1 Fairbanks Rd, Lexington MA 02421

Lexington, MA 02421
$2,400,000
Est. $12,774/month
5
Beds
4.5
Baths
6,087
Sq Ft
$394
Price/Sq Ft
0.38
Acres
2006
Year Built
Single Family Residence
Type
61
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73172007

About this home

This elegant home is situated on a corner lot in a highly desirable neighborhood and offers the perfect blend of classic charm and modern amenities. A spacious foyer is surrounded by a formal living room and gracious dining room. The cherry and granite chef's kitchen is a standout, complete with fireplace-adorned sitting area. A dramatic two-story family room takes center stage on this floor, providing a stunning focal point for the entire home. Additionally, there is an en-suite bedroom, making it ideal for guests or home office. Upstairs, the primary bedroom is truly impressive, featuring a fireplace, expansive bathroom, sitting room and walk-in closet. There are also three additional bedrooms and two full baths. The finished third floor & lower level provide a wealth of additional living space. Outside, this home features a fenced in yard with a deck and patio, offering ideal space for entertaining. Located in close proximity to schools and major routes, this home truly has it all!

Sale Statistics

Sale Overview
Original List Price: $2,675,000
Final Sale Price: $2,400,000
Difference: $275,000 (-10.3%)
Performance Metrics
89.7%
List to Sale Ratio
Sold below asking price
61
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $439
Sale $/sq ft: $394
This property sold for $394 per square foot
Sale Summary

This property sold for 10.3% below the original asking price.

The property spent 61 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
2006
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
6,087 sq ft
Total Rooms
11

Interior Features

Flooring
Wood, Tile, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
Heating
Electric, Hydro Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room, Kitchen, Master Bedroom
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Water Heater
Interior Features
Bathroom - Full, Bathroom - With Tub & Shower, Recessed Lighting, Closet, Bathroom, Bonus Room
Laundry Features
Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, Second Floor
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Deck, Patio, Sprinkler System, Fenced Yard
Patio/Porch Features
Porch, Deck, Patio
Fencing
Fenced
Spa Features
Jacuzzi / Whirlpool Soaking Tub
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.38 acres
Lot Size
16,414 sq ft
Lot Size Area
0.3800
Lot Features
Corner Lot, Level

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Attached
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$29,172
Tax Year
2023
Tax Assessed Value
$2,244,000
Parcel Number
M:0026 L:000025,550049
Zoning
RS

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Washer & dryer included in sale, piano is negotiable, lower level heat is electric baseboard. Part of 3rd garage space, converted to mudroom.

Location

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Neighborhood

1 Fairbanks Rd, Lexington MA 02421

Lexington, MA 02421

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,431
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.6%
Price Range
63
Total Days on Market

Property Timeline

Sold
Feb 14, 2024
$2,400,000
Property sold
Days on Market: 63
🏠
Listed for Sale
Oct 19, 2023
$2,569,000
Original listing
Agent: Martha Sevigny Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Oct 19, 2023 New Listing Added $2,569,000

Market Statistics

Days on Market
61 days
Price per Sq Ft
$394

Tax History

Year Taxes Assessment
2023 $29,172 $2,244,000

Financial Details

Annual Property Tax
$29,172
Tax Year 2023
Assessed Value
$2,244,000

Listing Information

Listing Agent Martha Sevigny
Listing Office William Raveis R.E. & Home Services
Agent MLS ID CN242809
Office MLS ID M95353

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