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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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William Raveis

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

  1. Home
  2. Listings
  3. 505 Lowell Street, Lynnfield, MA 01940
Active
78 Days on market
505 Lowell Street Lynnfield — Photo 1 of 40

505 Lowell Street Lynnfield — Photo 1 of 40

Recent Drop: $100,000

$1,099,000
$999,000

$999,000

505 Lowell Street, Lynnfield, MA 01940

Lynnfield, MA 01940

Beds

3

Baths

1.5

SqFt

1,983

Style

Single Family

Built

1949

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 buyers only. Don't miss it!

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$504/sqft
Local Avg (Lynnfield)$437/sqft
15% AboveMarket Average

* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Lynnfield, MA.

Property Details

Financials

Original Price$1,099,000
Annual Taxes$10,358

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air, None
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRC

Property & Lot

Acres1.68
SqFt Lot73,011
Lot FeaturesCleared

Amenities & Appliances

Range • Microwave

Neighborhood

Shopping • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenOfficeFamily RoomMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

13.1 x 21.1

Flooring - Hardwood

Dining Room
Lvl First

13.3 x 11.3

Flooring - Hardwood

Kitchen
Lvl First

21.6 x 9.1

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Exterior Access

Office
Lvl First

7.11 x 6.7

Flooring - Hardwood

Family Room
Lvl First

21.6 x 14.3

Flooring - Hardwood

Master Bedroom
Lvl First

16.2 x 11.8

Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl First

10.11 x 12.9

Bedroom 3
Lvl First

12.3 x 10.1

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

8.6 x 7

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

4 x 4.11

Bathroom - Half

Property History

Price Drop
$999,000

Was $1,099,000

Jul 8, 2026

MLS® 73529167

Listed
$1,099,000

Jun 3, 2026

MLS® 73529167

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: 900 sq ft (the lesser of 900 sq ft or half the 1,983 sq ft principal dwelling). Lot size: 73,011 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: The Apex Team

Listing Office: Apex Realty Group, LLC

MLS® Number: 73529167

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