Back Bay condos for sale $1M – $1.3M
Boston Luxury Condos for Sale and Rent
Back Bay condos $1M – $1.3M
Ford Realty Inc., Boston Real Estate for Sale
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Updated: Boston Real Estate 2021 – 2023
Back Bay condos for sale $1m – $1.3m
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Luxury Back Bay Condos for Sale – Prices from $1M to $1.3M
Imagine stepping into a world of unparalleled luxury, where every detail is immaculately designed to offer the epitome of opulence and comfort. Envision living in the heart of one of Boston’s most prestigious neighborhoods, savoring sweeping city views from your private terrace after a long day at work. This dream can finally become your reality, as we introduce you to an exquisite collection of Back Bay condos for sale, with price tags ranging from $1 million to $1.3 million. In this exclusive marketplace, prepare to be swept off your feet by breathtaking properties that seamlessly blend historical charm with modern-day amenities, and create the haven you’ve always yearned for.
The Back Bay area is known for its luxurious real estate offerings, and it is possible to purchase a stunning condo priced between $1 million and $1.3 million. Many of these properties offer breathtaking views, updated amenities such as granite counter-tops, high ceilings, doorman services, and parking facilities. It’s important that you seek the assistance of a reputable agent who is well-versed with the local market to help guide you through the buying process and help you find the perfect property within your budget.
Luxury Back Bay Condos for Sale
When it comes to living in the heart of Boston, Back Bay is one of the most sought-after locations. The neighborhood is known for its historic charm, posh boutiques, restaurants, and luxury real estate. With prices ranging from $1M to $1.3M, you can find an array of high-end options for luxury condos within the area.
The buildings themselves are often historic, featuring classic architecture with a modern twist. Residents will have the opportunity to enjoy stunning skyline views of Boston while also receiving top-notch amenities such as exercise rooms, 24-hour concierge services, and garage parking.
One such building is 360 Newbury Street, which offers loft-style condos with open floor plans and exposed brick walls. The building’s location is particularly attractive due to its proximity to the city’s best shopping and dining options in the area.
When investing in a luxury Back Bay condo, you’re not just buying a living space but rather a lifestyle that caters to your every need. This makes these properties perfect for families or individuals who value comfortable living with added convenience.
It’s like owning a piece of history with all of its grandeur brought back to life to provide exclusive living opportunities with only the very best features and modern upgrades available today.
Moreover, this type of investment offers more than just impeccable residences in prime locations but also incredible resale value based on current market trends.
Let’s now take a look at the top three condos within the area and why they make great investments.
- Back Bay in Boston is a highly desirable location known for its historic charm, posh boutiques, restaurants, and luxurious real estate. Condos in the area range from $1M to $1.3M and offer an array of high-end options with top-notch amenities. The buildings themselves are often historic, featuring classic architecture with modern upgrades. Investing in a luxury Back Bay condo provides more than just a living space, it provides a lifestyle that caters to your every need. These properties offer incredible resale value and owning a piece of history with all of its grandeur brought back to life provides exclusive living opportunities. The top three condos within the area are located at 360 Newbury Street, which offers loft-style condos with open floor plans and exposed brick walls, Carlton House, which offers luxurious living spaces with breathtaking views of The Charles River, and Trinity Place, which offers stunning skyline views of Boston and high-end amenities such as a fitness center and concierge services.
Top 3 Condos within the
If you’re looking for luxury condos in Back Bay, you’ve come to the right place. After thorough research and analysis, we’ve narrowed down the top three condos within the $1M – $1.3M range:
The first on this list is a stunning two-bedroom unit with a view of the Charles River from the spacious living room. With floor-to-ceiling windows, hardwood floors, and an open concept design, this condo exudes sophistication and elegance. The master bedroom has an en-suite bathroom with a walk-in shower and a soaking tub. The building offers its residents access to premier amenities such as a fitness center, concierge service, and secured indoor parking.
The second condo on our list is a bright and modern unit featuring high-end finishes and appliances. This two-bedroom unit boasts sleek white cabinetry, quartz countertops, and stainless steel appliances in the kitchen. Large windows throughout provide plenty of natural light, while the well-designed layout accommodates comfortable living spaces. You’ll also have access to additional storage space and a common rooftop terrace.
Last but not least on our list is a charming duplex with one bedroom plus a den that can be used as a second bedroom or home office. The unit features classic features like exposed brick walls and beams juxtaposed with modern renovations like an updated kitchen and bathroom. Dual skylights offer lots of natural light in the main living area which opens up to a private patio surrounded by lush greenery – perfect for relaxing after work or enjoying your morning coffee.
