are affected by water caused by high tides compounded with heavy rain. That’s where flood insurance comes into play which is an additional expense that might be afforded on a condo unit.
Proper due diligence must be undertaken when making a grand purchase like a luxury Seaport condo. You could email your real estate agent to inquire about historic costs and other residents’ association fees. Getting familiar with any hidden expenses as well as researching future plans such as new developments within the area will definitely guide you through your investment journey.
Buying a Seaport condo is not quite different from purchasing stocks in publicly traded companies. Just in this transaction being made for ownership in the Seaport neighborhood thereafter comes with accepting more risks and benefits as compared to being a stockholder in any similar company.
With several factors to keep in mind, investing in Seaport real estate demands proper planning and foresight. However, the splendor of owning a luxurious condo in one of Boston’s most sought-after neighborhoods far outweighs the costs involved.
- Investing in a high-end Seaport condo requires careful consideration of various factors like monthly maintenance fees, building security, potential natural disasters and associated costs like flood insurance. Due diligence must be undertaken to uncover any hidden expenses and research future developments in the area. Though risky, the benefits of owning a luxury condo in Seaport outweigh the costs involved with proper planning and foresight.
Trends and Financial Considerations for Seaport Real Estate
As the Boston Seaport continues to develop and expand, investing in real estate in this area can be a smart financial move. However, it is important to consider various factors before making a purchase.
One of the main financial considerations when buying a Seaport condo is the monthly maintenance fee. Depending on the building and its amenities, this fee can vary significantly. Therefore, it is important to factor in this cost when determining your budget. Additionally, it is worth noting that buildings with more luxurious amenities tend to have higher monthly fees.
Another financial aspect to consider is property taxes. In Boston, the average property tax rate is $10.88 per $1,000 of assessed value. However, if you plan on living in the property full-time, you may qualify for a residential exemption that can reduce your tax bill by excluding a portion of your residential property’s value from taxation.
In addition to these costs, it’s important to consider the potential for appreciation in value and rental income. The Boston Seaport has seen significant growth over the past decade and continues to attract new businesses and residents. This increase in demand has led to an increase in property values and rental rates.
When investing in Seaport real estate, it’s also important to work with experienced professionals who can guide you through the buying process. A knowledgeable real estate agent and attorney can help you navigate any potential legal or financial hurdles and ensure that you make an informed decision.
For example, let’s say you are considering purchasing a one-bedroom condo in the Boston Seaport area for $800,000 with a monthly maintenance fee of $1,000. If you plan on living in the property full-time and qualify for the residential exemption, your annual property tax bill would be around $7,428. Factoring in these costs as well as your mortgage payment, you would be looking at monthly expenses of approximately $5,200.
Despite the initial high cost of purchasing a Seaport condo, it is important to consider the potential for appreciation in value and rental income over time. According to Zillow, the median home value in the Boston Seaport was $1.2 million as of June 2023. This represents an increase of 13.9% from the previous year. Additionally, the average rent for a one-bedroom apartment in the Boston Seaport was approximately $3,500 per month in June 2023, according to RentCafe.
While there is certainly potential for financial gain when investing in Seaport real estate, it’s important to recognize that there are also risks involved. The current real estate market is dynamic and can fluctuate rapidly based on a variety of economic factors. There is always a possibility that property values could decrease or rental rates could become less desirable over time. Additionally, there can be unexpected maintenance costs associated with owning a condominium.
With these financial considerations in mind, it is important to also explore current price trends in the Seaport real estate market.
Price Trends in the Market
As mentioned earlier, the Boston Seaport has seen significant growth over the past decade. As demand for housing and commercial space continues to rise and new developments are built, prices have continued to increase as well.
According to data from Redfin, the median sale price for homes in the Boston Seaport area was $1.25 million as of June 2023. While this represents an increase from previous years and reflects the desirability of living in this area, it is worth noting that these prices may be out of reach for many buyers.
However, there are still options available for those looking to invest in Seaport real estate. Some developments offer more affordable options for those looking to purchase a condo in this area. For example, Echelon Seaport offers studios starting at $700,000 and one-bedroom units starting at $1.2 million.
Another option is the forthcoming St. Regis Residences Boston, which will offer luxury condos ranging from one to four bedrooms with prices starting at $2 million.
