40 Philip Road, Lexington MA 02421

Lexington, MA 02421
$2,190,000
Est. $11,656/month
4
Beds
4
Baths
4,052
Sq Ft
$540
Price/Sq Ft
0.36
Acres
1966
Year Built
Single Family Residence
Type
7
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73371697

About this home

Nestled on a picturesque 15,500 square foot lot in a sought-after neighborhood, this custom contemporary Cape blends timeless elegance with modern comfort. Surrounded by lush landscaping, this home features a luxurious, heated in-ground pool- an oasis for relaxation and entertaining. The eat-in chef’s kitchen offers quartz counters, a center island, high-end appliances, ample cabinetry, a fireplace, & is complemented by an oversized mudroom. The fireplaced living room is enhanced with cathedral ceilings & skylights, while the elegant dining room, with its own fireplace, sets the stage for memorable holidays. A spacious family room is perfect for both morning coffee & movie nights. With a 1st floor home office/bedroom plus 4 add'l bedrooms-including a private primary suite with dual walk-in closets & large private bath, this home offers both style and function. The walk-out LL includes a gym, rec space, laundry & ample storage. This meticulously maintained home is perfect for any buyer!

Sale Statistics

Sale Overview
Original List Price: $2,079,000
Final Sale Price: $2,190,000
Difference: +$111,000 (+5.3%)
Performance Metrics
105.3%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $513
Sale $/sq ft: $540
This property sold for $540 per square foot
Sale Summary

This property sold for 5.3% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1966
Bedrooms
4
Full Bathrooms
4
Living Area
4,052 sq ft
Total Rooms
10
Levels
Multi/Split

Interior Features

Flooring
Wood, Tile, Laminate, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
3
Interior Features
Recessed Lighting, Closet/Cabinets - Custom Built, Cabinets - Upgraded, Ceiling Fan(s), Bathroom - Full, Bathroom - Tiled With Tub & Shower, Exercise Room, Mud Room, Office, Bathroom
Laundry Features
In Basement
Basement Details
Full, Walk-Out Access

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Patio, Pool - Inground Heated, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Pool Features
Pool - Inground Heated
Private Pool
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.36 acres
Lot Size
15,500 sq ft
Lot Size Area
0.3600
Lot Features
Level

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Heated Garage
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Security System

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$21,757
Tax Year
2025
Tax Assessed Value
$1,779,000
Parcel Number
M:0008 L:000121,547581
Zoning
RS

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Too many updates to list- see attached feature/updates sheet. One bedroom has supplemental baseboard electric heat, not included in # of zones.
Exclusions
Washer/Dryer

Location

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Neighborhood

40 Philip Road, 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 $1,813
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.1%
Price Range
8
Total Days on Market

Property Timeline

Sold
Jul 7, 2025
$2,190,000
Property sold
Days on Market: 8
🏠
Listed for Sale
May 8, 2025
$2,079,000
Original listing
Agent: Martha Sevigny Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
May 8, 2025 New Listing Added $2,079,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$540

Tax History

Year Taxes Assessment
2025 $21,757 $1,779,000

Financial Details

Annual Property Tax
$21,757
Tax Year 2025
Assessed Value
$1,779,000

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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