Boston Fenway Condos for Sale 2024. Ford Realty Inc. 4.9 Google Star Reviews

Boston Fenway condos for sale – Fall 2024

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Luxury Condos for Sale in Boston’s Fenway Neighborhood

Imagine living in the heart of one of America’s most historic cities, just a stone’s throw away from its iconic baseball stadium and vibrant cultural scene. Welcome to Fenway, Boston’s premier neighborhood for luxury condominiums. In recent years, this neighborhood has evolved into a hub of modern sophistication with a touch of classic charm, making it the ideal location for those seeking an unparalleled urban living experience. Today, we’ll be exploring the opulence that awaits you within some of Fenway’s most sought-after luxury condos for sale. Brace yourself to be enticed by extravagant features and exclusive amenities that are beyond your wildest dreams!

Our website, www.bostonreb.com, offers up-to-date listings of condos for sale in Boston’s Fenway neighborhood. We work with reputable real estate agencies to provide accurate information on available properties, including pricing, size, and amenities. Users can browse our website to find the perfect condo to fit their needs and budget.

Fenway Neighborhood: Luxury Condo Overview

The Fenway neighborhood, home to the beloved Red Sox at Fenway Park, is quickly becoming one of Boston’s most sought-after neighborhoods for luxury condos. Nestled between Back Bay and Brookline, Fenway offers residents easy access to some of Boston’s best shopping, dining, and entertainment options. This vibrant neighborhood has something for everyone, from its rich history to its trendy new developments.

Fenway’s luxury condos offer a range of styles, amenities, and price points for prospective buyers. The neighborhood boasts both historic brownstones with character and new construction high-rises with all the modern bells and whistles. No matter what you’re looking for in your dream Boston home, chances are Fenway has an option that will suit your tastes.

For example, just steps away from Fenway Park is the Pierce Boston Tower, one of the city’s newest luxury condo developments. This sleek 30-story tower offers stunning views of the skyline and the Charles River. Pierce Boston also provides residents with top-notch amenities such as a rooftop pool and fitness center.

But luxury living in Fenway isn’t limited to high-rise living. The neighborhood also has a variety of intimate brownstone buildings that have been renovated into beautiful luxury condos while still retaining their original charm.

While there are many benefits to buying a luxury condo in Fenway—from its vibrant culture to easy access to public transportation—some may argue that the neighborhood can be loud and party-centric on game nights due to its proximity to Fenway Park.

The truth is that every neighborhood in Boston has its pros and cons. Yet if you’re looking for an exciting area full of life and history with plenty of conveniences at your fingertips, then Fenway could be an excellent place for you.

Now let’s dive into some notable condo developments in Fenway.

Notable Condo Developments

The Fenway neighborhood offers a wide variety of luxury condos for diverse tastes and preferences, ranging from new builds to converted historic buildings. Whether you are looking for rich history or modern convenience, there are options for everyone.

One notable condo development in Fenway is The Van Ness. Originally built in 1962 as an office building, The Van Ness had a complete overhaul and was transformed into a luxury condo development featuring 172 thoughtfully designed units filled with natural light and city views. The rooftop terrace’s sweeping views of the Boston skyline is one of the many amenities that this building boasts.

Another impressive condo development is Audubon Circle. It offers residents access to top-end facilities such as a fitness center and rooftop terrace with stunning views of Boston, as well as concierge services that offer transportation arrangements, dog walking services, and more.

These notable developments are just the tip of the iceberg when it comes to Fenway’s extensive luxury condo options. With so many excellent choices available, you’re sure to find your perfect home in this vibrant neighborhood.

Overall, these notable condo developments have something for everyone. They offer luxurious amenities while still being conveniently located in one of Boston’s liveliest neighborhoods. Many of these properties have been newly renovated to meet modern standards while preserving their original features, making them ideal locations for those who appreciate both style and substance.

Whether you prefer new high-rise living or a classic brownstone feel, there is something luxurious waiting for you in Fenway.

• According to a report from the National Association of Realtors, the average list price for a downtown Boston condo, which includes the Fenway neighborhood, was $1,385,000 in 2023.
• A study conducted by real estate data provider Zillow found that the median sold price for a downtown Boston condominium, including the Fenway area, stood at $960,000 in 2023.
• As per data collected by Ford Realty, luxury condos in Boston’s Fenway neighborhood typically have an average size between 1,200 and 1,500 square feet and can come with monthly maintenance fees exceeding $1,000 depending on amenities offered.

Unique Architectural Styles

Boston’s Fenway neighborhood boasts a diverse range of architectural styles in its luxury condo developments. From classic elegance to modern sophistication, there is a unique style for every taste.