Despite the high prices associated with Seaport real estate, demand continues to be strong, particularly among young professionals and those working in industries such as finance and tech. As previously mentioned, financial services companies represent a $24 billion industry in Boston, and this sector continues to grow. Additionally, the Boston office vacancy rate is currently in single digits for the first time in this millennium, reflecting the city’s strong job market.
However, it’s important to recognize that investing in Seaport real estate isn’t always a surefire way to make money. As with any investment, there are risks involved that should be carefully weighed before making a purchase. Additionally, it’s worth considering whether owning property in this area aligns with your personal lifestyle goals and financial priorities.
Investing in Seaport real estate can be likened to buying blue chip stocks – while there is potential for significant gains over time, there is also risk involved. It’s important to consider both short-term and long-term financial goals when evaluating whether purchasing a Seaport condo is the right choice for you.
With these price trends and financial considerations in mind, it’s important to explore the luxury condo amenities and views available in the Boston Seaport area.
Financial Considerations Before Purchasing a Seaport Condo
Purchasing a Seaport condo is undoubtedly a major financial decision that requires meticulous planning and evaluation. Aspiring homeowners should keep in mind several crucial factors before making their final decision, as it may limit or extend their financial capabilities for years to come.
One of the most significant considerations is mortgage rates. Interest rates can vary depending on a borrower’s credit score, down payment, and loan type. It’s essential to take note of your mortgage rate since it can significantly impact your monthly payments and long-term financial planning.
Moreover, aspiring homeowners must consider not only the purchase price but also other fees associated with condominium living. Monthly maintenance fees, property taxes, and utility bills are among the common expenses that every homeowner should factor into their budget. These additional costs can vary from condo to condo, making it crucial to assess them thoroughly before committing to a purchase.
While purchasing a Seaport condo can result in capital gains in the future, the past few years have shown that values may fluctuate due to demand and supply forces. It’s crucial to be aware of current real estate trends and seek expert knowledge when evaluating the investment potential of Seaport condos.
In retrospect, investing in a luxury Seaport condo is akin to running a marathon. It requires endurance and strategic planning for an individual to succeed at long-term financial security. Therefore, it’d be best if potential buyers weigh all action items meticulously before sprinting towards the finish line.
Now that we’ve discussed critical financial considerations let’s delve into luxury amenities and panoramic views that come with owning a Seaport condo.
Luxury Condo Amenities and Views
Seaport condos offer more than just practicality; they offer the epitome of supreme living. The Seaport area is known to be home to some of the most luxurious condos that come replete with high-end amenities and keep homeowners wanting for nothing.
Amenities in a luxury condo are among the features that distinguish it from a traditional condo. These could include fitness centers, heated pools, housekeeping services, 24/7 security, concierge service, valet parking, and many more. They’re all designed to enhance homeowners’ quality of life and make their stay comfortable and memorable.
Additionally, owning a Seaport condo gives you access to spectacular views of the Boston skyline or harbor. Imagine waking up every morning to scenic waterfront views that are second to none. You can also enjoy breathtaking sunsets from your balcony while sipping your favorite drink.
However, this raises a question – should you always pay a premium for panoramic views? While breathtaking views contribute significantly to the overall value of your Seaport condo, they may also increase its price tag exponentially. It’s crucial to set proper expectations at the onset since getting accustomed to such spectacular views makes it challenging to sell the property down the line.
Owning a luxury Seaport condo is like driving an exotic sports car. The ownership comes with its highs and lows as maintenance costs may vary according to model or location. Nevertheless, once experienced, it becomes harder for you ever to imagine going back to a previous norm.
Comparing Prices & Options Across Properties
When searching for luxury condos in the Boston Seaport area, it’s important to compare prices and options across properties. The average list price for a downtown Boston condo is $1,385,000 while the median sold price for DT Boston condominium is $960,000. However, prices can vary depending on the size, location, and amenities of a specific condo.
For example, one luxury condo development in the Seaport area may have higher prices but offer more exclusive amenities such as a private rooftop terrace or access to a fitness center. On the other hand, a different building may have lower prices but not offer as many luxury amenities.
When comparing prices and options across properties, it’s also important to consider the age and condition of the building. Older buildings may have lower prices but may require more upkeep or renovations in the long run. Newer buildings may have higher prices but offer modern features and technology.
Overall, when comparing luxury condo options in the Boston Seaport area, it’s important to weigh the cost with the benefits and amenities offered by each individual property.
