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2 Laurel St, Lexington, MA, 02421

4beds
3baths
2,544sqft
$1,650,000
$649price/sqft
$10,736/moest. monthly cost
$429,440/yrincome needed

About This Home

Perfectly positioned on a peaceful residential street, 2 Laurel Street offers the rare combination of privacy, recreation, and effortless connectivity. Spend weekends exploring the Minuteman Bikeway, local conservation trails, and Lexington's vibrant town center, then enjoy a straightforward commute to Boston, Cambridge, and the Route 128 technology corridor. It's a location designed for those who value both tranquility and convenience.This well-maintained and updated Colonial hits a sweet spot for Lexington buyers: the lot is large at almost .4 acres and the home is modern enough that you’re not inheriting major renovation projects, but not priced like new construction. You’re looking at over 2,500 sq ft with 4 bedrooms and 2.5 baths, laid out in a very functional, traditional floor plan. The main level centers around an updated, open kitchen and family room with a cathedral ceiling and gas fireplace. There’s also a formal dining room and additional living space, so it works well whether you entertain or just want separation.Upstairs, the 3 bedroom + office layout is practical and the primary suite offers a renovated bathroom suite with a double vanity. The partially finished basement gives you flexibility—playroom, office, or gym—without being fully counted living space. Enjoy the 2 car garage with additional driveway parking, outdoor deck, and large yard.What to love about this location:- Quiet neighborhood setting- Minutes to Lexington Center- Close to the Minuteman Bikeway- Easy access to Route 128 & Cambridge- Highly regarded Lexington schoolsParks, trails, shopping, and dining nearbyAdditional information:- 1997 home age - windows and roof original- Kitchen renovated in 2023, primary bath 2018, recently repainted, New 2026 Samsung washer- 2 zone heating and cooling, one system is newer and the other is original. Developer was Cornerstone Concepts. ***Sellers wish to ***close end of October, 2026***. Offers will be due Tuesday, August 11 by 6pm. ***

Getting Around

23
WalkingCar-Dependent
27
TransitSome Transit
59
BikeBikeable

Schools

9/10
Wm Diamond Middle SchoolGrades 6-80.9 mi
10/10
Lexington High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Laundry features: Second Floor

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Concrete

Bathroom2

  • Level: Second
  • Area: 81

Bedroom2

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 182

Bedroom3

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 196

Bedroom4

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 126

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood
  • Level: Main,First
  • Area: 169

Family Room

  • Features: Vaulted Ceiling(s), Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan
  • Level: Main,First
  • Area: 192

Features

  • Window features: Insulated Windows
  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area above ground: 2,544

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,544
  • Total interior livable area: 2,544 sqft

Kitchen

  • Features: Bathroom - Half, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan, Remodeled, Gas Stove
  • Level: First
  • Area: 169

Living Room

  • Features: Flooring - Hardwood, Crown Molding
  • Level: First
  • Area: 221

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 234

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: 557439
  • Zoning: RES

Features

  • Patio & porch: Deck - Wood,Deck - Composite
  • Exterior features: Deck - Wood,Deck - Composite
  • Has view: Yes
  • View description: Scenic View(s)

Lot

  • Lot size: 0.39 Acres
  • Features: Corner Lot,Wooded

Parking

  • Total spaces: 6
  • Parking features: Attached,Under,Garage Door Opener,Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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

  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Hurricane
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 $8,343$100,116
Home Insurance *$214$2,568
Property Taxes $1,678$20,136
Electricity $501$6,019
Total$10,736$128,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$368,091/yr
40% on housing$322,080/yr
45% on housing$286,293/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: 7.6%
7.6%
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

$649This listing

vs Other Active Listings

Avg $/sqft

ZIP 02421$575
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02421$582
Middlesex County$413

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)

Price History

DateEventPrice
2026-08-13Contingent$1,650,000
2026-08-02Listed for sale$1,650,000
2003-02-28Sold$840,000
1997-02-05Sold$519,000
1996-07-15Sold$200,000

For Sale by Agent

AgentJoshua Stiles
BrokerageCompass

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