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3 Effie Place, Lexington MA 02421

Lexington, MA 02421
$1,350,000
Est. $840,360/month
0.47
Acres
14
Days on Market
Closed Listed Mar 19, 2025 • MLS# 73347716 Copied!

About this home

One of two, beautiful, level ½-acre lots in Lexington’s “Prospect Hill.” Rare opportunity to buy two permitted, abutting lots. These outstanding lots are part of the new, four-home Briggs Hill luxury development. Option to work with permitted, architectural plans for a 6,905sf residence. These plans are “grandfathered in” which allows you to build additional living area, higher ceilings and to use natural & propane gas - all not permitted under current Zoning. This is a rare opportunity to build with existing plans or your own plans. Build-ready with all infrastructure in place; water, sewage, gas and electric stubbed at site. Ready for you to break ground! Includes completion of the Effie Place road and completion of Outlook drive in front of the development. Superb neighborhood near top schools, jogging path, ballfields, parks, and Lexington Center. Three minutes to the Route 95/128 High-tech Belt and 20 minutes into Boston.

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Property Overview

Property Type
Residential
Listing Type
Land

Sale Statistics

Sale Overview
Original List Price: $1,350,000
Final Sale Price: $1,350,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
14
Days on Market
Quick sale
Sale Summary

This property sold exactly at the asking price.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$0/sq ft
Area Average
$625/sq ft
Difference
100.0%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.47 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric On-site, At Street
Water Public, On-site
Sewer Public Sewer
Gas On-site, At Street
Other None

Financial

Annual Tax $9,999,999
Assessed Value $99,999,999
HOA Yes

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public, On-Site
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Easements, Level, Irregular Lot, Storm Drains
Road Frontage: 115.00 ft
Road Surface: Paved

Parking & Garage

Parking Features:

Location

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Neighborhood

3 Effie Place, Lexington MA 02421

Lexington, MA 02421

Walkability

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Nearby Schools

School District
Lexington School District local
A+
School Safety 2024-25
0.3% Low
0.3% Suspensions 0.6% In-School
5.2% below state avg
E

Elementary Schools

10 schools
Cotting School
1.3 mi
Grades PK-12
Community Therapeutic School
1.3 mi
Grades PK-08
Waldorf School
1.9 mi
Grades PK-08
Lexington Montessori School
1.9 mi
Grades PK-06
A+
Bridge School
0.3 mi | #21 of 824 | Score: 64.5
Improved 86 spots from last year
+6.3 above state avg
345 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
The LEAP School
0.8 mi
Grades PK
A+
Maria Hastings School
0.9 mi | #5 of 824 | Score: 67.2
Improved 44 spots from last year
+9 above state avg
579 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
Lexington Children's Place
1.1 mi
70 students Diverse
Diverse Student Body
Grades PK
A+
Bowman School
1.6 mi | #13 of 824 | Score: 65.8
Dropped 5 spots from last year
+7.6 above state avg
429 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
A+
Fiske School
1.7 mi | #37 of 824 | Score: 63.3
Improved 209 spots from last year
+5.1 above state avg
324 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A+
Jonas Clarke Middle School
0.8 mi | #1 of 352 | Score: 67.5
Improved 4 spots from last year
+9.3 above state avg
796 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
A+
William Diamond Middle School
1.9 mi | #9 of 352 | Score: 63.9
Same rank as last year
+5.7 above state avg
936 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

4 schools
JRI Meadowridge Pelham Academy School
1.2 mi
Grades 07-12
Lexington Christian Academy
2.4 mi
Grades 06-12
A+
Lexington High School
0.6 mi | #2 of 346 | Score: 82.3
Improved 3 spots from last year
+24.1 above state avg
2,405 students Diverse
20 sports • 2,520 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
A
Minuteman Regional High School
1.7 mi | #71 of 346 | Score: 63.9
Dropped 23 spots from last year
+5.7 above state avg
669 students Moderate
12 sports • 700 athletes
Strong AP Program Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833,333
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

66.1%
Price Range
16
Total Days on Market

Property Timeline

Current Active Listing - MLS #73484211
Full transaction history available when tracking began
🏡
Currently Listed
Mar 9, 2026
$3,980,000
MLS #73484211 - Active
Sold
May 5, 2025
$1,350,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Mar 19, 2025
$1,350,000
Original listing
Agent: Elizabeth P. Crampton Office: Coldwell Banker Realty - Lexington

Price & Status History

Date Event Price Change
Mar 9, 2026 Sold $3,980,000
Mar 19, 2025 New Listing Added $1,350,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
9999 $9,999,999 $99,999,999

Financial Details

Annual Property Tax
$9,999,999
Tax Year 9999
Assessed Value
$99,999,999

Listing Information

Listing Agent Elizabeth P. Crampton
Listing Office Coldwell Banker Realty - Lexington
Agent MLS ID BB982654
Office MLS ID AN6216
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lexington, MA

Real-time market trends and pricing data for this area

3 Effie Place, Lexington MA 02421 - Photo 1
Steven Novak

Steven Novak

BMN Boston Real Estate

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