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331 Mystic St, Arlington MA 02474

Arlington, MA 02474
$3,495,000
Est. $21,320/month
4
Beds
4.5
Baths
4,260
Sq Ft
$820
Price/Sq Ft
0.95
Acres
1940
Year Built
2 hours 14 minutes
Time on Market
Active Listed May 12, 2026 • MLS# 73516690 Copied!

About this home

Rare waterfront living on the Mystic Lakes. This exceptional, secluded residence offers a lifestyle centered around nature, relaxation, and creating generations of memories. Filled with natural light and stunning water views, the home features spacious living and dining areas ideal for everyday living and entertaining. The family room showcases a dramatic picture window overlooking the water with access to a deck perfect for gatherings. A well-appointed kitchen and dedicated home office add comfort and functionality. Upstairs are 4+ spacious bedrooms including a beautiful primary suite retreat. A third-floor artist studio and expansive basement workshop offer exceptional flexibility. For the car enthusiast there is a 4 car garage . Enjoy decades of memories and a legacy lifestyle steps to the water invite kayaking, paddleboarding, boating, fishing, and year-round enjoyment of this extraordinary waterfront setting. Convenient to Cambridge and beyond.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1940
Bedrooms
4
Full Bathrooms
4
Half Bathrooms
1
Living Area
4,260 sq ft
Total Rooms
14

Facts & Features

4 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1940
Living Area 4,260 sq ft
Lot Size 0.95 acres
Bedrooms 4
Full Baths 4
Half Baths 1
Total Rooms 14

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Stone/ceramic Tile, Flooring - Hardwood
Appliances Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Dining Room, Living Room
Fireplaces 2
Basement Full, Finished, Walk-out Access, Interior Entry, Concrete
Laundry In Basement
Features Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Recessed Lighting, Closet, Bathroom, Home Office, Loft, Foyer

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Patio, Rain Gutters, Professional Landscaping, Screens
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Garage Spaces 4
Has Garage Yes
Features Attached, Detached, Garage Door Opener, Storage, Garage Faces Side, Oversized, Paved Drive, Off Street, Driveway, Paved
Total Spaces 8

Utilities

Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $41,367
Assessed Value $3,821,100

Interior Features

Flooring: Tile, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Appliances: Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Recessed Lighting, Closet, Bathroom, Home Office, Loft, Foyer
Windows: Skylight, Insulated Windows, Screens
Basement: Full, Finished, Walk-Out Access, Interior Entry, Concrete
Laundry: In Basement
Security:

Construction & Materials

Style: Colonial
Year Built: 1940
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Patio, Rain Gutters, Professional Landscaping, Screens
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features: Sloped
Road Surface: Paved

Parking & Garage

Garage Spaces: 4
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Attached, Detached, Garage Door Opener, Storage, Garage Faces Side, Oversized, Paved Drive, Off Street, Driveway, Paved

Special Features

Fireplaces: 2
Fireplace Type: Dining Room, Living Room
Waterfront: Yes
Waterfront Type: Waterfront, Lake, Frontage, Direct Access
View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Public School

Location

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Neighborhood

331 Mystic St, Arlington MA 02474

Arlington, MA 02474

Walkability

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Nearby Schools

School District
Arlington School District local
A+
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

3 schools
A+
John A Bishop School
0.3 mi | #52 of 824 | Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students Diverse
Grades K-05
A-
M. Norcross Stratton Elementary School
0.8 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
St. Agnes Elementary School
0.9 mi
Grades K-08
M

Middle Schools

3 schools
A+
Gibbs School
1.3 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students Diverse
Strong Attendance
Grades 06
A+
Ottoson Middle School
1.3 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
A+
McCall Middle School
1.7 mi | #16 of 352 | Score: 62.4
Dropped 3 spots from last year
+4.2 above state avg
1,036 students Diverse
Strong Attendance
Grades 06-08
H

High Schools

3 schools
Arlington Catholic High School
0.9 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
A-
Medford High School
1.3 mi | #94 of 346 | Score: 60.6
Improved 24 spots from last year
+2.3 above state avg
1,195 students Diverse
19 sports • 1,212 athletes
Strong AP Program Rising School Career Tech Programs College Ready Curriculum
Grades PK-12
Le Sallay Studies
1.7 mi
Grades 06-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $3,447
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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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
May 12, 2026
$3,495,000
Original listing
Agent: Steve McKenna & The Home Advantage Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
May 12, 2026 New Listing Added $3,495,000

Market Statistics

Time on Market
2 hours 14 minutes
Price per Sq Ft
$820

Tax History

Year Taxes Assessment
2026 $41,367 $3,821,100

Financial Details

Annual Property Tax
$41,367
Tax Year 2026
Assessed Value
$3,821,100

Listing Information

Listing Agent Steve McKenna & The Home Advantage Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM336360
Office MLS ID AN6101
Listing Data Updated May 12, 2026 10:22 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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