420 Salem St Lynnfield — Photo 1 of 6
Recent Drop: $50,999
$799,000
420 Salem St, Lynnfield, MA 01940
Lynnfield, MA 01940
Beds
3
Baths
1.5
SqFt
2,554
Style
Single Family
Built
1880
Unbelievable opportunity !!! Just about 2 acres of land ( over 85,000 square feet). This is a knockdown or rebuild with a some of the work already started. Come and build your dream house in a Wonderful and quiet area of Lynnfield. You will appreciate the oversized garage with lots of options fo any use.... SEE ATTACHED PLOT PLAN AND BUILDING PLANS ( ALL APPROVED)
Key facts
It was listed on April 19, 2026. The price has come down from an original $849,999 to $799,000, most recently on June 24, 2026. The annual property taxes are $8,502 (2025 tax year). It sits on a 1.96-acre (85,321 sq ft) lot.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Lynnfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path
Geography
Property History
$799,000
Was $849,999
Jun 24, 2026
MLS® 73503998
$849,999
Apr 19, 2026
MLS® 73503998
$750,000
Mar 5, 2025
MLS® 73320359
$799,900
Jan 20, 2025
MLS® 73320359
$799,900
Dec 17, 2024
MLS® 73320359
Questions about this home
When was 420 Salem St, Lynnfield listed?
420 Salem St, Lynnfield was listed on April 19, 2026.
Has the price of 420 Salem St, Lynnfield changed?
The price has come down from an original $849,999 to $799,000, most recently on June 24, 2026.
What are the property taxes for 420 Salem St, Lynnfield?
The annual property taxes for 420 Salem St, Lynnfield are $8,502 (2025 tax year).
How big is the lot at 420 Salem St, Lynnfield?
420 Salem St, Lynnfield sits on a 1.96-acre (85,321 sq ft) lot.
What is the status of 420 Salem St, Lynnfield?
420 Salem St, Lynnfield is actively listed for sale.
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
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '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 2,554 sq ft principal dwelling). Lot size: 85,321 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.
Listing Agent: Francis Santaniello
Listing Office: Blueprint Brokers
MLS® Number: 73503998
