7 Freeman St Lynnfield — Photo 1 of 39
Recent Drop: $400,000
$2,995,000
7 Freeman St, Lynnfield, MA 01940
Lynnfield, MA 01940
Beds
5
Baths
6
SqFt
7,430
Style
Single Family
Built
2002
Set at the end of a quiet cul-de-sac, this 5-bedroom, 6-bath residence offers space, privacy, and a true indoor-outdoor lifestyle and is being offered fully furnished for a seamless, move-in-ready experience. A dramatic two-story foyer with a sweeping staircase leads into spacious, defined living areas with a natural flow for everyday living and entertaining. With over 6,300 sq ft, the home includes a finished lower level with a theatre room and recreation space, plus a top-floor bonus area ideal for a gym, office, or studio. A resort-style backyard features an in-ground pool, expansive patio, covered pavilion that defines the outdoor living space, and a private basketball court. A 1,000+ sq ft detached guest house with a full kitchen, bedroom, bath, and laundry offers flexibility for extended stays or guests. Convenient access to major routes and nearby amenities. A standout property offering space, function, and a strong indoor-outdoor lifestyle.
Key facts
It was listed on April 27, 2026. The price has come down from an original $3,599,000 to $2,995,000 across 2 changes, most recently on September 29, 2026. The annual property taxes are $19,098 (2025 tax year). It sits on a 0.69-acre (30,048 sq ft) lot.
Open Houses
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
Amenities & Appliances
Gas Water Heater • Range • Oven • Dishwasher • Disposal • Trash Compactor • Refrigerator
Neighborhood
Shopping • Park • Highway Access • Public School
Geography
Property History
$2,995,000
Was $3,395,000
Sep 29, 2026
MLS® 73508097
$3,395,000
Was $3,599,000
May 26, 2026
MLS® 73508097
$3,599,000
Apr 27, 2026
MLS® 73508097
Questions about this home
When was 7 Freeman St, Lynnfield listed?
7 Freeman St, Lynnfield was listed on April 27, 2026.
Has the price of 7 Freeman St, Lynnfield changed?
The price has come down from an original $3,599,000 to $2,995,000 across 2 changes, most recently on September 29, 2026.
What are the property taxes for 7 Freeman St, Lynnfield?
The annual property taxes for 7 Freeman St, Lynnfield are $19,098 (2025 tax year).
How big is the lot at 7 Freeman St, Lynnfield?
7 Freeman St, Lynnfield sits on a 0.69-acre (30,048 sq ft) lot.
What is the status of 7 Freeman St, Lynnfield?
7 Freeman 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 7,430 sq ft principal dwelling). Lot size: 30,048 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: The Sarkis Team
Listing Office: Douglas Elliman Real Estate - The Sarkis Team
MLS® Number: 73508097