Now that we’ve highlighted some of the best available condos within this price range let’s explore what makes Back Bay such an attractive location to live in.
- According to the National Association of REALTORS®, in 2022, the median sales price for a condo located in major metropolitan areas was approximately $318,300. This means that potential buyers looking specifically for Back Bay condos within a $1 million to $1.3 million budget are seeking properties in the luxury market segment.
- In 2022, Zillow reported that home values in Boston’s historic Back Bay neighborhood have increased by an average of 4.7% over the past year, suggesting an upward trend in property value and demand for condos within this area.
- A 2021 Boston real estate market report stated that the average price per square foot in the Back Bay neighborhood was around $1,227, which indicates that potential buyers looking for condos ranging between $1M – $1.3M could expect to find units with approximately 800 to 1,000 square feet of living space.
Top 3 Condos within the
1. Four Seasons Private Residences One Dalton Street
This prestigious development located in Boston’s Back Bay was completed in 2019 and is now home to some of the city’s most luxurious condos. Each residence is expertly designed with attention to detail and utmost convenience. The building’s world-class facilities range from a private spa, fitness center, indoor pool, 24/7 concierge service, and valet parking.
For instance, imagine enjoying the panoramic views of the city skyline while taking advantage of the smart technology features within your condo. Through an app on your phone, you can control the thermostat and lighting from wherever you are. Moreover, residents are granted access to unique amenities such as a golf simulator room, a pet grooming station, and a kid’s playroom to accommodate all ages within the living space.
2. Trinity Place
Trinity Place offers exceptional living standards with luxury amenities in one of Boston’s most iconic high-rise buildings. This sought-after development features numerous floor plans designed to accommodate various different lifestyles. From studios to three-bedroom residences, each unit has been carefully crafted with premium materials and finishes that emphasize comfort and practicality.
Over 16 stories tall, this iconic structure has stood for over one hundred years, capturing the essence and spirit of Boston’s history while also providing modern-day features such as garage parking facilities and climate-controlled temperature systems controlled remotely via a mobile app.
3. Mandarin Oriental Residences
Mandarin Oriental Residences are located at the heart of Back Bay on Boylston Street offering unmatched style and sophistication tailored for comfortable living in one of Boston’s safest neighborhoods. The prestigious development features world-class amenities such as 24-hour five-star hotel services catering to every need of its residents.
Imagine enjoying an evening by the fireplace whilst drinking champagne from a wet bar or relaxing in an oversized soaking tub in your marble-floored bathroom – these are just some of the luxurious experiences offered in this exclusive location.
Over time owning condos within developments like these have proven themselves to be smart investments with impressive ROI based on their long-term resale potential. Their location, amenities, and exclusivity are the promise of expertly crafted living spaces that cater to refined tastes complemented with prime convenience.
Location Highlights in Back Bay
Back Bay is often compared to Manhattan’s Upper East Side, with its classic Victorian brownstone architecture and upscale retail district along Newbury Street. This affluent neighborhood offers residents plenty of high-end dining options, art galleries, luxury spas, and designer shopping. It’s also home to the famous Boston Public Library and Copley Square – ideal community gathering spaces with historic significance and events year-round.
If you’re looking for greenery, you’ll be pleasantly surprised to find a plethora of parks and gardens sprinkled throughout Back Bay. The Boston Public Garden provides Instagram-worthy opportunities at every corner from their picturesque swan boats to the stunning floral arrangements during the warmer months. Additionally, the Charles River Esplanade offers an extensive trail system perfect for morning runs, afternoon strolls or even kayaking.
While luxury condominiums may seem like a hefty investment, they tend to hold their value more than other types of real estate properties in the area. Being part of this coveted neighborhood means access to some of the highest-rated schools, museums, hospitals and premier employment opportunities in Boston. Furthermore, with ongoing development plans such as the renovation of the Prudential Center and new apartments adding to Back Bay – this neighborhood has set itself apart as one of Boston’s most in-demand locations.
With so much that Back Bay neighbourhood has to offer it’s no surprise that these exclusive condos within our chosen price range are located here. Whether you’re looking for neighborhood amenities like fine dining restaurants or beautiful open spaces like parklands, Back Bay has it all.
Proximity to Local Attractions and Amenities
When shopping for a Back Bay condo, location is one of the most important factors to consider. Back Bay has a reputation for being a highly desirable neighborhood due to its proximity to some of Boston’s key attractions and amenities.
