SOLD $720,000 | 509 The Mariner | Waterfront | 1 Bed | 1 Bath | 1 Balcony | 739 Sq. Ft. | Seller & Buyer Representation | Newly Renovated, one plus Bedroom
Boston is not unfamiliar with high priced real estate but for the most part the buyers in the city have been local. The buyers have mainly been professionals working Downtown of wealthy empty-nesters moving-in from the suburbs. With the rapid growth of new construction in Boston there has been a new influx of buyers who do not fit the traditional mold. Many foreign investors are buying up high price condos in Boston where they see room for growth in the real estate market. New York City has always been a hot-spot for foreign investors to buy real estate but now many see Boston as a cheaper alternative with a great up-side. The recently completed Millennium Tower has buyers from all around the globe. In a recent Boston Globe article it was noted that a single buyer from China purchased 16 units in the new ultra-luxury tower. Many foreign buyers are limited in the investments they can make in their home countries and are also nervous about instability. With the great development boom we are going through in Boston we can be sure that the city will remain appealing for International buyers for years to come.
The Boston condo market continues to grow stronger. According to a recent Boston Globe article, condo sales have jumped an astonishing 29% since this time last year and the median sales price has seen a 6% increase. Consumer confidence has been regained in the market place and many buyers are beginning to re-enter the market taking advantage of low interest rates. The Waterfront market alone has shown record setting growth over the past year with a 21% increase in median sales prices and a 4.82% increase in price per square foot. CL Waterfront Properties, LLC president, Carmela Laurella, was quoted in the article saying; “We have more demand than we have property to sell…We can barely list anything without it going under [a purchase agreement] within a couple of weeks.” For questions and inquiries about Boston real estate please contact CL Waterfront Properties, LLC.
Summer is on the horizon and the warm and sunny weather is back!
If you live in the North End or Boston Waterfront neighborhoods, you can use the Mirabella Pool at Harbor’s edge to cool off. If you’re lucky enough to live at Harbor Towers, Lewis Wharf, or Union Wharf, those properties have their own pool for residents and their guests to relax and cool off at. Many neighborhood pools will be open this weekend!
Listed below is some helpful information about the best places to swim in Boston:
Mirabella Pool is an outdoor, public pool located in Puopolo Park in Boston’s North End looking over Boston Harbor. Open to both Boston residents and visitors alike, there is also a shallow spray pool for toddlers and small children. Bathroom facilities are available within the recreational center on-site. Swimming lessons are available for children twice weekly, and are only $5 per lesson, and you can pay as you go!
OPENING DATE: June 23rd
CLOSING DATE: September 5th
PRICING:
You can sign up for a pool pass at the Nazzarro Community Center in the North End (617.635.5166)
POOL SCHEDULE:
Sunday -Saturday: 11am-8pm (before July 31st)
Sunday -Saturday: 11am-7:30pm (July 31st – September 5th)
Lap Swimming: 7am -9:30am daily
ADDRESS:
Puopolo Park / Mirabella Pool / Steriti Memorial Rink
475 R. Commercial Street
Boston, MA 02113
The Harbor Towers are two 40-story luxury condominium buildings located along Boston’s Waterfront. Homes range from one-bedroom to spacious penthouses, many with balconies and amazing views of Boston Harbor and Downtown. The Harbor Towers boast extensive open space at the water’s edge, a marina, and an outdoor swimming pool for residents and their guests!
OPENING/ CLOSING DATE: Seasonal
PRICING: FREE for residents and their guests
ADDRESS:
Harbor Towers
65/85 E India Row
Boston, MA 02110
Lewis Wharf was built in the 1830s as a major shipping warehouse and converted to luxury condominiums in 1973. Lewis Wharf boast a beautiful Harbor-side swimming pool. Bring a friend & enjoy the stunning views!
OPENING DATE: Memorial Day
CLOSING DATE: Labor Day (or a week or two later, depending on the weather)
PRICING: $100 per person with guest
ADDRESS:
Lewis Wharf
28 Atlantic Avenue
Boston, MA 02110
Union Wharf was built in the 1830s as a warehouse for imported shoes and was converted into condominiums in 1979. Residents of Union Wharf and their guests can enjoy the warm weather in this gorgeous seaside swimming pool for free!
