1 Steuart Ln #405
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
31% of that payment is not the mortgage. The HOA fee alone is $192,300 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $16,275.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($124,750). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-11-05 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
2 recorded pointsReconstructed from 23 units of recorded sales at 1 Steuart Ln — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- Upper floor (fl 4)
- In-unit W/D
- Newer build (2021)
⚠️ Cons
- 31% above model fair value
- HOA $3205/mo
🚩 Red flags
- Very high HOA $3205/mo (full-service high-rise)
Photos
Price history (this unit)
- Oct 29, 2026 — Listed $2,495,000
Description
Remarkably rare collection of homes along the famed Bay. This stunning home features an open southeast corner great room with a chef's entertaining kitchen featuring appliances by Gaggenau. The primary suite showcases the signature One Steuart Lane primary bathroom designed to rival any 5-star hotel. This once-in-a-generation opportunity affords a waterfront lifestyle rarely available. Designed by world-renowned architects Skidmore, Ownings & Merrill, designed as a timeless connection between the city & the water. Amenities include valet parking, attended lobby, lounge w/ full kitchen & waterfront terrace, Wellness Center w/ complete fitness with Pilates studio, outdoor terrace & spa…