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58 Chestnut St., Lynnfield MA 01940

Lynnfield, MA 01940
$2,999,000
Est. $15,448/month
5
Beds
5
Baths
5,420
Sq Ft
$553
Price/Sq Ft
0.71
Acres
2024
Year Built
15 hours 47 minutes
Time on Market
Active Listed Apr 14, 2026 • MLS# 73501153 Copied!

About this home

Introducing Massachusetts' first indestructible home. Located in the coveted town of Lynnfield, this new construction home is highlighted by its European design being completely built of galvanized steel and concrete, able to withstand the test of time. The interior features stunning red oak flooring and high-quality dual-functioning European windows, allowing in ample natural light. As you enter the home, you are greeted by a large open concept dining, living & full kitchen equipped with oversized island, Forno appliances, and stretch vinyl ceilings to give a unique design & additional lighting. The home offers 3 bedroom suites, 3 additional bonus rooms, 4 full baths, 2 half baths, laundry room on the first floor and a 12-seated movie theatre room adjacent to the 3-car garage. The exterior is finished with robust Stucco & tempered glass on the outdoor decks to enhance its appeal. Driveway is radiant heat ready. Enjoy the outdoor kitchen and oversized yard. A truly extraordinary home.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2024
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
2
Living Area
5,420 sq ft
Total Rooms
9

Facts & Features

3 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2024
Living Area 5,420 sq ft
Lot Size 0.71 acres
Bedrooms 5
Full Baths 4
Half Baths 2
Total Rooms 9

Interior

Heating Forced Air, Ductless
Cooling Central Air, Ductless
Flooring Hardwood
Appliances Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Fireplace None
Fireplaces 2
Basement Full, Garage Access
Laundry None
Features None

Exterior

Construction Stone, See Remarks
Architecture Colonial
Roof Metal

Parking

Garage Spaces 3
Has Garage Yes
Features Attached, Under, Heated Garage, Driveway
Total Spaces 13

Utilities

Electric 200+ Amp Service
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $999
Assessed Value $999

Interior Features

Flooring: Hardwood
Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Interior Features:
Windows: Insulated Windows, Storm Window(s)
Basement: Full, Garage Access
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 2024
Structure Type:
Exterior Materials: Stone, See Remarks
Roof: Metal
Foundation: Concrete Perimeter, Other

Heating, Cooling & Utilities

Heating: Forced Air, Ductless
Heating Zones: 4
Cooling: Central Air, Ductless
Cooling Zones: 4
Hot Water:
Water Source: Public
Sewer: Private Sewer

Parking & Garage

Garage Spaces: 3
Garage Type: Attached
Total Parking Spaces: 13
Parking Features: Attached, Under, Heated Garage, Driveway

Special Features

Fireplaces: 2
Fireplace Type:

Location

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Neighborhood

58 Chestnut St., Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Nearby Schools

School District
Lynnfield School District local
A
School Safety 2024-25
0.3% Low
0.2% Suspensions 0.1% Emergency
5.2% below state avg
E

Elementary Schools

3 schools
Lynnfield Preschool
1.0 mi
36 students Less Diverse
Grades PK
A
Summer Street School
1.0 mi | #118 of 824 | Score: 58.1
Improved 37 spots from last year
-0.1 below state avg
440 students Less Diverse
Rising School Strong Attendance
Grades K-04
A
Dolbeare School
1.4 mi | #153 of 824 | Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students Less Diverse
Rising School
Grades K-04
M

Middle Schools

1 school
A
Lynnfield Middle School
0.4 mi | #58 of 352 | Score: 55.5
Improved 34 spots from last year
-2.7 below state avg
698 students Moderate
Rising School Strong Attendance
Grades 05-08
H

High Schools

2 schools
A
Lynnfield High School
1.3 mi | #62 of 346 | Score: 65.4
Dropped 41 spots from last year
+7.2 above state avg
588 students Moderate
18 sports • 1,490 athletes
High Graduation Rate College Ready Curriculum Strong Athletics Strong Attendance
Grades 09-12
Nazareth Academy
1.7 mi
Grades 09-12
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $83
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

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Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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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
Apr 14, 2026
$2,999,000
Original listing
Agent: The Sarkis Team Office: Douglas Elliman Real Estate - The Sarkis Team

Price & Status History

Date Event Price Change
Apr 14, 2026 New Listing Added $2,999,000

Market Statistics

Time on Market
15 hours 47 minutes
Price per Sq Ft
$553

Tax History

Year Taxes Assessment
2024 $999 $999

Financial Details

Annual Property Tax
$999
Tax Year 2024
Assessed Value
$999

Listing Information

Listing Agent The Sarkis Team
Listing Office Douglas Elliman Real Estate - The Sarkis Team
Agent MLS ID TM328399
Office MLS ID AN8041
Listing Data Updated Apr 14, 2026 12:34 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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Market Analytics for Lynnfield, MA

Real-time market trends and pricing data for this area

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Steven Novak

Steven Novak

BMN Boston Real Estate

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