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7 Freeman St, Lynnfield MA 01940

Lynnfield, MA 01940
$3,599,000
Est. $19,990/month
5
Beds
6
Baths
7,430
Sq Ft
$484
Price/Sq Ft
0.69
Acres
2002
Year Built
8 hours 47 minutes
Time on Market
Active Open House Listed Apr 27, 2026 • MLS# 73508097 Copied!

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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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

Open House Schedule

29
Apr
Wednesday, April 29
1:00 PM - 3:00 PM EDT

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

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

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

Parking & Garage

Garage Spaces: 3
Garage Type: Attached
Total Parking Spaces: 14
Parking Features: Attached, Off Street

Special Features

Fireplaces: 2
Fireplace Type:

Location

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Neighborhood

7 Freeman 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

4 schools
Our Lady of the Assumption School
3.2 mi
Grades PK-08
Lynnfield Preschool
1.4 mi
36 students Less Diverse
Grades PK
A
Summer Street School
1.4 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
Huckleberry Hill School
2.2 mi | #149 of 824 | Score: 57.1
Dropped 122 spots from last year
-1.1 below state avg
416 students Moderate
Strong Attendance
Grades K-04
M

Middle Schools

1 school
A
Lynnfield Middle School
0.9 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
1.8 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
Bridgewell Program
3.4 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
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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 $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

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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 27, 2026
$3,599,000
Original listing
Agent: The Sarkis Team Office: Douglas Elliman Real Estate - The Sarkis Team

Price & Status History

Date Event Price Change
Apr 27, 2026 New Listing Added $3,599,000

Market Statistics

Time on Market
8 hours 47 minutes
Price per Sq Ft
$484

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

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 27, 2026 7:24 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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