1 Mill Rd, Melrose MA 02176

Melrose, MA 02176

$349,900

Est. $2,572/month

3.51

Acres

Residential

Type

181

Days on Market

Active Price Drop -$50,000 Listed Jun 10, 2025 • MLS# 73388174 Copied!

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About this home

Live your dream and imagine the potential! 1 Mill Rd is a 3 1/2 acre parcel that is looking for its next owner to give it new life. Located in a private area that feels more like New Hampshire than Melrose this property could be the cornerstone of a single grand estate or do your own due diligence on alternate uses.

Property Overview

Property Type

Residential

Listing Type

Land

Facts & Features

Home Facts

Type Land

Style Residential

Lot Size 3.51 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric Nearby

Water Other

Sewer Other

Gas Other (see Remarks)

Other None

Financial

Annual Tax $7,227

Assessed Value $730,000

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Other

Sewer: Other

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Wooded

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

1 Mill Rd, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

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Monthly Payment

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Loan Amount

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Including down payment

Home Price

Down Payment

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Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $602

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

Rate Impact

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Current Rate

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Jun 10, 2025

$349,900

Original listing

Agent: Kristin Weekley Office: Leading Edge Real Estate

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
06/10/2025	🏠 Listed for Sale	$349,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 10, 2025	New Listing Added	$349,900	—

Market Statistics

Days on Market

181 days

Price per Sq Ft

$—

Total Price Drop

-$50,000

Tax History

Year	Taxes	Assessment
2025	$7,227	$730,000

Financial Details

Annual Property Tax

$7,227

Tax Year 2025

Assessed Value

$730,000

Listing Information

Listing Agent Kristin Weekley

Listing Office Leading Edge Real Estate

Agent MLS ID CN215646

Office MLS ID AN4646

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.