New Boston Condos $400k for Sale in 2024

Boston Condos for Sale and Apartments for Rent

New Boston Condos $400k for Sale in 2024

View Boston condos for sale priced $400,000 to $500,000

View Boston condos for sale starting at $400,000. Our listings are updated for 2022 season.

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Luxury Boston Condos for Sale: $400,000 – $499,999

Are you ready to experience unparalleled urban living without breaking the bank? Imagine stepping into your new luxury Boston condo, with stunning skyline views and world-class amenities for a price that defies expectations. Get ready to be swept off your feet as we reveal the hidden gems of sophisticated living in the $400,000 – $499,999 price range, all within the heart of America’s beloved historic city, Boston. Your dream home awaits!

Our website offers a variety of Boston condos for sale within the price range of $400,000 – $499,999. These properties are located in neighborhoods such as Back Bay, Beacon Hill, Downtown Boston, Midtown, Seaport, and Waterfront and may vary in size, amenities offered and monthly maintenance fee. We recommend browsing through our listings to find the perfect condo that fits your budget and preferences.

Luxury Boston Condos for Sale:

Boston is a city that has become synonymous with luxury and elegance, which is reflected in its real estate market. The good news is, one doesn’t necessarily need to break the bank to own a luxurious home in Boston. While the average sales price of a downtown Boston condo may be $1,385,000, there are luxury condos available in Back Bay, Beacon Hill, Downtown Boston, Midtown, Seaport, and Waterfront neighborhoods for $400,000 – $499,999.

These luxury condos offer top-notch amenities such as 24-hour concierge service, fitness centers, swimming pools, upscale finishes such as granite countertops and stainless steel appliances, and in-unit laundry facilities. Some are even located in historic buildings that have been converted into modern living spaces offering the best of both worlds.

One example of a stunning luxury condo is the Echelon Seaport. The 733 luxury homes with ceiling heights up to nine feet offer breathtaking views of the harbor and city skyline. Additionally, the meticulously designed kitchens feature high-end finishes including custom Italian cabinetry with integrated appliances. There’s a private clubroom exclusively for residents complete with an outdoor terrace overlooking the harbor where residents can relax and unwind while enjoying stunning views.

For those who prefer timeless elegance combined with modern luxuries at an affordable price point will appreciate One Franklin Tower. This complex offers 365 units across 26 floors all equipped with Bosch stainless steel appliances and Nest thermostats. The highlight of this property is its location in the heart of the vibrant Seaport district within easy walking distance to restaurants, shopping venues and cultural events.

When it comes to luxury Boston condos under $500k- affordability doesn’t have to mean sacrificing on space or style. In fact many of these homes span between 700-1000 square feet so there’s plenty of room to spread out.

One notable example is the Residences at Forest Hills Station which are set in a brand-new complex offering 16 stories of stunning waterfront views. These condos feature elegant finishes including custom Italian cabinetry, top-of-the-line appliances and smart home technology that can be customized to your preferences.

Another proof that luxury Boston condos are attainable for under $500k lies in the Folio building located in Downtown Crossing. The luxurious high-rise spans 14 floors with 96 units with professionally designed interiors featuring core amenities such as concierge, management, and parking all while being steps away from Faneuil Hall and train lines.

While some might argue that finding luxury Boston condos under $500k may seem like an impossible task, with careful consideration of the neighborhood, size, and fees associated with each property there are many hidden gems to be found.

It’s just like searching for a needle in a haystack. The needle represents the luxurious condos under $500k – they’re hard to find but once you know where to look and what you’re searching for, they’re often well worth the effort.

Previewing Featured Condos

If you’re looking for inspiration for your own search for a luxury Boston condo under $500k, here are some featured properties to get you started:

Starting with Beacon Hill- charming is the word that comes to mind when viewing these historic neighborhoods. With its red brick sidewalks, gas lamps lining the streets and iconic Federal style architecture it’s easy to see why real estate doesn’t come cheap here. But even here one can find affordable living space such as renovated one bedroom 578 sqft condos featuring updated bathrooms, flooring and kitchens.