For one, residents of Back Bay condos can enjoy easy access to Newbury Street – a hub for high-end shops, restaurants, and art galleries. From charming bookstores to luxury clothing boutiques, Newbury Street is the perfect place for a leisurely afternoon stroll or an all-day shopping excursion.
Back Bay is also home to some of the city’s best cultural institutions. The Museum of Fine Arts and the Boston Symphony Orchestra are two world-renowned establishments that offer an endless stream of exhibits, concerts, and performances.
Aside from cultural attractions, Back Bay residents are also near some of Boston’s finest green spaces. The Charles River Esplanade, just west of Back Bay across Storrow Drive, offers a scenic walkway along the river with stunning views of Cambridge on the opposite bank. In addition, the Public Garden–only a few blocks away in Beacon Hill–is another nearby green space that guarantees beautiful flower beds during each season.
But it’s not just about having fun – Back Bay’s proximity to vital daily amenities makes it an invaluable location to call home. Fresh and whole foods can be found at one of two large supermarkets located just off Massachusetts Ave near Boylston Station: Trader Joe’s and Whole Foods Market respectively. Multiple pharmacies surround Copley Square within 2-3 blocks including CVS Pharmacy on Clarendon St.
Hospital care isn’t far too while Living in Back Bay either- Beth Israel Deaconess Medical Center and Massachusetts General Hospital are both located nearby.
If you’re an avid runner or workout enthusiast, then you’ll appreciate the close proximity your Back Bay Condo offers to the Boston Sports Club (BSC) located on Boylston Street which features a full range of workout and fitness facilities.
One point worth mentioning is the issue of parking. As with most major cities, finding parking in Back Bay can be difficult at times. Many residents rely on street parking or rent their own spaces. However, it’s important to keep in mind that even though this may seem like an inconvenience at first, there are still plenty of benefits that come with living in such a prime location.
Living in Back Bay is like living in the heart of everything that Boston has to offer. It’s like choosing a seat in the VIP section of an event or concert- you’re not only in the thick of all the action, but you’re also up close and personal with it.
Now that we’ve covered Back Bay’s proximity to local attractions and amenities let’s take a closer look at what features and amenities one can expect when purchasing a Back Bay condo.
Features and Amenities to Expect
When purchasing a luxury condo in Back Bay, prospective buyers should have certain basic expectations regarding features and amenities.
Firstly, many condos feature top-quality kitchens with high-end appliances included. Standard appliances include electric cooktops, fridge -freezers, dishwashers, convection ovens/microwaves, wine fridges etc.
Next up is storage space; buyers expect enough closets for their clothes as well as extra storage for their luggage and other larger items. Some buildings also include extra storage units like personal lockers or cage spaces assigned within their covered garages.
Buyers looking for luxurious facilities will enjoy options such as the exclusive rooftop terrace offered by “Trinity Place residences” – home to breathtaking views of Trinity Church across the street while soaking in amenities like private cabanas, bar service/ lounge area by their outdoor pool.
Other features to expect in a luxury Back Bay condo include stylishly designed bathrooms, and upscale finishes like marble countertops, state-of-the-art audio/visual systems and high-speed internet connectivity. These amenities may seem trivial, but they truly add an extra layer of comfort and convenience.
Despite some common features shared across the industry, it’s essential for buyers to note that individual condos or even buildings can still have unique selling propositions. One’s use-case ought to be kept in mind when making purchase decisions; are you looking for a more communal experience with shared amenities like clubrooms or fitness centers? Do you need a pet-friendly building as well? Ultimately the decision depends on how one is scripted to envision the life one leads just after buying a condo in Back Bay.
Imagine living within walking distance from all of Boston’s top attractions while enjoying the luxury of a 5-star hotel room; however, this “hotel” is your home, and it offers all the trappings of modern luxury living.
After exploring proximity to local attractions and what features one can expect from these premium Back Bay condos, let’s dive into evaluating such investments.
Premier Building Facilities and Services
When it comes to luxury Back Bay condos, the quality of the building facilities and services can make all the difference in your daily living experience. In addition to top-notch building materials and a prime location, premier facilities and services include amenities that go above and beyond in providing residents with a comfortable and convenient lifestyle.
One example of such amenities is 24/7 concierge service. This feature gives residents peace of mind knowing that there is always someone available to answer their questions or address any concerns they may have about their living environment. It is worth noting that not all Back Bay condos for sale offer this type of service, so it is a significant factor to consider when evaluating different properties.
Another essential facility for Back Bay condos is access to fitness centers and other wellness facilities. Here in Back Bay, you can expect high-end fitness centers equipped with state-of-the-art equipment, swimming pools, yoga studios, and even private trainers. Access to these types of wellness facilities provide residents with the convenience and comfort they need to maintain an active and healthy lifestyle.
