7 Freeman St, Lynnfield, MA, 01940
About This Home
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. 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 for a gym, office, or studio. A resort-style backyard with an in-ground pool, expansive patio, and a covered pavilion that defines the outdoor living space, plus a private basketball court. A 1,000+ sq ft detached guest house with 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Materials
- Foundation: Concrete Perimeter,Brick/Mortar
- Roof: Shingle
- Construction materials: Frame,Brick,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Range,Oven,Dishwasher,Disposal,Trash Compactor,Refrigerator
- Laundry features: Gas Dryer Hookup
Basement
- Has basement: Yes
- Basement: Full,Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Features
- Central Vacuum,Sauna/Steam/Hot Tub,Walk-up Attic
- Door features: Insulated Doors
- Window features: Insulated Windows
- Flooring: Wood,Carpet,Other
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area below ground: 1,576
- Finished area above ground: 5,854
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 7,430
- Total interior livable area: 7,430 sqft
Property
Details
- Parcel number: M:0032 B:0000 L:2753,4050048
- Zoning: RB
Features
- Private pool: Yes
- Pool features: Pool - Inground Heated
- 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 spa: Yes
- Spa features: Private
- Fencing: Fenced
Lot
- Lot size: 0.69 Acres
- Features: Level
Parking
- Total spaces: 14
- Parking features: Attached,Off Street
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Uncovered spaces: 11
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
- 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 | $17,166 | $205,992 |
| Home Insurance * | $917 | $11,004 |
| Property Taxes | $2,955 | $35,460 |
| Electricity | $1,465 | $17,581 |
| Total | $22,503 | $270,036 |
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 |
|---|---|---|
| 2026-04-27 | Listed for sale | $3,599,000 |
| 2025-11-25 | Listing removed | $3,799,000 |
| 2025-10-07 | Listed for sale | $3,799,000 |
| 2004-12-02 | Sold | $1,150,000 |
For Sale by Agent
View on Zillow