1475 Massachusetts Ave # 463
Lexington, MA, 02420 $ 560,000
Bedrooms2 Baths1.0 Sq 1,138 Monthly Estimate*
$ 3,868
for $560,000 with 2 bedrooms and 1 full bath. This 1,138 square foot condo was built in 1985.
One of the very few ever available affordable and moderate-income Lexington condominiums puts you in a prime Lexington Center location, one of the area’s most desirable places to live. The owner will consider allowable seller concessions for an interest rate buy-down, closing costs, or prepaids to help make homeownership more affordable. CONVENIENCE: Everything you need is right outside your door. Stroll to Lexington Center for shops, restaurants, the library, the seasonal farmers’ market, and the historic Battle Green. The Lexpress shuttle, stoping directly across the street, takes you to Wilson Farm, Stop & Shop, Market Basket, the Lexington Community Center, Burlington Mall, Arlington Heights, and other local hubs, while two MBTA commuter bus routes also with stops directly across from building link you directly to Alewife Station and the Red Line for an easy ride into Boston and Cambridge. Prefer to stay active? The Minuteman Bikeway and the Across Lexington trail system are close by for biking, walking, and jogging. FEATURES: Ride the elevator up to your top-floor corner unit retreat in one of Lexington’s most iconic schoolhouse conversions. This sun-filled 2-bedroom condo features a spiral staircase to a loft bedroom, an eat-in kitchen, large bath and a glass slider to your private outdoor deck. Move right in and enjoy exceptional value in a well-maintained building with one permanent parking space, with extra spots for a second car or guests always available. On-site laundry and bike storage make daily life easier, and families can look forward to Lexington’s renowned schools with year-round central enrollment. DETAILS: Muzzey High Condominiums, developed by LexHAB offers one of the only affordable path to home ownership in Lexington. To keep affordable LexHab limits both the resale price and buyer household income, increased annually. The resale value grows 5% per year from the most recent sale price and today this would be approximately $600,000 and as of 5/31/2026 income ceilings are high at $339,050 (1 person), $387,901 (2 people), and $402,440 (3 people). These are owner-occupied condominiums with short approved exceptions to the rental prohibition for approved reasons; a residential, not investment condo, good for families, singles, retirees and those who want a residential lifestyle.
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List ByAndrew DixonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $3,868
- Monthly Property Taxes
- $502
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Lexington, MA
Average List Price $1,064,779
Percent of Sale Price 90%
About Lexington, MA 32,303 Population
6% Since 2002
$ 154,318 Median Income
48.67 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
Neighborhood & Schools
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Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2026 | $560,000 | -4.44% | Price Down |
| 6/11/2026 | $586,000 | | Listed Price |