550 Packard St, Lancaster, MA, 01523
About This Home
Welcome to this beautifully maintained ranch in the heart of Lancaster, offering thoughtful updates, flexible living space, and a prime location. This home features 3 bedrooms plus a versatile bonus room, providing plenty of space for your needs. Hardwood floors flow throughout the main level, while the updated kitchen with quality cabinetry opens seamlessly to the living areas, creating an inviting space for everyday living and entertaining.The finished lower level offers a private bonus room with a beautifully renovated bath featuring a walk-in shower, Jacuzzi tub, and custom windows that fill the space with natural light.Enjoy your own backyard retreat with a spacious Trex deck, above-ground saltwater pool, fully fenced yard, and gazebo perfect for relaxing or entertaining. Recent improvements include a new roof (2021), solar panels, upgraded electrical service, generator hookup, a French drain system, and a newer oil tank.Conveniently located next to a local park, close to the new high school, and just minutes from Route 495, this move-in-ready Lancaster home is ready to welcome its next owners.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt/Composition Shingles
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
- Laundry features: Electric Dryer Hookup,Washer Hookup,In Basement
Basement
- Has basement: Yes
- Basement: Full
Bathroom1
- Features: Bathroom - Full, Bathroom - With Tub & Shower
- Level: Main,First
Bathroom2
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Lighting - Overhead, Soaking Tub
- Level: Basement
Bedroom2
- Features: Closet - Linen, Flooring - Hardwood, Window(s) - Picture
- Level: Main,First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Flooring: Hardwood
- Finished area below ground: 600
- Finished area above ground: 960
Heating & Cooling
- Heating features: Baseboard,Oil
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 960
- Total interior livable area: 960 sqft
Kitchen
- Features: Dining Area, Countertops - Upgraded, Breakfast Bar / Nook
- Level: Main,First
Living Room
- Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Balcony - Exterior, Open Floorplan
- Level: Main,First
Master Bedroom
- Features: Closet - Linen, Flooring - Hardwood, Window(s) - Picture
- Level: Main,First
Property
Details
- Parcel number: M:034.0 B:0000 L:0069.0,3762798
- Zoning: 101
Features
- Private pool: Yes
- Pool features: Above Ground
- Patio & porch: Deck - Vinyl
- Exterior features: Deck - Vinyl,Pool - Above Ground,Rain Gutters,Storage,Fenced Yard
- Fencing: Fenced/Enclosed,Fenced
Lot
- Lot size: 0.60 Acres
Parking
- Total spaces: 5
- Parking features: Off Street,Paved
- Has uncovered spaces: Yes
- Uncovered spaces: 5
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
- Cold Wave
- Drought
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
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 | $2,654 | $31,848 |
| Home Insurance * | $196 | $2,352 |
| Property Taxes | $708 | $8,496 |
| Electricity | $354 | $4,259 |
| Total | $3,912 | $46,944 |
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 |
|---|---|---|
| 2026-08-03 | Listed for sale | $525,000 |
| 2014-01-16 | Sold | $240,000 |
| 2013-11-19 | Price change | $249,000 |
| 2013-11-06 | Price change | $254,900 |
| 2013-10-19 | Price change | $254,995 |
| 2013-09-26 | Listed for sale | $269,995 |
| 2009-08-06 | Sold | $218,500 |
| 2009-06-05 | Price change | $219,000 |
| 2009-05-28 | Price change | $219,900 |
| 2009-05-23 | Listed for sale | $229,900 |
| 2007-09-28 | Sold | $220,000 |
| 2005-10-21 | Sold | $233,000 |
| 2004-09-17 | Sold | $130,000 |
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