
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
* Analysis is based on 13 actively listed and recently sold comparable properties strictly within Lexington, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 14
Vaulted Ceiling(s), Exterior Access, Slider
Kitchen
Lvl First23 x 11
Skylight, Dining Area, Stainless Steel Appliances
Master Bedroom
Lvl First14 x 11
Skylight, Closet - Double
Bedroom 2
Lvl Second17 x 12
Property History
$590,000
Was $586,000
Sep 4, 2026
MLS® 73534693
$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 Agent: Andrew Dixon
Listing Office: MA Properties
MLS® Number: 73534693
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