For sale

Price cut: $400K (9/29)

$2,995,000

7 Freeman St, Lynnfield, MA 01940

5beds

7,430sqft

$19,575/mo

Get pre-qualified

Single Family Residence

Built in 2002

0.69 Acres Lot

$2,872,000 Zestimate^®

$403/sqft

$-- HOA

What's special

Expansive patioQuiet cul-de-sacTop-floor bonus areaPrivate basketball court

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.

156 days
1,296
56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 6

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Gas Water Heater, Range, Oven, Dishwasher, Disposal, Trash Compactor, Refrigerator
Laundry: Gas Dryer Hookup

Features

Central Vacuum, Sauna/Steam/Hot Tub, Walk-up Attic
Flooring: Wood, Carpet, Other
Doors: Insulated Doors
Windows: Insulated Windows
Basement: Full,Finished
Number of fireplaces: 2

Interior area

Total structure area: 7,430
Total interior livable area: 7,430 sqft
Finished area above ground: 5,854
Finished area below ground: 1,576

Property

Parking

Total spaces: 14
Parking features: Attached, Off Street
Attached garage spaces: 3
Uncovered spaces: 11

Features

Patio & porch: Deck, Patio, Covered
Exterior features: Deck, Patio, Covered Patio/Deck, Balcony, Pool - Inground Heated, Cabana, Hot Tub/Spa, Storage, Professional Landscaping, Sprinkler System, Fenced Yard, Gazebo, Guest House, Outdoor Gas Grill Hookup
Has private pool: Yes
Pool features: Pool - Inground Heated
Has spa: Yes
Spa features: Private
Fencing: Fenced

Lot

Size: 0.69 Acres
Features: Level

Details

Additional structures: Cabana, Gazebo, Guest House
Parcel number: M:0032 B:0000 L:2753,4050048
Zoning: RB

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Frame, Brick, Stone
Foundation: Concrete Perimeter, Brick/Mortar
Roof: Shingle

Condition

Year built: 2002

Utilities & green energy

Electric: Other (See Remarks)
Sewer: Private Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven, for Gas Dryer, Outdoor Gas Grill Hookup

Community & HOA

Community

Features: Shopping, Park, Highway Access, Public School
Security: Security System

HOA

Has HOA: No

Location

Region: Lynnfield

Financial & listing details

Price per square foot: $403/sqft
Tax assessed value: $1,808,500
Annual tax amount: $19,098
Date on market: 4/27/2026

Estimated market value

$2,872,000

$2.73M - $3.02M

Not available

Price history

Date	Event	Price
9/29/2026	Price change	$2,995,000-11.8%$403/sqft
Source: MLS PIN #73508097 Report a problem
5/26/2026	Price change	$3,395,000-5.7%$457/sqft
Source: MLS PIN #73508097 Report a problem
4/27/2026	Listed for sale	$3,599,000-5.3%$484/sqft
Source: MLS PIN #73508097 Report a problem
11/25/2025	Listing removed	$3,799,000$511/sqft
Source: MLS PIN #73440531 Report a problem
10/7/2025	Listed for sale	$3,799,000+230.3%$511/sqft
Source: MLS PIN #73440531 Report a problem
12/2/2004	Sold	$1,150,000$155/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$19,098 +6.7%	$1,808,500 +6.2%
2024	$17,899 +0.5%	$1,703,000 +8%
2023	$17,818	$1,576,800
2022	$17,818 +8.7%	$1,576,800 +27.7%
2021	$16,388 -0.3%	$1,235,000 +4.6%
2020	$16,440 +4.8%	$1,181,000 +4.7%
2019	$15,692 +1.1%	$1,128,100 +0%
2018	$15,520 -0.1%	$1,127,900
2017	$15,542 -0.3%	$1,127,900 +4.9%
2016	$15,590 +0.2%	$1,075,200 +0.1%
2015	$15,562 +3.5%	$1,074,000 +5.5%
2014	$15,039 -0.4%	$1,018,200 0%
2013	$15,094 +2.5%	$1,018,500 -1.3%
2012	$14,721 +5.7%	$1,032,300
2011	$13,926 +4%	$1,032,300 -1%
2010	$13,384 +5.4%	$1,042,400 -7.7%
2009	$12,698 +14.3%	$1,129,700 +2%
2008	$11,112 +2.8%	$1,107,900 -2.5%
2007	$10,807 +0.5%	$1,136,400 +5.2%
2006	$10,758 +17.2%	$1,080,100 +20%
2005	$9,181 +81.3%	$900,100 +116%
2004	$5,064 +103%	$416,800 +129.5%
2001	$2,495	$181,600