$2,079,000

40 Philip Rd Lexington, MA 02421

$10,000
Closing credit¹
4 beds
4 full
4,052 sqft
0.4 acres
$513 / sqft
House

Property details

About 40 Philip Rd

Nestled on a picturesque 15,500 square foot lot in a sought-after neighborhood, this custom contemporary Cape blends timeless elegance with modern comfort. Surrounded by lush landscaping, this home features a luxurious, heated in-ground pool- an oasis for relaxation and entertaining. The eat-in chef’s kitchen offers quartz counters, a center island, high-end appliances, ample cabinetry, a fireplace, & is complemented by an oversized mudroom. The fireplaced living room is enhanced with cathedral ceilings & skylights, while the elegant dining room, with its own fireplace, sets the stage for memorable holidays. A spacious family room is perfect for both morning coffee & movie nights. With a 1st floor home office/bedroom plus 4 add'l bedrooms-including a private primary suite with dual walk-in closets & large private bath, this home offers both style and function. The walk-out LL includes a gym, rec space, laundry & ample storage. This meticulously maintained home is perfect for any buyer!

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Natural Gas
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size4,052 sqft
BasementYes
Lot size0.36 Acres
Year built1966
ParkingAttached, Heated Garage
MLS #73371697
Attached garage2 spaces
Private poolYes

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Flooring Type: Wood, Tile, Laminate, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
  • Interior: Recessed Lighting, Closet/Cabinets - Custom Built, Cabinets - Upgraded, Ceiling Fan(s), Bathroom - Full, Bathroom - Tiled With Tub & Shower, Exercise Room, Mud Room, Office, Bathroom
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Attached, Heated Garage
  • Exterior: Patio, Pool - Inground Heated, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard
  • Architectural Style: Cape
  • Heating: Baseboard, Natural Gas
  • Cooling: Central Air
  • List Price: $2,079,000
  • Price/SqFt: $513
  • Annual Tax Amount: $21,242
  • Tax Year: 2024
  • Lot: Level
  • Directions: Lantern Lane to Philip Road
  • Year Built: 1966
  • Living Area: 4,052 SqFt
  • Lot Size: 0.36 Acres
  • MLS Number: 73371697
  • MLS Name: MLS Property Information Network
  • Office Name: William Raveis R.E. & Home Services
  • Office Phone: (781) 861-9600
  • Listing Agent: Martha Sevigny

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2025, 10:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a front lawn and stone siding

$2,079,000

40 Philip Rd

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 16, 2009
Home Sold
$1,025,000
Dec 16, 2009
Home Sold
$1,025,000
Sep 25, 2006
Home Sold
$1,125,000
Jul 14, 1999
Home Sold
$400,000
Mar 17, 1987
Home Sold
$323,000

Tax history

YearAssessmentProperty Tax
2024$1,734,000$21,242
2023$1,551,000$20,163
2022$1,407,000$19,417
2021$1,353,000$19,470
2020$1,354,000$19,024
2019$1,278,000$18,045

History based on county public records data.

Nearby schools

9

Bowman Elementary School

Public District KG-5

0.3 mi

9 Philip Rd

4

Northeast Elementary School

Public District KG-5

1.3 mi

70 Putney Ln

7

Cyrus E Dallin

Public District KG-5

1.4 mi

185 Florence Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $175,000. Residents of Lexington, MA typically earn $200k+ each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

2%
<35k
29%
35k-100k
22%
100k-200k
47%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
3%
Single, with Kids
39%
Married, No Kids
35%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
8%
18-34 yrs old
47%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40 Philip Rd

The listing price of 40 Philip Rd property is $2,079,000.

The property 40 Philip Rd is a house located in Lexington, Massachusetts, 02421.

Accepting Backup Offers: 40 Philip Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 40 Philip Rd are: Bowman Elementary School (GreatSchools Rating 9/10), Northeast Elementary School (GreatSchools Rating 4/10), Cyrus E Dallin (GreatSchools Rating 7/10), Clarke Middle School (GreatSchools Rating 9/10), John F. Kennedy Middle School (GreatSchools Rating 6/10), Ottoson Middle School (GreatSchools Rating 9/10), Lexingon High School (GreatSchools Rating 10/10), Waltham Sr High School (GreatSchools Rating 3/10), Arlington High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $21,242 (source: MLS/based on county public records data).

The last sale was on December 16, 2009 for $1,025,000 (source: MLS/tax record).

The property at 40 Philip Rd has 4 bedrooms and 4 bathrooms.

The property 40 Philip Rd is 4,052 SqFt (source: MLS/tax record).

The year of construction for 40 Philip Rd is 1966.

This home is located at 40 Philip Rd in Lexington, MA and zip code 02421. This 4,052 square foot home, which was built in 1966, sits on a 0.36 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $2,079,000.

Over 19 listings were sold over their listed price in April 2025 in Lexington, MA. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Lexington, MA increased by 30.9% between March and April 2025. In April 2025 median list price was $1,599,000 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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