By Lisa Sevajian, Realtor · Last updated October 16, 2026 · 8 min read

Paradise Place Condos in Tewksbury MA: Prices, Fees and What to Know

Everyone talks about the price of living in Tewksbury MA. Nobody talks about this tradeoff.

With a brand new condo, the tradeoff is this: a new building has no track record yet. The fee is low, the paint is fresh, and the savings account is just getting started.

Maybe you need four bedrooms, you love the idea of new, and you're excited about a low fee. Paradise Place caught your eye. Now you're wondering what you'd be signing up for.

If you're stuck on this, you aren't alone. It's one of the questions my partners and I help you answer most. Here's what the records say, so you can decide with your eyes open.

New paint is easy to see. The reserves are what you have to ask about.

Where is Paradise Place?

Paradise Place is at 2131 Main Street (Route 38) in Tewksbury MA, ZIP 01876, per the town's local paper.

MLS PIN lists shopping, a park, a medical facility, public transportation and quick highway access near you. You're on a main road, so you'll hear and see traffic going by.

You'll most likely drive. I-495 runs through Tewksbury MA, and I-93 is close by. The town doesn't have its own train stop. Most riders drive to the Wilmington MA or North Billerica MA stops on the MBTA commuter rail line into North Station.

Want the bigger picture of the town? Our guide to living in Tewksbury MA covers the commute, the schools and a normal Saturday.

What kinds of homes are in Paradise Place?

You'll find one kind of home here: the four bedroom townhouse.

Every home that sold had 4 bedrooms and 1,915 square feet, built in 2024, per MLS PIN. MLS PIN lists 16 units.

A 2024 notice for the community's affordable homes describes 3.5 baths, a one car garage and one outdoor space per home. It also lists gas heat, central air, hardwood floors and granite counters, per the lottery notice.

That same notice describes 15 townhomes plus 3 commercial units. So ask for the master deed, and confirm how many homes and how many commercial units are in the condo.

How much do condos in Paradise Place sell for?

Condos here sold for a median of $727,000 from October 2024 to October 2026, per MLS PIN.

Source: MLS PIN, condo sales in Paradise Place, Tewksbury MA, October 2024 to October 2026, pulled October 16, 2026.

All six sales closed in January and February 2025, as the new homes first sold. The homes are the same size, so the prices stayed tight. That helps you judge a fair price.

Homes sold for about their final asking price. A resale can land in a different spot, so look at what's selling now before you decide.

Two homes were set aside as affordable homes. They were sold by lottery through the housing authority in Chelmsford MA to first time buyers who met income limits, per the Town Crier. Those aren't part of the MLS PIN numbers you see above.

Wondering what your Paradise Place home is worth today? Call or text me, and we'll look at accurate similar sales together.

What does the condo fee cover?

Your fee is low, and MLS PIN records don't list what it covers. That's the first thing to ask about.

The monthly fee on every home that sold was $200, per MLS PIN. Ask for the budget. It shows you what the fee pays for, like insurance, snow removal and landscaping, and what you pay on your own.

A low fee can be great. In a new complex, it can also mean the reserves are just getting started. Reserves are the savings the association keeps for big repairs. Ask how much is saved now and how much goes in each month.

What amenities are there?

You're paying for a new home and the space inside it, not shared extras.

MLS PIN doesn't list a clubhouse or pool. Each home has a garage and an outdoor space, per the lottery notice. MLS PIN lists shopping, a park and public transportation nearby.

MLS PIN records don't show a pet policy. If you have a dog or a cat, ask for the pet rules before you write an offer.

Is Paradise Place a 55+ community?

No. MLS PIN doesn't list Paradise Place as a 55+ community, so there's no age rule to buy here.

Four bedrooms is rare for a condo. If you need that much room for you and yours, without a big yard, it's worth a look.

What are the pros and tradeoffs?

Here's the honest list I'd share with you across the table.

What people love:

• Brand new homes, built in 2024.
• Four bedrooms, which is hard to find in a condo.
• A low fee of $200 a month, per MLS PIN.
• A garage with each home.

What to weigh:

• A new association has little history and young reserves.
• The fee could rise as the budget settles in.
• Commercial units may share the condo, so ask how costs and votes split.
• You're on a busy main road, so visit at rush hour.

For a lot of people, new construction and four bedrooms make those fair trades. For others, they aren't. Both are fine. That's why we talk it through.

What should you compare Paradise Place with?

Compare it with two or three nearby complexes, so you can see what the fee and the price buy you.

• Bella Woods, Tewksbury MA. Townhouses and detached homes built from 2013 to 2016. The median sale was $798,000 and the median fee $381, across 143 units.
• Katie Estates, Tewksbury MA. Townhouses, attached and detached homes built from 2007 to 2010. The median sale was $720,000 and the median fee $418, across 58 units.
• DiPalma Estates, Tewksbury MA. Detached homes and townhouses built in 1994 and 1995. The median sale was $610,000 and the median fee $150, across 88 units.

All figures are MLS PIN condo sales in each complex, October 2024 to October 2026, pulled October 16, 2026.

What should buyers check before an offer?

Read the condo documents before you fall in love. In a new complex, they matter even more. Here's what to ask for:

• The master insurance policy, so you know what it covers.
• The budget and the reserves, so you know what the fee covers and what's saved.
• Any special assessments. A special assessment is a one-time bill owners pay for a big project.
• The rules, including pet rules and rental rules.
• The meeting minutes, and who runs the association now. In a new complex, the builder may still be in charge.
• The master deed, so you know how the homes and any commercial units share costs.

Then run the full monthly cost: mortgage, fee and taxes. The FY2026 home tax rate in Tewksbury MA is $12.56 per $1,000 of assessed value, per the state. It's come down three years in a row, per the town's rate history. Divide the assessed value by 1,000, then multiply by 12.56. Our Tewksbury MA schools and property taxes guide goes deeper.

If schools matter to you, look up the exact address on the state's school profiles site.

Every buyer gets a lender who runs the numbers before every offer. You'll know your payment before you fall in love.

What should sellers know?

You'll likely be one of the first resales here, so your buyer has little to compare against.

Show them the life, not just the rooms. Four bedrooms, the garage, a home that still feels new. Presentation and preparation matter here, because buyers are also touring brand new homes in other towns.

Have your condo documents ready early, including the budget and the reserves. Buyers and their lenders will ask.

Price is your choice. We'll walk you through accurate similar sales in the community and nearby so you can choose with confidence.

This is general information, not legal, tax or lending advice. Check with your attorney, lender and CPA before you decide.

I'll guide you home.

Lisa Sevajian