3 Franklin Road, Lexington MA 02420

Lexington, MA 02420 • Merriam Hill

$2,600,000

3

Beds

3.5

Baths

3,903

Sq Ft

$666

Price/Sq Ft

0.87

Acres

1956

Year Built

2

Garage Spaces

Single Family Residence

Type

34

Days on Market

Sold Listed Mar 11, 2026 • MLS# 73485566 Copied! • Updated Jun 6, 2026

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Sale Statistics

Sale Overview

Original List Price: $2,880,000

                            Final Sale Price:
                            $2,600,000
                        

Difference: $280,000 (-9.7%)

Performance Metrics

90.3%

List to Sale Ratio

Sold below asking price

34

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $738

                            Sale $/sq ft:
                            $666
                        

This property sold for $666 per square foot

Sale Summary

This property sold for 9.7% below the original asking price.

The property spent 34 days on market before selling.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property

$666/sq ft

Area Median

$612/sq ft

Difference

+8.9%

This property sold slightly above the area median for similar homes.

About this home

One of Merriam Hill's most admired properties beautifully sited on over 3/4 of an acre. This special home has a large 1st floor suite, grand living areas, amazing built-ins, beautiful grounds and is in a sought after location convenient to town center, schools, the Minuteman Bikeway, conservation and recreation areas and major routes. This carefully maintained and updated home will meet your needs and more. There's a recently renovated cathedral ceilinged kitchen with quartz counters, wine cooler, induction cooktop, hardwood floors, breakfast island and eating area with a bay window providing neighborhood views. A heart of the home combination DR and family room with cathedral ceilings, gorgeous built-in cabinetry and access to a private bluestone patio. The skylit primary suite has a walk-in closet, double closets, built-in bookcases, sitting area and a spacious bath with shower and soaking tub. This 1st level also has a lovely fireplaced formal living room w/ arched display cabinets.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

1

Price Changes

99.8%

Price Range

Property Timeline

Current Active Listing - MLS #73578010

Full transaction history available when tracking began

🏡

Currently Listed

Sep 16, 2026

$6,800

MLS #73578010 - Active

View Listing →

📋

Status: Active under contract

Apr 8, 2026

Active → Active Under Contract

⏳

Pending Sale

Apr 7, 2026

Offer accepted, sale pending

↓

Price Reduced

Mar 19, 2026

$2,750,000 $130,000 (-4.51%)

From $2,880,000 to $2,750,000 (-4.5%)

🏠

Listed for Sale

Mar 11, 2026

$2,880,000

Original listing

Agent: Lester Savage Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Date	Event	Price	Change	$/sqft	Details
09/16/2026	🏡 Currently Listed	$6,800	-	-	MLS #73578010 - Active
04/08/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
04/07/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
03/19/2026	↓ Price Reduced	$2,750,000	$130,000	-	From $2,880,000 to $2,750,000 (-4.5%)
03/11/2026	🏠 Listed for Sale	$2,880,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2026	$29,864	$2,426,000

Financial Details

Annual Property Tax

$29,864

Tax Year 2026

Assessed Value

$2,426,000

Facts & Features

2 Car Garage

Central AC

Home Facts

Type Residential

Style Single Family Residence

Year Built 1956

Living Area 3,903 sq ft

Lot Size 0.87 acres

Bedrooms 3

Full Baths 3

Half Baths 1

Total Rooms 8

Interior

Heating Central, Baseboard, Electric Baseboard, Hot Water, Natural Gas, Fireplace

Cooling Central Air, 3 Or More, Ductless

Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet, Flooring - Hardwood, Flooring - Stone/ceramic Tile

Appliances Gas Water Heater, Tankless Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood

Fireplace Family Room, Living Room

Fireplaces 3

Basement Partial, Partially Finished, Interior Entry, Radon Remediation System, Concrete

Laundry Flooring - Stone/ceramic Tile, Lighting - Overhead, In Basement, Electric Dryer Hookup, Washer Hookup

Features Closet/cabinets - Custom Built, Lighting - Overhead, Crown Molding, Open Floorplan, Bathroom - Half, Den, Home Office, Play Room, Mud Room, Walk-up Attic, Internet Available - Unknown

Exterior

Construction Frame

Architecture Cape

Roof Shingle, Rubber

Features Porch, Deck - Roof, Patio, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Stone Wall

Pool None

Spa None

Fencing None

Patio/Porch Porch, Deck - Roof, Patio

Parking

Garage Spaces 2

Has Garage Yes

Features Attached, Garage Door Opener, Workshop In Garage, Garage Faces Side, Paved Drive, Off Street

Total Spaces 10

Utilities

Electric 220 Volts, Circuit Breakers, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $29,864

Assessed Value $2,426,000

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

House Color Tan

Sq Ft Source Measured

Documents None

County Middlesex

Total market time (incl. prior listings) 35 days

Property Overview

Property Type

Single Family Residence

Listing Type

Sold

Year Built

1956

Bedrooms

3

Full Bathrooms

3

Half Bathrooms

1

Living Area

3,903 sq ft

Total Rooms

8

Main Level Bedrooms

1

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood, Flooring - Stone/Ceramic Tile

Appliances: Gas Water Heater, Tankless Water Heater, Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood

Interior Features: Closet/Cabinets - Custom Built, Lighting - Overhead, Crown Molding, Open Floorplan, Bathroom - Half, Den, Home Office, Play Room, Mud Room, Walk-up Attic, Internet Available - Unknown

Windows: Insulated Windows, Storm Window(s)

Basement: Partial, Partially Finished, Interior Entry, Radon Remediation System, Concrete

Laundry: Flooring - Stone/Ceramic Tile, Lighting - Overhead, In Basement, Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Style: Cape

Year Built: 1956

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Rubber

Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Central, Baseboard, Electric Baseboard, Hot Water, Natural Gas, Fireplace

Heating Zones: 6

Cooling: Central Air, 3 or More, Ductless

Cooling Zones: 4

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Roof, Patio, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Stone Wall

Patio & Porch: Porch, Deck - Roof, Patio

Fencing:

Other Structures: Workshop

Lot Features: Wooded, Gentle Sloping

Road Frontage: 205.00 ft

Road Surface: Paved

Parking & Garage

Garage Spaces: 2

Garage Type: Attached

Total Parking Spaces: 10

Parking Features: Attached, Garage Door Opener, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street

Special Features

Fireplaces: 3

Fireplace Type: Family Room, Living Room

View: Yes

View Type: Scenic View(s)

Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School

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Location

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Neighborhood

Merriam Hill

3 Franklin Road, Lexington MA 02420

Lexington, MA 02420

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