




297 Elm St, Somerset, MA, 02726
About This Home
TWO SEPARATE HOMES ON ONE LOT! This unique property offers incredible flexibility with two distinct residences connected by an enclosed hallway through the garage. Perfect for extended family, multi-generational living, an in-law arrangement, or anyone looking for additional living space.The main raised ranch features an open floor plan with an eat-in kitchen, dining area, and living room with a wood-burning fireplace. The second floor offers three bedrooms, one full bathroom, and central air conditioning. The finished lower level provides additional living space with a second wood-burning fireplace, divided family room, and access to the two-car garage.The second residence offers its own separate living space with an open-concept eat-in kitchen and living room on the upper level. The primary bedroom is located on the second floor and includes access to a private deck. The finished lower level features two additional bedrooms, a full bathroom, bonus room, and separate utility/laundry room.With two homes on one lot, this property provides exceptional versatility and privacy while keeping the residences conveniently connected. Whether you're looking for space for extended family, a multi-generational setup, or additional living accommodations, the possibilities are endless.Both homes also feature solar panels, helping reduce electric costs. The solar agreements are transferable to the new owner, providing the potential for continued energy savings.A rare opportunity to own two residences on one property—come see the possibilities!
Getting Around
Schools
Construction
Condition
- Year built: 1977
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: Frame,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater,Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area below ground: 2,052
- Finished area above ground: 2,248
Heating & Cooling
- Heating features: Oil,Natural Gas,Active Solar
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total structure area: 2,164
- Total interior livable area: 2,164 sqft
Property
Details
- Parcel number: M:0E3 L:0046,2953986
- Zoning: R1
Lot
- Lot size: 0.52 Acres
- Features: Cleared
Parking
- Total spaces: 6
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,045 | $48,540 |
| Home Insurance * | $293 | $3,516 |
| Property Taxes | $890 | $10,680 |
| Electricity | $426 | $5,120 |
| Total | $5,654 | $67,848 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Price change | $799,999 |
| 2026-06-26 | Price change | $900,000 |
| 2026-05-31 | Listed for sale | $950,000 |
