7 Freeman St, Lynnfield MA 01940
Lynnfield, MA 01940
$3,599,000
$3,395,000
Est. $18,958/month
About this home
Set at the end of a quiet cul-de-sac, this 5-bedroom, 6-bath residence offers space, privacy, and a true indoor-outdoor lifestyle. A dramatic two-story foyer with a sweeping staircase leads into spacious, defined living areas with a natural flow for everyday living and entertaining. With over 6,300 sq ft, the home includes a finished lower level with a theatre room and recreation space, plus a top-floor bonus area for a gym, office, or studio. A resort-style backyard with an in-ground pool, expansive patio, and a covered pavilion that defines the outdoor living space, plus a private basketball court. A 1,000+ sq ft detached guest house with full kitchen, bedroom, bath, and laundry offers flexibility for extended stays or guests. Convenient access to major routes and nearby amenities. A standout property offering space, function, and a strong indoor-outdoor lifestyle.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5.7%
Price Range
Property Timeline
Price Reduced
May 26, 2026
$3,395,000
$204,000
(-5.67%)
From $3,599,000 to $3,395,000 (-5.7%)
Showing Instructions Updated
May 5, 2026
New showing requirements
Listed for Sale
Apr 27, 2026
$3,599,000
Original listing
Agent: The Sarkis Team
Office: Douglas Elliman Real Estate - The Sarkis Team
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/26/2026 | ↓ Price Reduced | $3,395,000 | $204,000 | - | From $3,599,000 to $3,395,000 (-5.7%) |
| 05/05/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 04/27/2026 | 🏠 Listed for Sale | $3,599,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $19,098 | $1,808,500 |
Financial Details
Annual Property Tax
$19,098
Tax Year 2025
Assessed Value
$1,808,500
Facts & Features
3 Car Garage
Central AC
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
2002
Living Area
7,430 sq ft
Lot Size
0.69 acres
Bedrooms
5
Full Baths
6
Total Rooms
13
Interior
Heating
Forced Air
Cooling
Central Air
Flooring
Wood, Carpet, Other
Appliances
Gas Water Heater, Range, Oven, Dishwasher, Disposal, Trash Compactor, Refrigerator
Fireplace
None
Fireplaces
2
Basement
Full, Finished
Laundry
Gas Dryer Hookup
Features
Central Vacuum, Sauna/steam/hot Tub, Walk-up Attic
Exterior
Construction
Frame, Brick, Stone
Architecture
Colonial
Roof
Shingle
Features
Deck, Patio, Covered Patio/deck, Balcony, Pool - Inground Heated, Cabana, Hot Tub/spa, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Gazebo, Guest House, Outdoor Gas Grill Hookup
Pool
Pool - Inground Heated
Spa
Private
Fencing
Fenced
Patio/Porch
Deck, Patio, Covered
Parking
Garage Spaces
3
Has Garage
Yes
Features
Attached, Off Street
Total Spaces
14
Utilities
Electric
Other (see Remarks)
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Gas Dryer, Outdoor Gas Grill Hookup
Financial
Annual Tax
$19,098
Assessed Value
$1,808,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
The living area includes the 1,048 sq ft pool house and 1,576 sq ft of below-grade space.
Documents
None
County
Essex
Total market time (incl. prior listings)
33 days
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2002
Bedrooms
5
Full Bathrooms
6
Living Area
7,430 sq ft
Total Rooms
13
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,854 sq ft above grade
1,576 sq ft below grade
Display Options
Outdoor Areas
PoolPool - Inground Heated
SpaPrivate
Patio & porchDeck, Patio, Covered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Carpet, Other
Appliances:
Gas Water Heater, Range, Oven, Dishwasher, Disposal, Trash Compactor, Refrigerator
Interior Features:
Central Vacuum, Sauna/Steam/Hot Tub, Walk-up Attic
Windows:
Insulated Windows
Basement:
Full, Finished
Laundry:
Gas Dryer Hookup
Security:
Security System
Construction & Materials
Style:
Colonial
Year Built:
2002
Structure Type:
Exterior Materials:
Frame, Brick, Stone
Roof:
Shingle
Foundation:
Concrete Perimeter, Brick/Mortar
Heating, Cooling & Utilities
Heating:
Forced Air
Heating Zones:
4
Cooling:
Central Air
Cooling Zones:
4
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck, Patio, Covered Patio/Deck, Balcony, Pool - Inground Heated, Cabana, Hot Tub/Spa, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Gazebo, Guest House, Outdoor Gas Grill Hookup
Patio & Porch:
Deck, Patio, Covered
Fencing:
Fenced
Other Structures:
Cabana, Gazebo, Guest House
Lot Features:
Level
Road Surface:
Parking & Garage
Garage Spaces:
3
Garage Type:
Attached
Total Parking Spaces:
14
Parking Features:
Attached, Off Street
Special Features
Fireplaces:
2
Fireplace Type:
Pool:
Private Pool
Pool Features:
Pool - Inground Heated
Spa/Hot Tub:
Yes
Spa Features:
Private
Community Amenities:
Shopping, Park, Highway Access, Public School
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$1,592
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
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Current Rate
$0/mo
+0.5% Rate
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Payment Over Time
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.
Location
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Neighborhood
7 Freeman St, Lynnfield MA 01940
Lynnfield, MA 01940
Listing Information
Listing Agent
The Sarkis Team
Listing Office
Douglas Elliman Real Estate - The Sarkis Team
Office Phone
617-875-4950
Agent MLS ID
TM328399
Office MLS ID
AN8041
Listing Data Updated
May 30, 2026 3:05 AM 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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