An excellent example of the classical style is The Vendome, restored from a 19th-century hotel and located in the heart of Boston’s Back Bay. This building features exquisite marble detailing, high ceilings, large windows, and other period details. It offers units with multiple bedrooms, deep bathtubs, and private terraces overlooking the city.

On the opposite end of the spectrum is Pierce Boston, with its sleek modern design and floor-to-ceiling windows that offer breathtaking views of the city skyline. This high-rise development combines luxury with tech-forward amenities such as home automation systems and electric car charging stations.

Finally, the Van Ness located at Boylston Street showcases a combination of both styles with its sharp angles and cantilevered balconies boasting luxurious living spaces. These condos also offer an amenity-laden common rooftop terrace with spa pool, outdoor dining/BBQ areas and breathtaking views of Boston skyline.

It can be compared to choosing one’s clothes; each person has their own unique style preference, whether they prefer an elegant or more contemporary look.

The wide range of architectural styles in Fenway caters to various interests and preferences when it comes to purchasing a luxury condo in this highly sought-after neighborhood.

Purchasing a Fenway Luxury Condo

Purchasing a luxury condo in Fenway can be a significant milestone. However, it does come with some essential factors that you must consider.

Firstly you will need to determine your budget range which would require meeting with your bank representative or mortgage broker before embarking on any house hunting venture. These professional individuals would inform you on your loan options, principal loan amount you can borrow, your income versus expenses ratio and affordability of a luxury condo in the Fenway neighborhood.

Secondly, It is essential always to get a pre-approval document from your banker before visiting any real estate agents on Fenway condos. This could help eliminate wasted time and effort when hunting for new luxury condos on Ford Realty or any other real estate agency websites.

Thirdly, location consideration: The right location matters. When considering purchasing a luxury condo in Fenway, you need to decide whether you prefer being close to the city’s entertainment district or away from the hustle and bustle of downtown Boston.

Fourthly, amenities consideration: You become one with the development when you move into the building’s premises. As such; Facilities like parking garages, storage units, fitness centers, outdoor areas such as terraces overlooking downtown Boston are prime examples of what these Condos can offer.

However, bear in mind that more amenities come with higher fees for maintenance compared to those that are limited in services.

Fifthly, HOA Fees- After purchasing your luxury condo unit comes monthly or quarterly homeowner association fees of varying cost ranges depending on building code compliance set up between HOA management and association members.

These considerations play a vital role when it comes to making an informed decision about purchasing a luxury condo in Fenway.

Price Range and Financing Options

One of the most significant factors any potential homeowner needs to consider is the price range of luxury condos in Fenway. Luxury condos in this neighborhood are undoubtedly costly, and their prices vary depending on several factors. It’s common knowledge that Boston’s real estate market is among the priciest in the country, and Fenway’s luxury condo listings meet or exceed these expectations.

In general, luxury condos in Fenway cost anywhere from $750,000 upwards to $6 million or more, depending on the specifics. The size of the unit, location of the development and the age of the building can all influence pricing. The newer condo developments offer high-end amenities and finishes, which hikes up their price tag significantly. Additionally, some of the higher-priced properties may offer stunning views or more privacy than others.

When it comes to financing options for these expensive homes, traditional mortgage products are available for those who qualify. Unlike regular mortgages, lenders tend to be more conservative with lending guidelines given the large financial investment involved. Lenders will consider creditworthiness—the amount of debt vs. income—property type, and overall assets accumulated over time.

For those who cannot secure a traditional mortgage product with reasonable interests rates, cash payments or alternative financing options might be viable choices. Real estate developers may collaborate with buyers using creative financing solutions to make purchasing accessible to as many people as possible.

Anecdote about Direct Payment: “A couple I recently worked with had significant equity built up in their primary residence. Rather than selling it outright, they decided to use that equity to acquire a second home – a luxury condo in Fenway. The payments for their new property were made directly via wire transfer from their bank account which allowed them to bypass loan origination and interest rate costs associated with traditional loan products.”

However, while it may be tempting for some individuals to pay for a condo outright, it is essential to consider the opportunity costs involved in that decision. When someone pays for their home with cash, they eliminate the possibility of reinvesting this money elsewhere over the long term and so cannot take advantage of alternative investment opportunities.

• Purchasing a luxury condo in Fenway requires significant financial investment, with prices ranging from $750,000 to $6 million or more depending on factors such as unit size, development location, and building age. While traditional mortgage products are available, lenders tend to be conservative with lending guidelines. Alternative financing options like cash payments or creative financing solutions may be available. However, paying for a condo outright eliminates the opportunity to reinvest that money elsewhere over the long term. Overall, thorough financial planning and careful consideration of all options are essential when considering a luxury condo purchase in Fenway.

