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48 Grey Lane, Lynnfield MA 01940

Lynnfield, MA 01940 • King James Grant
$2,200,000
Est. $11,709/month
4
Beds
4
Baths
4,889
Sq Ft
$450
Price/Sq Ft
1.03
Acres
1971
Year Built
Single Family Residence
Type
32
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73271666

About this home

Nestled in the King James Grant neighborhood of Lynnfield, this stunning residence is the epitome of luxury & comfort. Impeccably renovated from top to bottom, this home boasts an elegant new kitchen featuring high end appliances, custom cabinetry, & a hidden pantry that blends seamlessly into the open floor plan. The spacious design ensures an effortless flow between the kitchen, dining & living areas, making it perfect for entertaining. W/ over 4 bedrooms and 4 baths, the accommodations are nothing short of exceptional. The 1st floor office provides a quiet sanctuary for working from home, while the vaulted living room, w/ a magnificent stone fireplace, offers a cozy retreat. The finished walkout lower level adds versatility, providing additional space for a media room, gym, or guest quarters. Set on a sprawling 1-acre lot, the exterior is equally impressive. A heated inground pool & expansive grounds offer endless possibilities for outdoors activities & landscaping dreams!

Sale Statistics

Sale Overview
Original List Price: $2,299,900
Final Sale Price: $2,200,000
Difference: $99,900 (-4.3%)
Performance Metrics
95.7%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $470
Sale $/sq ft: $450
This property sold for $450 per square foot
Sale Summary

This property sold for 4.3% below the original asking price.

The property spent 32 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1971
Bedrooms
4
Full Bathrooms
4
Living Area
4,889 sq ft
Total Rooms
10

Interior Features

Flooring
Tile, Hardwood, Wood Laminate, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Laminate
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Dining Room, Family Room, Living Room
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Plumbed For Ice Maker
Interior Features
Recessed Lighting, Lighting - Overhead, Bathroom - Full, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Lighting - Sconce, Slider, Closet/Cabinets - Custom Built, Dining Area, Wet bar, Cabinets - Upgraded, Home Office, Den, Bathroom, Bonus Room, Sitting Room, Wet Bar
Laundry Features
Second Floor, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Interior Entry, Garage Access
Window Features
Skylight
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck - Composite, Patio, Pool - Inground, Pool - Inground Heated, Cabana, Rain Gutters, Sprinkler System, Decorative Lighting, Stone Wall
Patio/Porch Features
Deck - Composite, Patio
Has Spa
No
Pool Features
In Ground, Pool - Inground Heated
Private Pool
Yes
Waterfront Property
No

Lot & Land

Lot Size
1.03 acres
Lot Size
44,862 sq ft
Lot Size Area
1.0300
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Under, Garage Faces Side, Paved Drive, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Water Source
Public, Private
Sewer
Public Sewer, Private Sewer
Electric
200+ Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Subdivision
King James Grant
Community Features
Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$14,071
Tax Year
2024
Tax Assessed Value
$1,338,800
Parcel Number
M:0017 B:0000 L:2418,1980350
Zoning
RC

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Property Condition
Remodeled
Disclosures
All windows have been replaced except for windows located in garage, office & den off kitchen which were newer at the time of purchase. Well water services pool & irrigation system. Seller has never lived in home.
Listing Terms
Contract

Location

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Neighborhood

King James Grant

48 Grey Lane, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Schools

Elementary School
Sss
Rating information coming soon
Middle School
Lms
Rating information coming soon
High School
Lhs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,173
Homeowners Insurance $200
PMI $0

Property History

Market Insights

52.2%
Price Range
34
Total Days on Market
1
Previous Sales

Property Timeline

✓
Sold
Sep 27, 2024
$2,200,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Jul 31, 2024
$2,299,900
Original listing
Agent: Hixon + Bevilacqua Home Group Office: Coldwell Banker Realty - Lynnfield
Previous Transaction - MLS #73164190
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 9, 2023
$1,100,000
MLS #73164190
View Listing →

Price & Status History

Date Event Price Change
Jul 31, 2024 New Listing Added $2,299,900 —
Nov 9, 2023 Sold $1,100,000 —

Market Statistics

Days on Market
32 days
Price per Sq Ft
$450

Tax History

Year Taxes Assessment
2024 $14,071 $1,338,800

Financial Details

Annual Property Tax
$14,071
Tax Year 2024
Assessed Value
$1,338,800

Listing Information

Listing Agent Hixon + Bevilacqua Home Group
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID TM351528
Office MLS ID AN6219

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