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505 Lowell Street, Lynnfield MA 01940
505 Lowell Street, Lynnfield MA 01940
Massachusetts>Essex County>Lynnfield

505 Lowell StreetLynnfield, MA 01940

For Sale

$999,000

Smart Buyer Rebate $4,995

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/Construction loan buyers only. Don't miss it!

Last updated September 03, 2026

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Source: MLSPin #73529167

Listing Facts

  • TypeSingle-family
  • NeighborhoodLynnfield
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu104
  • Taxes$10,358/year
  • Size1,983 sqft
  • Price per sqft$504

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/08/2026
Price Decreased
$999,000
06/03/2026
Listed by
$1,099,000
  1. 07/08/2026$999,000
    Price Decreased
  2. 06/03/2026$1,099,000
    Listed by

Property Details for 505 Lowell Street

Exterior

Construction

  • Roof: Shingle
  • Year Built: 1949
  • Year Built Details: Approximate
  • Architectural Style: Cape
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters

Features

  • Patio And Porch Features: Deck

Measurements

  • Building Area Total: 1,983
  • Building Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 1.68
  • Lot Size Area: 1
  • Lot Size Square Feet: 73,011
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0011 B:0000 L:2095,1979983
  • Tax Annual Amount: $10,358.00
  • Tax Assessed Value: $980,900.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Microwave
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Tile, Hardwood
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 1,983
  • Living Area Source: Public Records

Rooms

  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 8

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, Off Street, Attached, Garage
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Summer Street

High School

  • High School: Lhs

Middle or Junior School

  • Middle Or Junior School: Lms

Utilities

Equipment

  • Cooling: None, Central Air
  • Electric: 100 Amp Service
  • Heating: Forced Air, Oil
  • Has Heating: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 505 Lowell Street.

What schools are nearby to 505 Lowell Street?

Nearby schools include the Summer Street Elementary School, Lms Middle School, and Lhs High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 505 Lowell Street.

What are the annual taxes for 505 Lowell Street?

Annual taxes for this single-family home are estimated at $10,358.

How does 505 Lowell Street compare to other single-family homes in Lynnfield?

This single-family home is listed 45% below the average price for single-family homes in Lynnfield and has been on the market for 31 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,983 sqft.

505 Lowell Street is a 3-bedroom, 2-bath single-family home for sale in Lynnfield MA 01940. Listed on Prevu for 104 days at $999,000. This includes a recent price decrease of $100,000. This residence features 1,983 square feet of living space, located in Lynnfield. The median listing price for single-family homes in this area is $1,474,500. Nearby schools include Summer Street Elementary School, Lms Middle School, and Lhs High School. Additional amenities include private outdoor space, air conditioning, and parking. Browse more single-family home listings in Essex County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.