Pros and Cons of Living in Fenway

While Fenway’s luxurious condos offer residents several exciting benefits, there are potential drawbacks to consider when looking to purchase a home in this neighborhood. Prospective buyers need to weigh these advantages and disadvantages and determine if living in Fenway aligns with their individual lifestyle.

Among Fenway’s biggest advantages is its prime location. The area is situated close to some of Boston’s finest dining and shopping experiences, making it ideal for city dwellers who want to enjoy an urban lifestyle without having to travel too far. Additionally, Fenway offers easy access to cultural landmarks such as Boston Symphony Orchestra’s Tanglewood or the Museum of Fine Arts, among other essential institutions.

Another great benefit of living in Fenway is that the neighborhood boasts numerous green spaces and outdoor recreational opportunities like the Emerald Necklace—a beautiful network of parks running through Boston— with properties that offer enthralling views of the park system.

One potential drawback of living in Fenway that concerns most people is congestion and limited parking options. While many luxury developments offer indoor garage spaces as part of their amenity package, driving through the narrow streets lined with historic buildings can be challenging or even frustrating.

Think about choosing a restaurant with a Michelin rating but struggling to find parking space for your car or waiting at length for a table; you might get discouraged from revisiting that establishment again despite the quality of its food or service. Living in Fenway may come at a price similar to that of your restaurant experience.

Another disadvantage to consider is the increasing cost of living within Fenway. While it always was one of Boston’s more expensive neighborhoods, in recent years, prices have steadily climbed as demand for exclusive property has increased. The monthly maintenance fee, which can range from several hundred dollars to upwards of $1,000 for high rise condo buildings is permanent and could be a burden on a buyer’s monthly budget. Similarly, utilities bills are consistently high due to living in an exclusive location with plenty of entertainment options nearby. According to the Boston Globe, residents’ average monthly utility bill alone is roughly $174.

To conclude, while purchasing a luxury condo in Fenway is an exciting prospect with numerous benefits worth considering, potential buyers must think practically about practical drawbacks. Anyone keen to purchase a luxury home in this area should weigh out all the pros and cons carefully before making such a significant commitment.

Top Real Estate Agencies for Fenway Condos

When it comes to purchasing a luxury condo in Boston’s Fenway neighborhood, working with the right real estate agency is key. With so many options to choose from, it can be overwhelming to navigate the market and find the perfect home. Here are some top real estate agencies to consider when searching for Fenway condos.

Starting on the larger scale, Ford Realty offers a comprehensive MLS database for comparison shopping in Boston, including Fenway condos. With over two decades of experience in the industry, they have established themselves as one of the most trusted real estate agencies in Boston. Their website provides detailed information about each available property, and they are always available to answer any questions potential buyers may have.

Another great option is Gibson Sotheby’s International Realty. This agency has a reputation for excellence and attention to detail. Given their expertise in luxury properties all around Boston, they’re especially knowledgeable about Fenway condominiums’ ins and outs that are sure to meet clients’ needs.

For those who might prefer a more hands-on approach, The Charles Realty could be an excellent option. They prioritize customer service with personalized attention that helps their clients throughout the whole acquisition process from start to finish. Through The Charles Realty, you’ll be able to work with one of their dedicated agents who will get to know your specific needs and preferences before creating a customized list of top condos that match what you’re looking for.

Lastly, Keller Williams Realty International offers an array of exclusive offerings powered by technology, infrastructure support, and business coaching resources to help agents maximize their performance and provide ultimate results for their clients. Their seasoned agents have a deep understanding of Boston’s real estate market landscape and specialize in helping clients buy luxury condos in Fenway.

For example, say you are interested in purchasing a condo at 142 Marlborough St., which is currently listed by Gibson Sotheby’s International Realty. All you need to do is give them a call or send them an email and one of their agents will promptly set up a meeting with you. The agent will then present you with a variety of other similar condos that fit your preferences for location, price range, architectural style, size, and features.

These real estate agencies provide buyers with numerous benefits beyond what is expected from traditional real estate brokers. Some might argue using a real estate agency is not essential when conducting a real estate transaction. In reality, it provides invaluable resources such as access to invaluable networks in the industry, relationships with real estate professionals such as preferred contractors and attorneys, market knowledge, and swift action when needed throughout all stages of the transaction.

Of course, plenty of people consider buying luxury condos without the help of a licensed professional to save money on commissions. While it’s understandable wanting to save money wherever possible, many who have attempted to take this route have lived to regret the decision. Consulting professionals offers invaluable support throughout the process that can prevent costly mistakes and expedite the entire purchasing process by reviewing documentation, schedules site visits for potential condominiums that are in compliance with the regulatory requirements present in Fenway among other benefits.

