Active
181 Days on market
249 Commonwealth Ave Boston — Photo 1 of 8

249 Commonwealth Ave Boston — Photo 1 of 8

Recent Drop: $755,000

$10,750,000
$9,995,000

$9,995,000

249 Commonwealth Ave, Boston, MA 02116

Boston, MA 02116 — Back Bay

Beds

--

Baths

--

SqFt

9,140

Style

5-9 Family

Built

1900

249 Commonwealth Avenue represents a rare opportunity to acquire a classic Back Bay brownstone overlooking the iconic Commonwealth Avenue Mall on the sunny side. Situated on one of Boston’s most prestigious residential boulevards. The property’s location between Fairfield Street and Gloucester Street places it at the center of Back Bay’s most desirable residential corridor—just steps from Newbury Street, the Charles River Esplanade, Copley Square, and the Prudential Center. the property benefits from extraordinary walkability to shops/dining/transportation and architectural character. This historic property offers investors or developers the opportunity to own a trophy asset within one of the most supply-constrained residential markets in the United States. With continued demand from professionals, students, and pied-à-terre buyers, the building provides both stable income potential and long-term capital appreciation.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$1094/sqft
Local Avg (Boston)$549/sqft
99% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$10,750,000
Annual Taxes$34,022.8

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningA

Property & Lot

Acres0.08
SqFt Lot3,486
Lot Features--

Geography

Property History

Price Drop
$9,995,000

Was $10,350,000

Jul 29, 2026

MLS® 73489290

Price Drop
$10,350,000

Was $10,750,000

May 26, 2026

MLS® 73489290

Listed
$10,750,000

Mar 19, 2026

MLS® 73489290

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)

Listing Provided By

Listing Agent: Michael Carucci

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73489290

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