OPENING DATE: Memorial Day Weekend
CLOSING DATE: Columbus Day Weekend
PRICING: FREE for residents and their guests
ADDRESS:
Union Wharf
343 Commercial Street
Boston, MA 02109
Since January 1st, CL Waterfront Properties is responsible for the highest number of direct sales in the city of Boston (per MLS). Furthermore, CL Waterfront continues to act as the top listing and selling office along the Waterfront. CL Waterfront Properties is committed to providing its clients with the most professional service in Boston. Because of CL Waterfront Properties’ commitment to our sellers, we often allow the seller to close with a seamless transaction and they keep a little extra money in their pocket too! For more information on Boston’s real estate, contact CL Waterfront Properties today!
Boston, MA
With a bike score of 68, Beantown, MA came in with the fourth-best Walk Score rating, and for good reason. Boston has a huge network of dedicated bike lanes and paths that run all over the former Puritan colony.
Located in a prime, bike-friendly part of the city, this brick and beam condo at the Union Wharf is well suited for pedal-pushers. Adding to the $1.3 million home’s appeal is a private balcony that looks over the harbor, maple flooring, and a spacious master suite.
Read more: Bike, Bike, Bike: Bike Score Homes for National Bike to Work Day (PHOTOS) | REALTOR.com® Blogs
It is that time of year again for good weather, boating and enjoying Boston’s Waterfront. Many of our clients ask for information regarding the neighborhood marinas. Slips are going fast so reserve your boat slip today! – Gianni DePalma
Here are some of our suggested Marinas on Boston’s Waterfront:
Union Wharf Marina
Dan Flaherty – 617.742.1647
Seasonal Dockage (May 1 – Oct 31, 2012)
$150/Foot
Contact Onsite Management Office for Daily/Weekend/Weekly/Monthly Dockage for rates and availability.
Click here to view luxury Union Wharf homes for sale
Lewis Wharf Marina
Raleigh Eastwick – 617.523.2313
Seasonal Dockage (May 1 – Oct 31, 2012)
Completely full now. Marina renters usually have use of the pool and pay the following:
$155/Foot up to 35 Feet
Water and electric are included
Click here to view luxury Lewis Wharf homes for sale
Burroughs Wharf Marina
Jim Richards – 617.523.8188
Contact Jim for more information for sale/for rent
There is an annual charge of $1,000.00 for a deeded slip
Click here to view luxury Burroughs Wharf homes for sale
Rowes Wharf Marina
Kristin McLaughlin – 617.748.5012
One slip will fit a 52’ yacht
The other slips hold boats in 40’ and smaller
$200.00/Foot + electric
Click here to view luxury Rowes Wharf homes for sale
Constellation Wharf Marina
MaryAnn Cummings-617.242.2020
Slips can hold boats 25’-70’
Seasonal Dockage (May 1 – Oct 31, 2012)
$140/ft. includes electricity, water, wifi and access to bathrooms.
Parking is an additional fee
Click here to view luxury Constellation Wharf homes for sale
If you need help finding a Boston Waterfront home, please contact CL Waterfront Properties, LLC and one of our experienced agents will help you find the perfect fit!
The kickoff of the Red Sox season coincides with the arrival of the bustling spring housing market. With interest rates at record lows and motivated sellers in the marketplace, now is the opportune time to buy or sell property. For any questions or information regarding how you can “steal home” this season, contact us.
Scott Accorsini and Christopher Smith
C: 508.259.1442 C: 781.635.0956
Inventory of Boston luxury condos and single family homes is at an all-time low, according to MLSPIN. Low unsold inventory is a key indicator of a stable market, a welcome sign for the city. Our own Waterfront neighborhood proved to be among the strongest in Boston, with a 36% drop in available inventory since the same time last year. Overall, the city’s real estate inventory showed a 17% drop in the same time.
Listings are staying on the market for less time as a result – a 12% drop from last year citywide – and list prices are trending upward, with an aggregate 10% increase since last year. One of the key factors here is a lapse in new construction – during the low point of the recent recession, the proliferation of new residential construction came to a crawl in the heart of town. Now, with demand catching up to supply, new projects to fill the growing need for Boston Waterfront real estate are still a few years from becoming a reality for discriminating buyers.
Whether you are looking to buy or sell a Boston luxury condo, this strong market means that it is more important than ever before to work with an outstanding real estate team. To learn more about these market trends, get a professional evaluation of your property, or tour the finest available Boston luxury apartments, contact the real estate leaders at CL Waterfront Properties today.
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