If you're looking for an alternative to the Hub's astronomical condo prices, you may want to stop looking along the Charles River and set your sights on the Neponset.
The Baker Chocolate complex, a 14-acre village of brick factory buildings along the Neponset River in Dorchester's Lower Mills, has some new high-end condos that start at just $450,000. Owners have access to an indoor lap pool with a hot tub, a fitness facility, a conference room and a dog park. Units come with deeded parking out back and condo fees include heat.
The Lofts at Lower Mills were transformed into one- and two-bedroom market-rate apartments with historic preservation tax credits five years ago, and now Hub owner Winn Development has been converting them to condos as the credits expire.
Three buildings are being transitioned into 77 condos, with 58 of them in a six-story Romanesque Revival building built in 1891 and known as the Baker Mill. The developer is adding hardwood floors, some updated appliances, and even opening up some unused loft spaces on the top floor.
The condos have 13-to- 18A-foot-high wood-beam ceilings, tall windows, exposed brick walls and lots of original detailing.
We took a look at model Unit B-601, a 2,000-square-foot one-bedroom-plus duplex that's on the market for $660,000. The sixth-floor unit's living room has soaring 18A-foot ceilings and a large multipart arched window that overlooks the river. Its one bedroom, reachable by a newly added steel and wood staircase, is a remarkably large 750 square feet. The unit has two full bathrooms with glass-enclosed showers and a soaking tub, an in-unit washer/dryer, a dining room/den space and an open kitchen with quartz countertops, wood cabinets and stainless-steel appliances.
The Baker complex is within a short walking distance of Dorchester's Lower Mills retail area and Milton Village just across the Neponset, but it feels self-contained. Out back there's the picturesque Baker Dam and you can connect with Neponset River Walk that leads down to the Pope John XXIII park. There's a Red Line trolley stop to Ashmont just across the street, making for an easy city commute.
"It's got a neighborhood feel, and it's affordable," said Jonathan Keith of Keith Brokerage in Canton, who is exclusively marketing the units. The building was rehabbed into apartments by his family's construction company.
Condo fees range from $600-$900 a month, and include gas heat from a central system. Owners also get access to the complex's renovated lap pool and fitness facility.
"We're attracting a lot more empty nester buyers than we thought we would," said Keith, who said 32 units have closed. "We're getting people from suburbs like Hingham and Cohasset who want to be close to the South Shore but are looking for a city feel. The complex has really developed into a friendly neighborhood with a great mix of people."
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