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227 Walnut St, Saugus, MA, 01906

6beds
6baths
7,214sqft
$1,499,000
$208price/sqft
$10,778/moest. monthly cost
$431,120/yrincome needed

About This Home

Discover the prestige of 227 Walnut Street, a distinguished 4 bedroom, 4.5 bath Colonial admired for its commanding presence. Set on 2+ private acres, this custom built estate features an impressive brick exterior, exquisite stonework, and stunning landscaped grounds with an in-ground pool, gazebo, and a detached 2 bedroom carriage house. Inside, a grand entryway leads to sun filled living spaces with three brick fireplaces, expansive windows, and timeless craftsmanship throughout. The beautifully appointed kitchen with enduring style, flows seamlessly to elegant dining and living areas with sparkling crystal chandeliers, a gorgeous sunroom, and custom built bar! Upstairs offers an ensuite primary bedroom, two additional bedrooms, an additional private suite with its own kitchen and bath. With a finished lower level and expansive two car attached garage. A home designed for entertaining and enjoyment, this incredible estate offers exceptional versatility, a one of a kind property!

Getting Around

56
WalkingSomewhat Walkable
24
TransitMinimal Transit
18
BikeSomewhat Bikeable

Schools

4/10
Belmonte STEAM AcademyGrades 2-51.9 mi
4/10
4/10
Saugus High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1976

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Electric Water Heater,Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Stainless Steel Appliance(s),Second Dishwasher
  • Laundry features: Gas Dryer Hookup,Washer Hookup,First Floor

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom1

  • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead, Pedestal Sink
  • Level: First
  • Area: 24.64

Bathroom2

  • Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Lighting - Pendant, Lighting - Overhead
  • Level: Second
  • Area: 133.45

Bathroom3

  • Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Level: Second
  • Area: 56.76

Bedroom2

  • Features: Ceiling Fan(s), Beamed Ceilings, Closet, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Level: Second
  • Area: 209.76

Bedroom3

  • Features: Ceiling Fan(s), Closet, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Level: Second
  • Area: 191.519999999

Bedroom4

  • Features: Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Closet - Double
  • Level: Second
  • Area: 366.52

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead, Archway
  • Level: Main,First
  • Area: 182.709999999

Family Room

  • Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, French Doors, Lighting - Overhead
  • Level: First
  • Area: 258.21

Features

  • Beamed Ceilings,Wet bar,Slider,Lighting - Sconce,Lighting - Overhead,Cathedral Ceiling(s),Ceiling Fan(s),Open Floorplan,Recessed Lighting,Bathroom - Full,Bathroom - Tiled With Tub,Closet,Kitchen Island,Closet - Double,Kitchen,Bathroom,Sun Room,Foyer,Great Room,Internet Available - Unknown
  • Door features: French Doors,Storm Door(s)
  • Window features: Insulated Windows,Screens
  • Flooring: Tile,Hardwood,Stone / Slate,Flooring - Stone/Ceramic Tile,Flooring - Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Master Bedroom
  • Fireplace: Yes
  • Finished area below ground: 1,395
  • Finished area above ground: 5,819

Heating & Cooling

  • Heating features: Baseboard,Electric Baseboard,Natural Gas,Electric,Fireplace
  • Cooling features: Central Air,Wall Unit(s)

Interior Area

  • Total structure area: 7,214
  • Total interior livable area: 7,214 sqft

Kitchen

  • Features: Bathroom - Half, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
  • Level: Main,First
  • Area: 386.65

Living Room

  • Features: Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead, Archway
  • Level: Main,First
  • Area: 269.34

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Level: Second
  • Area: 284.2

Property

Details

  • Parcel number: 2160177
  • Zoning: R1

Features

  • Private pool: Yes
  • Pool features: Pool - Inground Heated
  • Patio & porch: Patio
  • Exterior features: Balcony - Exterior,Patio,Pool - Inground Heated,Rain Gutters,Storage,Professional Landscaping,Decorative Lighting,Screens,Fenced Yard,Gazebo,City View(s),Garden,Guest House,Stone Wall
  • Fencing: Fenced/Enclosed,Fenced
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 2.13 Acres
  • Features: Level

Parking

  • Total spaces: 10
  • Parking features: Attached,Paved Drive,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,579$90,948
Home Insurance *$449$5,388
Property Taxes $1,328$15,936
Electricity $1,422$17,070
Total$10,778$129,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$369,531/yr
40% on housing$323,340/yr
45% on housing$287,413/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 01906$351
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01906$371
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-09Price change$1,799,000
2025-12-12Price change$1,899,000
2025-10-10Listed for sale$1,999,900

For Sale by Agent

AgentDanielle Storella, Berkshire Hathaway HomeServices Commonwealth Real Estate
BrokerageBerkshire Hathaway HomeServices Commonwealth Real Estate

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