Active
2 Days on market
11 Homestead Road Lynnfield — Photo 1 of 22

11 Homestead Road Lynnfield — Photo 1 of 22

$729,000

11 Homestead Road, Lynnfield, MA 01940

Lynnfield, MA 01940

Beds

3

Baths

2

SqFt

1,629

Style

Single Family

Built

1941

Location, location, location. A new SEPTIC system has just been installed, offering a valuable recent improvement. Rare opportunity in sought-after Lynnfield! This home has strong and presents exceptional potential for an owner-occupant, builder, contractor, or investor looking to renovate and create something special. Ideally located near Lynnfield schools, shopping, dining and major commuter routes, this property offers a desirable setting with a significant upside. A unique opportunity to invest, add value and make this home your own in one of Lynnfield's most desirable communities.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$448/sqft
Local Avg (Lynnfield)$448/sqft
At Market Avg

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Lynnfield, MA.

Property Details

Financials

Original Price$729,000
Annual Taxes$8,174

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces1
FlooringVinyl, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres0.26
SqFt Lot11,530
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave

Neighborhood

Shopping • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Bedroom 4Bathroom 1
Main,First
Living RoomDining RoomKitchenBedroom 3
Living Room
Lvl Main,First

11.9 x 21.3

Flooring - Hardwood, Crown Molding

Dining Room
Lvl Main,First

10.5 x 11.8

Flooring - Hardwood, Crown Molding

Kitchen
Lvl Main,First

16 x 9.1

Flooring - Vinyl

Master Bedroom
Lvl Second

17.6 x 11.1

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

10.2 x 10.4

Bedroom 3
Lvl Main,First

9.1 x 12.5

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

9.1 x 12.5

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower

Population

13,285

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$173K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

12.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 815 sq ft (the lesser of 900 sq ft or half the 1,629 sq ft principal dwelling). Lot size: 11,530 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Lynnfield, MA market report ZIP 01940 market data
Listing Provided By

Listing Agent: Lina Verderese

Listing Office: Showcase Of Homes, REALTORS®

MLS® Number: 73574318

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