Active
17 Days on market
550 Packard St Lancaster — Photo 1 of 41
$525,000
550 Packard St, Lancaster, MA 01523
Lancaster, MA 01523
Beds
3
Baths
2
SqFt
960
Style
Single Family
Built
1966
Welcome to this beautifully maintained ranch in the heart of Lancaster, offering thoughtful updates, flexible living space, and a prime location. This home features 3 bedrooms plus a versatile bonus room, providing plenty of space for your needs. Hardwood floors flow throughout the main level, while the updated kitchen with quality cabinetry opens seamlessly to the living areas, creating an inviting space for everyday living and entertaining.The finished lower level offers a private bonus room with a beautifully renovated bath featuring a walk-in shower, Jacuzzi tub, and custom windows that fill the space with natural light.Enjoy your own backyard retreat with a spacious Trex deck, above-ground saltwater pool, fully fenced yard, and gazebo perfect for relaxing or entertaining. Recent improvements include a new roof (2021), solar panels, upgraded electrical service, generator hookup, a French drain system, and a newer oil tank.Conveniently located next to a local park, close to the new high school, and just minutes from Route 495, this move-in-ready Lancaster home is ready to welcome its next owners.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$547/sqft
Local Avg (Lancaster)$287/sqft
91% AboveMarket Average
* Analysis is based on 10 actively listed and recently sold comparable properties strictly within Lancaster, MA.
Property Details
Financials
Original Price$525,000
Annual Taxes$6,159
Parking
Garage0
Off-Street5
Interior Specifications
Total Rooms7
FireplacesNone
FlooringHardwood
BasementFull
Climate & Utilities
HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
RoofAsphalt/Composition Shingles
FoundationConcrete Perimeter
Zoning101
Property & Lot
Acres0.6
SqFt Lot26,136
Lot Features--
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Park • Stable(s) • Highway Access
Geography
Floorplan Breakdown
Structural Layout
First
Bedroom 3
Basement
Bathroom 2
Main,First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Balcony - Exterior, Open Floorplan
Kitchen
Lvl Main,FirstDining Area, Countertops - Upgraded, Breakfast Bar / Nook
Master Bedroom
Lvl Main,FirstCloset - Linen, Flooring - Hardwood, Window(s) - Picture
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl FirstBathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl BasementBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Lighting - Overhead, Soaking Tub
Population
8,606
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$135K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
14.9%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 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: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 26,136 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 Provided By
Listing Agent: Brianna Lacouture
Listing Office: LAER Realty Partners
MLS® Number: 73558312
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