$1,299,000

5 Magnolia Dr Lynnfield, MA 01940

$10,000
Closing credit¹
3 beds
2 full, 1 partial
4,035 sqft
0.6 acres
$322 / sqft
House

Property details

About 5 Magnolia Dr

“This charming three-bedroom, 2.5-bath Cape-style home boasts 4,035 sq. ft. of living space on a private 0.64-acre lot in a picturesque neighborhood. Lovingly maintained by its original owner, this home offers a thoughtful layout that perfectly balances comfort and functionality. The first floor features a spacious family room, an elegant living room, a well-appointed kitchen, and a serene master bedroom suite. Upstairs, two additional bedrooms and a generous unfinished attic provide endless possibilities for customization, from additional living space to a creative studio. The finished basement adds versatile space for entertainment, a home office, or extra storage. A two-car garage offers convenience, while the beautifully landscaped yard ensures privacy and a tranquil outdoor retreat. With its timeless charm, prime location, and potential for personalization, this exceptional home is truly a rare find.”

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Oil
StatusActive
(New)
CoolingCentral Air
Size4,035 sqft
BasementYes
Lot size0.64 Acres
Year built1984
ParkingAttached, Paved Drive, Paved
MLS #73343408
Attached garage2 spaces
FireplaceLiving Room

Summary

  • MLS Number: 73343408
  • MLS Name: MLS Property Information Network
  • Office Name: Coldwell Banker Realty - Lynnfield
  • Office Phone: (781) 334-5700
  • Listing Agent: Louise Touchette Team

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: 3/13/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with brick siding, a chimney, a front lawn, and a shingled roof

$1,299,000

5 Magnolia Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,196,900$12,579
2023$1,089,300$12,309
2022$1,026,100$12,303
2021$928,900$12,327
2020$881,300$12,268
2019$853,300$11,869

History based on county public records data.

Nearby schools

5

Huckleberry Hill Elementary School

Public District KG-4

0.6 mi

5 Knoll Rd

6

John E. McCarthy Elementary School

Public District PK-5

1.1 mi

76 Lake St

9

Summer Street Elementary School

Public District KG-4

1.1 mi

262 Summer St

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 $100,852. Residents of Lynnfield, MA typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

7%
<35k
43%
35k-100k
29%
100k-200k
21%
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?

25%
Single, No Kids
7%
Single, with Kids
39%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
12%
12-17 yrs old
12%
18-34 yrs old
47%
35-64 yrs old
17%
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 5 Magnolia Dr

This home is located at 5 Magnolia Dr in Lynnfield, MA and zip code 01940. This 4,035 square foot home, which was built in 1984, sits on a 0.64 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $1,299,000.

While more than 3 listings in Lynnfield, MA in February 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between January and February 2025, Lynnfield, MA real estate market has seen decrease in the number of listings by 12.5%. Listings spent 28 days on the market in February 2025, and had a median list price of $940,000 during the same period.

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

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