In Back Bay amazing beauty meets modern luxury as tall gray-stone mansions line streets filled with shopping boutiques and restaurants catering fine dining experiences. In this neighborhood resides Fenway Triangle Trilogy featuring spacious 643 sqft studios with floor to ceiling windows overlooking incredible Back Bay skyline to give residents a true taste of luxury.

The Seaport District offers a blend of industrial and futuristic architecture as well as popular restaurants and shopping. The heart of the district is where the Echelon Seaport is located, their three iconic towers present a view of Boston like no other. A 947 sqft one bedroom starts at $485k in this property.

Now that we’ve explored some featured condos under $500k in various neighborhoods, let’s take a closer look at what factors you should consider when selecting your own Boston condo.

In 2023, there are luxury Boston condos available within the price range of $400,000 – $499,999.
The average sales price for a downtown Boston condo is $1,385,000; however, lower-priced options can be found in neighborhoods such as Back Bay, Beacon Hill, Downtown Boston, Midtown, Seaport, and Waterfront.
The average size of a Boston condo ranges from 1,200 to 1,500 square feet due to high land costs and limited space for new construction.

Neighborhoods with Condos in this Price Range

Boston is a city of many neighborhoods, each with their own unique charm and character. For those looking for luxury condos in the $400,000 to $499,999 price range, there are several popular neighborhoods to consider.

One such neighborhood is East Boston, where you can find waterfront condos with stunning views of the city skyline. With easy access to public transportation and Logan International Airport, it’s a great location for those who travel frequently or work in the Financial District.

Another popular neighborhood for luxury condos within this price range is South Boston. This area has seen significant development in recent years, with new construction buildings offering everything from rooftop terraces to fitness centers. Plus, Southie (as it’s affectionately known) has plenty of bars and restaurants within walking distance.

Dorchester is another option worth considering. This diverse neighborhood is home to some of Boston’s best Latin American cuisine and hosts several cultural events throughout the year. And with median prices for condos hovering around just $340,000 in 2023 (source: Zillow), there are still bargains to be found.

If you’re looking for something more historic, Beacon Hill might be your top pick. This upscale neighborhood features brick homes and cobblestone streets – a stark contrast from much of the rest of the city. Though the average sales price hovers around $2 million (source: MLS), there are still some stunning luxury condos available within this price range.

When deciding on a neighborhood in which to purchase a condo, it’s important to consider factors beyond price alone. Do you want to be close to shopping and entertainment options? Are schools an important consideration? Do you prefer a quiet residential area or something more lively? These are all questions worth asking before making a decision.

For example, let’s say you’re a young professional looking for easy access to trendy bars and restaurants. In that case, South Boston might be the perfect fit. Or perhaps you’re a retiree looking for peace and quiet – in that case, Dorchester’s suburban feel might be more appealing.

Ultimately, the neighborhood you choose will depend on your individual preferences and lifestyle factors.

Back Bay, Seaport, and Beacon Hill

Of all the neighborhoods in Boston, three stand out as particularly desirable for luxury condo buyers: Back Bay, Seaport, and Beacon Hill.

Back Bay is known for its upscale shopping and dining options along Newbury Street, as well as proximity to cultural institutions like the Boston Public Library and Symphony Hall. Many of the condos within this price range are located in former Victorian homes that have been converted into multi-unit buildings, meaning that each unit comes with plenty of charm.

Seaport, on the other hand, is one of Boston’s fastest-growing neighborhoods. Formerly an industrial area filled with warehouses, it’s now home to some of the city’s newest and most sought-after luxury developments. From Echelon Seaport to Pier 4 to Waterside Place, there are plenty of options for those looking to score a great deal on a luxury condo.

Finally, there’s Beacon Hill. As mentioned earlier, this historic neighborhood has some stunning luxury condos available within our price range – but they won’t last long! With limited inventory in such a desirable location (the State House is just steps away), it’s important to act fast if you see something you love.

