Active
92 Days on market
1475 Massachusetts Ave #463 Lexington — Photo 1 of 42

1475 Massachusetts Ave #463 Lexington — Photo 1 of 42

$590,000

1475 Massachusetts Ave #463, Lexington, MA 02420

Lexington, MA 02420

Beds

2

Baths

1

SqFt

1,138

Style

Condominium

Built

1985

LIMITED TIME OFFER: Seller Concession available on this Moderate Income Unit for allowable costs such as an interest rate buy-down, closing costs, or prepaids. CONVENIENCE: This prime location is just steps from Lexington Center, with its shops, restaurants, library, seasonal farmers’ market, and historic Battle Green. Getting around is easy thanks to the Lexpress shuttle with stops at or near Wilson Farm, Stop & Shop, Market Basket, Lexington Community Center, Burlington Mall, Arlington Heights, and other local hubs. Two MBTA bus routes, with stops conveniently located near the front of the building, go to Alewife Station on the Red Line for a seamless commute to Boston and Cambridge. The Minuteman Bikeway is close by for cycling, walking, or jogging, as well as access to the Across Lexington trail system. FEATURES: Take the elevator from the main entry for easy access to your top-floor retreat and step into this sun-filled 2-bedroom condo in one of Lexington's iconic schoolhouse conversions featuring a spiral staircase to a loft bedroom, an eat-in kitchen, and a glass slider that opens to a private deck. Families will also appreciate access to Lexington's renowned schools with year-round central enrollment. This turnkey home offers an exceptional value with a moderate $418 per month HOA fee in a solid, well-maintained building and one permanent parking space. Plenty of additional parking for a second car or guests has always been available. An on-site laundry room and bike storage add further convenience. PROGRAM DETAILS: Muzzey High Condominiums was developed by LexHAB and is administered by Regional Housing Service Office. RHSO limits the resale amount and buyer income ceilings. Resale value increases 5% annually based on the most recent sale price and closing date. The maximum resale value for 9/15/2026 is approximately $590,00. Household income ceilings increase annually, on 5/31/2026 they were $339,050 for one person, $387,901 for two people, and $402,440 for three people. The unit cannot be used as an investment property.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$518/sqft
Local Avg (Lexington)$554/sqft
6% BelowMarket Average

* Analysis is based on 14 actively listed and recently sold comparable properties strictly within Lexington, MA.

Property Details

Financials

Original Price$586,000
Annual Taxes$6,020
HOA Fee$417.9

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingHeat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRS

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2
First
Living RoomKitchenMaster Bedroom
Living Room
Lvl First

15 x 14

Vaulted Ceiling(s), Exterior Access, Slider

Kitchen
Lvl First

23 x 11

Skylight, Dining Area, Stainless Steel Appliances

Master Bedroom
Lvl First

14 x 11

Skylight, Closet - Double

Bedroom 2
Lvl Second

17 x 12

Property History

Price Increase
$590,000

Was $586,000

Sep 4, 2026

MLS® 73534693

Listed
$586,000

Jun 11, 2026

MLS® 73534693

Population

16,215

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$245K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

14.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Andrew Dixon

Listing Office: MA Properties

MLS® Number: 73534693

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