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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 40 Elmwood Street, Salisbury, MA 01952
Active
50 Days on market
40 Elmwood Street Salisbury — Photo 1 of 38

40 Elmwood Street Salisbury — Photo 1 of 38

$849,900

40 Elmwood Street, Salisbury, MA 01952

Salisbury, MA 01952

Beds

4

Baths

2.5

SqFt

2,748

Style

Single Family

Built

2005

Endless potential awaits! Bring your vision and transform this spacious home into the stunning property it was meant to be. Situated on a picturesque 2.46-acre country lot with the possibility of subdivision (subject to town approval), this property offers an incredible opportunity for homeowners, investors, or builders alike. Boasting over 2,700 square feet of living space, the home features 3-4 generous bedrooms, 2.5 baths, multiple heating zones, a pellet stove, soaking tub, built-in double wall oven, walk-up attic for future expansion, and an inground pool ready to be enjoyed again. Nestled in a beautiful country setting just 6 miles from the beach and minutes from the New Hampshire border, you'll love the unbeatable potential to transform this into your own beautiful gem. Value and potential make this an investment worth considering. Don't miss this rare opportunity in an exceptional location!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$309/sqft
Local Avg (Salisbury)$397/sqft
22% BelowMarket Average

* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Salisbury, MA.

Property Details

Financials

Original Price$849,900
Annual Taxes$8,198

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Tile, Carpet
BasementFull, Bulkhead

Climate & Utilities

HeatingBaseboard, Wood Stove
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres2.46
SqFt Lot107,157
Lot FeaturesWooded, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second

Population

9,281

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

Median Household Income

$93K

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

Renter-Occupied Homes

28.8%

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: 900 sq ft (the lesser of 900 sq ft or half the 2,748 sq ft principal dwelling). Lot size: 107,157 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 Salisbury, MA market report ZIP 01952 market data
Listing Provided By

Listing Agent: Roberta Fulford

Listing Office: LAER Realty Partners

MLS® Number: 73543927

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