Of these three neighborhoods, Seaport has seen the most growth in recent years. In fact, according to a recent report by Boston Curbed (source: https://boston.curbed.com/2019/1/29/18201145/boston-real-estate-market-report-2018), prices in Seaport rose by 15 percent in 2018 alone. This is likely due in part to the influx of new businesses and tech companies into the area, which has made it a popular destination for young professionals.

That said, Back Bay and Beacon Hill both offer their own unique advantages. For those looking for something more historic and charming, Beacon Hill is hard to beat. And Back Bay continues to be one of Boston’s most sought-after neighborhoods – despite its high prices – thanks to its prime location and plentiful amenities.

Of course, with any neighborhood, there are pros and cons to consider. Seaport may be growing quickly, but it’s also home to some of Boston’s most expensive luxury developments – meaning that while you may get more square footage for your money compared to other neighborhoods, you’ll still have to pay a premium relative to other areas. And while Beacon Hill is undoubtedly beautiful, its narrow streets can make for challenging driving conditions.

Ultimately, it’s up to each buyer to weigh the tradeoffs and determine which neighborhood is right for them.

Key Factors to Consider in Condo Selection

Buying a condo is a serious investment that requires careful consideration of various factors. Here are some of the key factors you should keep in mind when selecting a luxury condo:

Location: The location of your condo is crucial because it can impact your daily life significantly. Consider factors like transportation options, proximity to important amenities such as schools, supermarkets, hospitals, and recreational facilities.

Building Amenities: Condos offer many conveniences and amenities that aren’t available in traditional homes. These can include everything from gyms, swimming pools, rooftop decks, pet-friendly policies, and 24-hour concierge service. Although buying a condo with more amenities can drive up the costs, they will likely improve your quality of life.

Association Fees: Each condo building has an association that charges fees for maintenance and upkeep. This fee range varies widely depending on the amenities and services provided by each building. Make sure you fully understand what is included in this fee before making a purchase since it will affect your monthly budget.

Security: Another important factor to keep in mind is security. Check out the building’s security features like entry gate systems or security cameras. You should also check the overall safety record of the neighborhood where the building is located.

Resale Value: Even if you’re planning to stay in your new luxury building long-term, it’s essential to consider resale value. By purchasing a condo with excellent resale potential, you’ll likely see better returns on your investment if you decide to sell later down the line.

Pets Policy: If you’re an animal lover or have pets at home, it’s essential to choose a pet-friendly condo building with appropriate policies around pet ownership.

Size, Maintenance Fees, and Amenities

Once you’ve narrowed down your location choices and decided on a few luxury condo buildings you’re interested in, it’s crucial to pay attention to size, maintenance fees, and amenities.

Size: Condos typically come in smaller sizes than traditional homes. Therefore, when considering purchasing a condo, ensure that it has enough living space. Some buyers prefer a more modest floor plan to decrease their monthly payments, while others look for extra space big enough for the whole family.

Maintenance Fees: Buyers often overlook ongoing expenses such as maintenance fees. These fees cover everything from property maintenance, landscaping, cleaning services to building repairs. As much as you might want to avoid paying higher fees by choosing a less luxurious building, you’ll likely miss out on essential benefits that come with the higher price range.

Amenities: A key selling point of luxury condos is their perks and amenities. You should weigh whether you need these extras or not since they can be costly. Still, they will improve your quality of life significantly.

Service providers: The condo ownership experience may also depend on the service providers in the building. Consider essentials like housekeeping or neighborhood trash removal services when making your purchase decision.

Balconies and Views: Having a private balcony with breathtaking views is an excellent way to take advantage of your luxury Boston condo investment fully.

Boston Real Estate Market Trends and Insights

Before making an offer on your dream luxury Boston condo, it’s crucial to have an understanding of how the real estate market in Boston is shaping up right now.

Although prices are generally high within this particular price range ($400k – $499k), there are still many available condos for sale in some of Boston’s most exclusive neighborhoods such as Back Bay, Seaport, and Beacon Hill.

The best course of action is to keep an eye on the market trends and hire a reliable real estate agent who can help you make informed purchasing decisions. With careful consideration and attention to detail, you can quickly snag your dream luxury condo in Boston’s vibrant surroundings.