For instance, a new development in Seaport called Echelon Seaport promises upscale living experiences with its exclusive Sky Lounge membership that gives residents access to dining experiences at Chef Douglass Williams’ restaurant MIDA – opening this fall. Also included are unobstructed city views from both indoor and outdoor spaces including cascading terraces with firepits overlooking Seaport Boulevard.
Moreover, another project named Twenty Two Liberty has waterfront views of historic Boston Harbor and is one of Liberty Wharf’s most distinguished residences. This property features amenities such as 24/7 concierge service, valet garage parking, private balconies offering breathtaking ocean views amongst others.
Some may argue that these exclusive amenities come at an unjustifiably high price. However, others may argue that the high prices are worth it for the convenience and luxury that these condos offer. It ultimately depends on personal priorities and preferences when it comes to purchasing a Seaport condo.
Next, let’s delve into some notable luxury condo developments in the Boston Seaport area.
Notable Luxury Condo Developments in the Seaport Area
Boston Seaport is a highly sought-after neighborhood for luxury living, and as a result, has many notable luxury condo developments in the area. One such development is Pier 4, which boasts expansive outdoor spaces with breathtaking views of Boston Harbor and skyline. Its floor-to-ceiling windows maximize views while offering ample natural light. This property features amenities such as a fitness center and sky lounge with outdoor terrace, private dining room overlooking the harbor amongst others.
Another notable development is Echelon Seaport, which we have previously mentioned. This newer building offers exclusive amenities such as a private rooftop deck with outdoor hot tubs and fire pits providing stunning 360-degree views of the harbor and downtown Boston Skyline along with access to 1-acre park.
Millennium Tower, located in Downtown Crossing near the border of Beacon Hill boasts high-end amenities including an unrivaled two-story Club offering unparalleled lifestyle experiences – including La Vie social events atop its sprawling Terrace; members-only Owner’s Lounge with private dining room; distinctive bar and lounge in FLX; amenity level includes 75-foot lap pool; fitness facility; spacious children’s playroom & more.
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Marriott International, which owns the St. Regis chain, began looking at a site for a new hotel in Boston, Cronin, who is the principal at Cronin Development, had another idea: Why not open a St. Regis, but one that was purely residential? Cronin had a vision of high-end condos where residents could experience the luxury hotel service of a St. Regis, but on a permanent basis. Here, condo owners would have the luxury of butler service, but the intimacy that comes with not being in the pool next to a hotel guest. And why not place it on the Boston Harbor on one of the last residential waterfront sites in the Seaport?
“Our goal was always to be residential-only,” Cronin says. “We never anticipated or wanted to put a hotel there. Traveling to different cities around the country and seeing resident-only locations, there was something a lot more unique and boutique about it, and there’s more of a sense of intimacy and luxury rather than the transience of a hotel. When we came across the site…we knew it had to be something special.”
The 22-floor building will house 114 units when completed, which are priced starting at $2 million. Renderings of the property show a glass-ensconced building where residents will enjoy harbor views from nearly every point, whether they’re sipping a cocktail in the lounge or soaking in the infinity pool. There’s a mix of one, two, and three-plus bedroom condos sized at an average of 1,650 square feet. Almost all the units have outdoor space as well, whether it’s a terrace or Juliet balcony that can be accessed through a sliding wall of windows.
The building itself was designed by the Boston-based Elkus Manfredi Architects. Challenged by former Mayor Marty Walsh to create something other than a “glass box,” the firm created a design mean to invoke the sails of a ship.
Inside, the building has a host of amenities located on the third floor. Here residents will be treated to their very own health club, library, board room, bar, golf simulator, wine storage area, and best of all, an infinity pool with handmade imported tiles overlooking the Boston Harbor.
Though perhaps what’s truly best of all is that these amenities are exclusively for residents. Only the two-story restaurant on the street level will be open to the public, and even that will have a private dining room and catering just for residents so they can enjoy the American bistro’s brunch, lunch, and dinner offerings away from the public.
The restaurant is expected to open on Aug. 1, which is the same time residents will start moving into the building, which is in the final months of construction now. Cronin said about 40 percent of the units are sold, a welcome showing after an initial slowdown when COVID hit and construction was paused on the site. But since then, there’s been a resurgence of interest, especially in the larger units.
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Boston Real Estate Blog Updated 2024