Active

54 Days on market

48 Fayette St Boston — Photo 1 of 35

Recent Drop: $25,000

$3,200,000

$3,175,000

48 Fayette St, Boston, MA 02116

Boston, MA 02116 — Bay Village

Beds

Baths

3.5

SqFt

2,658

Style

Single Family

Built

1890

Exquisite Bay Village single-family, four-level townhouse with 4 beds and 3.5 baths. Just full gut renovated to the studs. Professionally designed with refined, modern finishes throughout. Sun-filled open layout with a chef’s kitchen featuring granite counters and Thermador appliances. Second level offers a serene primary suite with walk-in closet, spa-like bath, in-unit laundry, and bonus room (nursery/office). Top floor includes a bright bedroom with ensuite bath, skylights, and flex lounge/office space. Lower level features 2 spacious bedrooms, full bath, and kitchenette with direct patio access. Private backyard oasis with bluestone patio. Rare, turnkey offering in the heart of Boston.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$1195/sqft

Local Avg (Boston)$612/sqft

95% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Boston, MA.

Financials

Original Price$3,200,000

Annual Taxes--

Parking

Garage1

Off-Street1

Interior Specifications

Total Rooms9

Fireplaces2

FlooringWood, Tile, Hardwood

BasementFull, Finished, Interior Entry

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump, Electric

CoolingCentral Air, Wall Unit(s), Heat Pump

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick

RoofShingle

FoundationConcrete Perimeter, Brick/Mortar

Zoning0

Property & Lot

Acres0.03

SqFt Lot1,334

Lot Features--

Amenities & Appliances

Electric Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Third

Family RoomBedroom 2Bathroom 3

Second

Primary BedroomBathroom 2

First

Living RoomDining RoomKitchen

Basement

Bedroom 3Bedroom 4Bathroom 1

Living Room

Lvl First

Dining Room

Lvl First

Kitchen

Lvl First

Family Room

Lvl Third

Primary Bedroom

Lvl Second

Bedroom 2

Lvl Third

Bedroom 3

Lvl Basement

Bedroom 4

Lvl Basement

Bathroom 1

Lvl Basement

Bathroom 2

Lvl Second

Bathroom 3

Lvl Third

Property History

Price Drop

$3,175,000

Was $3,200,000

Sep 17, 2026

MLS® 73557299

Listed

$3,200,000

Jul 30, 2026

MLS® 73557299

Terminated

$3,200,000

Jul 9, 2026

MLS® 73510711

Listed

$3,200,000

Apr 30, 2026

MLS® 73510711

Population

21,978

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

Median Household Income

$126K

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

Renter-Occupied Homes

65.0%

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

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

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

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,658 sq ft principal dwelling). Lot size: 1,334 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Boston, MA market report ZIP 02116 market data

Listing Provided By

Listing Agent: Marina Papanova

Listing Office: New Neighbors, Inc.

MLS® Number: 73557299