A 116-unit condominium community in Fenway, Boston.
Market figures reflect closed sales over the last 24 months. Data sourced from MLS PIN.
The Somerset is a historic 116-unit condominium located at 416 Commonwealth Avenue in Boston's Back Bay, steps from Newbury Street and the Commonwealth Avenue Mall. Originally built in 1897 as an exclusive hotel—home over the years to figures like Gloria Swanson and, per lore, the Beatles—the building was converted to condominiums in the 1983–1984 renovation. Recent sales cluster around a median of $1,137,500 (roughly $980 per square foot), with units typically spending about 100 days on the market and monthly HOA fees around $614.
The Somerset offers a wide range of residences, reflecting its origins as a grand hotel. Options include:
Common features across renovated units include granite kitchens with stainless steel appliances, parquet or hardwood floors, decorative fireplaces, bay and bow windows, custom built-ins, and marble baths.
Positioned in the heart of Back Bay, the Somerset places residents steps from Newbury Street's shopping and dining and directly along the Commonwealth Avenue Mall. Many units capture views of the Charles River, Cambridge, the landscaped pool grounds, and—from certain vantage points—Fenway Park. The full-service, concierge-driven lifestyle, paired with pool, sauna, and garage parking, makes this a low-maintenance option for buyers seeking historic character within one of Boston's most walkable neighborhoods.
Justin Rollo is a Massachusetts real estate expert with over a decade of experience and hundreds of South Shore transactions. He tracks every sale, pending, and price movement inside Somerset — so whether you're buying into the community or thinking about selling, you're working with someone who knows this specific association inside and out.
Ask Justin about Somerset →Over recent sales, units at Somerset sold at a median of $1,137,500, about $980 per square foot.
Monthly condo fees at Somerset currently range from roughly $614 to $614, depending on unit size and what the association's master policy covers.
Somerset is a 116-unit condominium association in Boston, MA.
Recent sales at Somerset averaged about 100 days on market, with 6 closings in the period.
