Gateway Terrace 40 Fay St, Boston, MA 02118
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$819,000
1 Bed
1 Bath
886 SQFT
0.02 Acre
$727 HOA

Property Description

Bathed in natural light from two full walls of oversized windows, this coveted corner home with green tree-top views offers a rare blend of privacy & tranquility in the heart of the city. Presently configured as one wide-open nearly 900 sq ft loft space can easily be divided into distinct living, dining, and bedroom areas – including a natural placement for a spacious bedroom that can accommodate a king sized bed. A granite island kitchen with stainless appliances and bar seating invites effortless entertaining. Modern comforts abound with in-unit laundry, central air, and a dedicated on-site garage parking space. Gateway Terrace’s professionally landscaped common courtyard with lounge seating and a gas grill is perfect for relaxing and enjoying the outdoors. Located in the heart of the vibrant South End, moments from Whole Foods, SOWA markets, top restaurants, fitness studios, transit and Peter’s Park. A versatile retreat in one of Boston's most dynamic neighborhoods!

Property Details tap to expand

Amenities

  • Amenities: Highway Access, Park, Public School, Public Transportation, Shopping, Tennis Court
  • Association Fee Includes: Elevator, Exterior Maintenance, Gas, Heat, Hot Water, Landscaping, Master Insurance, Refuse Removal, Reserve Funds, Security, Sewer, Snow Removal, Water

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 1

Other Rooms

  • Total Rooms: 2

Utilities

  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 886
  • Unit Building: 302
  • Unit Level: 3
  • Unit Placement: Upper
  • Floors: 1
  • Pets Allowed: No
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Gateway Terrace
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 139
  • Number of Units Owner Occupied: 85
  • Owner Occupied Data Source: Management
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $727
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 2006
  • Style: Mid-Rise, Other (See Remarks), Split Entry
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Deeded, Under
  • Garage Spaces: 1
  • Parking Features: Deeded, Open, Other (See Remarks)

Exterior & Grounds

  • Pool: No

Other Information

  • MLS ID# 73406263
  • Last Updated: 07/17/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/17/2025New$819,000$924MLSPIN
04/13/2014Sold$410,000$463MLSPIN
03/13/2014Under Agreement$434,900$491MLSPIN
12/23/2013Active$512,500$578MLSPIN
12/23/2013Active$479,900$542MLSPIN
12/23/2013Active$434,900$491MLSPIN

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Seller's Representative: Steven Cohen Team, Keller Williams Realty Boston-Metro | Back Bay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-17 17:04:00

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