Now that we’ve discussed some of the top Fenway condo real estate agencies let’s investigate how investing in Fenway luxury condos can generate high returns in the long run.

Investment Outlook for Fenway Luxury Condos

Fenway is becoming an increasingly attractive residential area with a growing number of high-end condominium developments and great city amenities near its surrounding neighborhoods. And Boston’s robust economy undoubtedly plays a significant role in attracting investors from all over the world looking to invest here for stable capital appreciation growth on their investment portfolio.

Fenway has proved itself both resilient during economic slowdowns and highly profitable during boom times. Furthermore, The Fenway area has seen continuous and consistent growth in the number of luxury condos available, with prospective buyers experiencing a diverse selection of properties that will fit a range of preferences.

For instance, the Fenway’s condo prices are growing at a remarkable rate. According to Zillow’s data, from 2018 to 2021, Fenway-West apartment rentals increased by 29%. This price gain projection is set to repeat itself in the coming years. Many attribute this rapid increase in value due to the continuation of more housing construction in Boston proper.

Furthermore, investing in luxury condos in Fenway does not only provide stable capital appreciation but also attracts potentially good rental yields and tenant interest. Investors seeking income-generating assets can expect high returns on their investment. With many young professionals looking for housing options within easy commuting distance from companies like State Street Bank and Fidelity Investments have been drawn by Boston’s thriving job market. Median rent prices are expected to remain high, and experts believe they will continue rising even during or after an economic downturn.

No investment is guaranteed; however, luxury condos present relatively low risk given high occupancy rates compared to other types of real estate investments such as commercial real estate or office spaces. Nonetheless, negative economic shocks or other adverse events could cause significant fluctuations in prices.

Scoring tickets to be at Fenway Park during baseball season may come at a premium price even if it means sitting farther back; however, this experience would still bring one lifetime memories. Investing in Fenway Luxury Condos presents similar opportunities where potential homeowners can be part of a vibrant residential neighborhood and enjoy the perks of being surrounded by some of Boston’s best amenities while also seeing excellent return outcomes over time.

. In conclusion, there are many compatible real estate agencies that potential buyers can work with when searching for condos in Boston’s Fenway neighborhood. We’ve highlighted four top options that have distinguished themselves by offering quality services and expertise in the local market. Additionally, investing in Fenway Luxury Condos presents a long-term profit opportunity for investors who have the right tools to navigate it ultimately.

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Boston Fenway Condos for Sale 2023

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Boston Fenway Condos FAQ 2022

What is the average list price for a Boston Fenway condo for sale in 2022?

The average list price for a Boston Fenway condo in 2022 is $574,450.00

What is the average sales price for a Boston Fenway condo is 2022?

The average sales price for a Boston Fenway condo in 2022 is $529,450

What is the average size of a Boston Fenway condo for sale in 2022?

The average size of a Boston Fenway condo for sale in 2022 is 605 sq. ft.

How much does a Boston Fenway condo for sale cost per sq. ft. in 2022?

The average price per sq. ft. for a Boston Fenway condo in 2022 is $958.00

 

How long does it take in 2022 for a Boston Fenway condo to go under contact?

In 2022 it takes 37 days for a Boston Fenway condo for sale to go under agreement

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Boston Fenway Condo Stats

Boston Fenway 2022 FAQ Stats

What is the average list price for a Boston Fenway condo for sale in 2022?

The average list price for a Boston Fenway condo in 2022 is $574,450.00

What is the average sales price for a Boston Fenway condo in 2022?

The average sales price for a Boston Fenway condo in 2022 is $529,450

What is the average size of a Boston Fenway condo for sale in 2022?

The average size of a Boston Fenway condo for sale in 2022 is 605 sq. ft.

What is the average price per sq. ft. for a Boston Fenway condo for sale in 2022?

The average sq ft for a sold Boston Fenway condo was $935.00 per sq. ft. in 2022

How long does it take in 2022 for a Boston Fenway condo to go under contact?

In 2022 it takes 37 days for a Boston Fenway condo for sale to go under agreement

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Fenway condo sales from 1/1/09 – 6/10/09 Number of Fenway condos sold – 52 Avg. Fenway condo sales price – $413,855.00 Median Fenway condo sales price $303,000.00 Avg. number of days on the market – 61

Fenway condo sales from 1/1/08 – 6/10/08 Number of Fenway condos sold – 83 Avg. Fenway condo sales price – $399,538.00 Median Fenway condo sales price $335,000.00 Avg. number of days on the market – 80

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