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505 Lowell Street, Lynnfield MA 01940

Lynnfield, MA 01940
$1,099,000
Est. $6,620/month
3
Beds
1.5
Baths
1,983
Sq Ft
$554
Price/Sq Ft
1.68
Acres
1949
Year Built
7 hours 23 minutes
Time on Market
Active Listed Jun 3, 2026 • MLS# 73529167 Copied!

About this home

A rare opportunity on a sprawling 1.68-acre lot, offering the scale & potential developers & investors are searching for. The welcoming foyer sets the tone & flows effortlessly into the formal LR & DR, creating an inviting layout ideal for entertaining. The updated kitchen is warm & functional, opening to a generous deck, perfect for morning coffee. A cozy FR w/ fireplace offers an ideal space for family to gather. A dedicated office offers a quiet work-from-home space. The primary BR features a double closet, while the add’l 2 BR’s are also spacious. The updated full bath impresses w/ double vanity, walk-in shower & floor-to-ceiling tile. A ½ half bath adds ease for guests. The unfinished walk-up attic & basement provide valuable potential to create add’l living space for today’s needs. The lot provides a blank canvas for an addition, pool, or private outdoor retreat to become a true showstopper. Easy access to Rt 128, 95 & 93. Minutes to MarketStreet. Cash buyers only. Don't miss it!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1949
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,983 sq ft
Total Rooms
7

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1949
Living Area 1,983 sq ft
Lot Size 1.68 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Oil
Cooling Central Air, None
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Microwave
Fireplace None
Fireplaces 1
Basement Full, Interior Entry, Concrete, Unfinished
Laundry None
Features Office, Walk-up Attic

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Deck - Vinyl, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck - Vinyl

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric 100 Amp Service
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $10,358
Assessed Value $980,900

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Microwave
Interior Features: Office, Walk-up Attic
Windows:
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Style: Cape
Year Built: 1949
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Forced Air, Oil
Cooling: Central Air, None
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Vinyl, Rain Gutters
Patio & Porch: Deck - Vinyl
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 6
Parking Features: Under, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Shopping, Highway Access, Public School

Location

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Neighborhood

505 Lowell Street, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $863
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest 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
Jun 3, 2026
$1,099,000
Original listing
Agent: The Apex Team Office: Apex Realty Group, LLC

Price & Status History

Date Event Price Change
Jun 3, 2026 New Listing Added $1,099,000

Market Statistics

Time on Market
7 hours 23 minutes
Price per Sq Ft
$554

Tax History

Year Taxes Assessment
2025 $10,358 $980,900

Financial Details

Annual Property Tax
$10,358
Tax Year 2025
Assessed Value
$980,900

Listing Information

Listing Agent The Apex Team
Listing Office Apex Realty Group, LLC
Agent MLS ID TM335186
Office MLS ID AN2707
Listing Data Updated Jun 3, 2026 3:16 PM EDT
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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