Seaport District is the hot place to be these days. With stunning views and easy access to transportation networks and the Financial District, this "hottest neighborhood in town" according to Boston Magazine in 2012 features high-profile developments ranging from residential living to retail space. The Seaport's luxury condos are taking the city by storm, offering a refreshing, open-feel option for those not wanting the claustrophobic living quarters of the rest of the city.
With a harborfront neighborhood boasting a close-knit community feel, Seaport luxury condos feature unbeatable views of the skyline, unparalleled access to the city's best dining, and incredible water views from the Harborwalk. Taking the city by storm, these luxury condos are not only the nicest in Boston, they command incredible prices as well. In fact, they've surpassed the Back Bay and Beacon Hill as THE place to live. Now, this stretch of Boston waterfront is commanding the highest condo sale prices of 2016, says Boston.com Real Estate. To put this in perspective, the average Seaport luxury condo sale is $2.3 million compared with Beacon Hill’s $1 million average and the Back Bay’s $1.2 million average.
What does this all that mean? It seems the Seaport area, with its amazing waterfront views and eclectic dining options, represents a new normal in price per square foot. Discriminating professionals, power couples, and even families are realizing that in order to compete in the Boston landscape and enjoy a high quality of life, you have to look and act the part. Seaport's luxury condos are certainly making that possible. The last few years have seen the emergence of posh, waterfront high-rises that are commanding more and more attention not just for the harbor views and open spaces but for their close proximity to the epicenter of Boston's high-finance working class. The Financial District is within walking distance of many condos and T stations.
Another factor that is allowing the Seaport to shine brighter is the fact that other areas are getting dimmer. Seaport luxury condos are far outpacing the demand for condos in the South End and Midtown, where the prices are half those of the Seaport District. Compared with Charlestown and South Boston, Seaport condos are commanding three times the prices. These luxury condos also happen to be pretty close to some great entertainment, iconic attractions, museums, and high-end dining establishments.
The Seaport District is far enough removed from the heart of Boston that it's not as vulnerable to the snarls of traffic that seem to cripple the crux of the city on a daily basis. From the PIER 4 Condos to Twenty Two Liberty and further out, 150 Seaport Boulevard at the current site of Whiskey Priest, these ultra modern luxury condos are attracting professionals young and old who want to make a mark on this town -- and they want to do it in style.
Want to get in on the action? Contact Elevated Realty to experience the up and coming phenomenon that marries the Seaport District and luxury condo living for a once-in-a-lifetime experience.