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3 Franklin Road, Lexington MA 02420

Lexington, MA 02420 • Merriam Hill
$2,880,000
Est. $17,252/month
3
Beds
3.5
Baths
3,903
Sq Ft
$738
Price/Sq Ft
0.87
Acres
1956
Year Built
2
Days on Market
Active Open House Listed Mar 11, 2026 • MLS# 73485566 Copied!

About this home

One of Merriam Hill's most admired properties beautifully sited on over 3/4 of an acre. This special home has a large 1st floor suite, grand living areas, amazing built-ins, beautiful grounds and is in a sought after location convenient to town center, schools, the Minuteman Bikeway, conservation and recreation areas and major routes. This carefully maintained and updated home will meet your needs and more. There's a recently renovated cathedral ceilinged kitchen with quartz counters, wine cooler, induction cooktop, hardwood floors, breakfast island and eating area with a bay window providing neighborhood views. A heart of the home combination DR and family room with cathedral ceilings, gorgeous built-in cabinetry and access to a private bluestone patio. The skylit primary suite has a walk-in closet, double closets, built-in bookcases, sitting area and a spacious bath with shower and soaking tub. This 1st level also has a lovely fireplaced formal living room w/ arched display cabinets.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1956
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,903 sq ft
Total Rooms
8
Main Level Bedrooms
1

Open House Schedule

15
Mar
Sunday, March 15
10:00 AM - 11:30 AM EDT
14
Mar
Saturday, March 14
10:00 AM - 11:30 AM EDT

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1956
Living Area 3,903 sq ft
Lot Size 0.87 acres
Bedrooms 3
Full Baths 3
Half Baths 1
Total Rooms 8

Interior

Heating Central, Baseboard, Electric Baseboard, Hot Water, Natural Gas, Fireplace
Cooling Central Air, 3 Or More, Ductless
Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet, Flooring - Hardwood, Flooring - Stone/ceramic Tile
Appliances Gas Water Heater, Tankless Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Fireplace Family Room, Living Room
Fireplaces 3
Basement Partial, Partially Finished, Interior Entry, Radon Remediation System, Concrete
Laundry Flooring - Stone/ceramic Tile, Lighting - Overhead, In Basement, Electric Dryer Hookup, Washer Hookup
Features Closet/cabinets - Custom Built, Lighting - Overhead, Crown Molding, Open Floorplan, Bathroom - Half, Den, Home Office, Play Room, Mud Room, Walk-up Attic, Internet Available - Unknown

Exterior

Construction Frame
Architecture Cape
Roof Shingle, Rubber

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Workshop In Garage, Garage Faces Side, Paved Drive, Off Street
Total Spaces 10

Utilities

Electric 220 Volts, Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $29,864
Assessed Value $2,426,000

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Gas Water Heater, Tankless Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Interior Features: Closet/Cabinets - Custom Built, Lighting - Overhead, Crown Molding, Open Floorplan, Bathroom - Half, Den, Home Office, Play Room, Mud Room, Walk-up Attic, Internet Available - Unknown
Windows: Insulated Windows, Storm Window(s)
Basement: Partial, Partially Finished, Interior Entry, Radon Remediation System, Concrete
Laundry: Flooring - Stone/Ceramic Tile, Lighting - Overhead, In Basement, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Cape
Year Built: 1956
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Central, Baseboard, Electric Baseboard, Hot Water, Natural Gas, Fireplace
Heating Zones: 6
Cooling: Central Air, 3 or More, Ductless
Cooling Zones: 4
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 10
Parking Features: Attached, Garage Door Opener, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street

Special Features

Fireplaces: 3
Fireplace Type: Family Room, Living Room

Location

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Neighborhood

Merriam Hill

3 Franklin Road, Lexington MA 02420

Lexington, MA 02420

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
Waldorf School
1.9 mi
Grades PK-08
Cotting School
2.4 mi
Grades PK-12
Lexington Montessori School
2.4 mi
Grades PK-06
Community Therapeutic School
2.7 mi
Grades PK-08
A+
Fiske School
0.4 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
Lexington Children's Place
1.2 mi
70 students Diverse
Diverse Student Body
Grades PK
A+
Harrington School
1.4 mi | #60 of 824 | Score: 61.7
Dropped 45 spots from last year
+3.5 above state avg
374 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
The LEAP School
1.4 mi
Grades PK
A+
Bridge School
1.5 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
A+
Maria Hastings School
1.7 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
M

Middle Schools

2 schools
A+
William Diamond Middle School
0.7 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
A+
Jonas Clarke Middle School
1.6 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
H

High Schools

4 schools
JRI Meadowridge Pelham Academy School
1.1 mi
Grades 07-12
Lexington Christian Academy
2.0 mi
Grades 06-12
A+
Lexington High School
0.8 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
2.5 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
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,489
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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

Property Timeline

🏠
Listed for Sale
Mar 11, 2026
$2,880,000
Original listing
Agent: Lester Savage Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Mar 11, 2026 New Listing Added $2,880,000

Market Statistics

Days on Market
2 days
Price per Sq Ft
$738

Tax History

Year Taxes Assessment
2026 $29,864 $2,426,000

Financial Details

Annual Property Tax
$29,864
Tax Year 2026
Assessed Value
$2,426,000

Listing Information

Listing Agent Lester Savage
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID BB902891
Office MLS ID AN4890
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

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Steven Novak

Steven Novak

BMN Boston Real Estate

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