In addition to these physical amenities, some buildings also offer additional services aimed at making life easier for their residents. One example is package delivery support. With online shopping exploding in recent years, package delivery has become a common issue for many homeowners. The best Back Bay condos for sale provide secure storage areas, monitoring systems, and professional management teams that help ensure timely package delivery without fail.
For instance, one upscale Back Bay condo building provides “valet dry cleaning” services – where residents can hand over their dry cleaning requests directly to the front desk concierge team ready for pickup when ready.
Now that we have examined some of the premier building facilities and services available in luxury Back Bay condos let’s dive into another critical aspect – evaluating Back Bay condos as an investment.
Evaluating Back Bay Condos as an Investment
Luxury condos in Back Bay present a significant investment opportunity for those who want to live in the city while building their personal wealth. When evaluating Back Bay condos as an investment, it is essential to consider several factors.
One such factor is market trends. Evaluating market trends provides investors with insights into the future value of their investment. By tracking key economic indicators, including interest rates and population growth, you can gain an understanding of what to expect from the market in the years ahead.
Another crucial factor when assessing condo investments is rental income potential. Ideally, a luxury Back Bay condo will have strong demand among renters for both short term and long term leases, delivering an attractive return on investment (ROI). Several factors impact rental income potential, including location within affluent neighborhoods close to prime attractions, transit accessibility and proximity to amenities in the area.
Due to Boston being one of the top education hubs in the US, Back Bay condos are a major attraction for students pursuing higher education at leading Universities such as Harvard and MIT also business professionals seeking convenience in commuting plus high quality living combined.
Nonetheless, factors such as rent stability and appreciation must be weighed against property taxes involved with investing in a condominium unit.
Investing in a luxury Back Bay condo is like hiring a sturdy bodyguard- providing protection while also raising your profile. As your wise decisions attract more favorable outcomes for you, over time so does increasing demand raise value that leads to solid returns on investment that make these condos among the most stunning and valuable assets Boston has ever had.
Market Trends and Potential ROI
Investing in a luxury Back Bay condo is not only a place to call home, but it’s also a wise financial decision. The real estate market in Boston is thriving, and the Back Bay area is one of the most desirable neighborhoods in the city. Over the past decade, the number of condos sold in Back Bay has increased by over 40%, with prices steadily rising year after year.
For instance, let’s take a look at one of the top luxury condos for sale in Back Bay – One Dalton. This prestigious tower features 180 luxury residences and penthouses that boast high-end finishes, intelligent design, and unparalleled views of the city. In 2020, One Dalton had a total of 16 sales, with an average price per square foot of $2,709. Fast forward to Q2 2021, there have been nine sales so far at an average price per square foot of $3,101 – an increase of approximately 14%.
There are many reasons why investing in a Back Bay condo can yield a high return on investment (ROI). Firstly, the location itself is highly desirable due to its proximity to downtown Boston and major highways. Secondly, luxury amenities such as concierge services, fitness centers, and private parking add significant value to any property within Back Bay. Thirdly, condos are often priced lower than single-family homes in the same area but offer similar levels of convenience and comfort.
Of course, some may argue that investing in real estate is risky due to factors such as economic downturns or fluctuations within the housing market. While there may be some truth to this argument, it’s important to consider historical trends. The US housing market has consistently shown resilience even during periods of financial instability. Additionally, purchasing a property within Back Bay ensures that you’re investing in a prime location with high demand.
Consider investing in a Back Bay condo like purchasing a valuable piece of artwork. It’s an investment that you can admire and enjoy every day, while also potentially reaping significant financial benefits over time. Just like art, the value of a Back Bay condo is likely to appreciate over time due to its limited supply and high demand.
The current real estate market in Boston is favorable for investors looking to purchase luxury condos within Back Bay. In 2021, there has been a surge in buyer demand due to record low-interest rates, remote work opportunities, and lifestyle changes brought on by the pandemic. As a result, many buyers are actively seeking out properties within the city’s most desirable neighborhoods, including Back Bay.
In conclusion, investing in a luxury condo within Back Bay is an excellent choice for those who want to enjoy top-of-the-line amenities while also making a wise financial investment. As demonstrated by market trends and potential ROI, purchasing a property within this neighborhood offers both short-term and long-term benefits. With so many exceptional options available for sale, now is an ideal time to take advantage of what this vibrant community has to offer.
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John Ford, Broker
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Janet Lamb, Vice President
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Ford Realty
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Boston, MA 02114
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