Active
25 Days on market
16 Lynn St Peabody — Photo 1 of 20

16 Lynn St Peabody — Photo 1 of 20

Recent Drop: $59,000

$589,000
$530,000

$530,000

16 Lynn St, Peabody, MA 01960

Peabody, MA 01960 — South Peabody

Investor Analysis

Beds

2

Baths

2

SqFt

1,221

Style

Single Family

Built

1910

Welcome to this charming single-family colonial. Offering 2 larger bedrooms and 2 full bathrooms and a laundry room/office potential space with a comfortable open concept layout with plenty storage space in the basement. This home combines convenience and comfort from the moment you walk through the door with its abundance of natural sunlight. Step outside to enjoy the fully fenced in spacious back yard-Perfect for gatherings, gardening or simply relaxing. Additional features include a newer furnace within the last 4 years and a new water heater and three additional rooms in the basement with washer/dryer hookups as well. Conveniently located near shopping, dining, public transportation and major highways. A fantastic opportunity to own in a desirable location.Motivated seller!

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$434/sqft
Local Avg (Peabody)$406/sqft
7% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Peabody, MA.

Property Details

Financials

Original Price$589,000
Annual Taxes$4,460

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Hardwood
BasementPartially Finished

Climate & Utilities

HeatingForced Air, Electric Baseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone, Brick/Mortar
ZoningR1A

Property & Lot

Acres0.11
SqFt Lot4,935
Lot FeaturesGentle Sloping

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer/Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2
First
Living RoomKitchenBathroom 1Bathroom 2
Main,First
Primary Bedroom
Living Room
Lvl First

Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl First

Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl Main,First

Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl First

Bathroom - Full

Property History

Price Drop
$530,000

Was $549,000

Sep 15, 2026

MLS® 73567169

Price Drop
$549,000

Was $589,000

Sep 1, 2026

MLS® 73567169

Listed
$589,000

Aug 23, 2026

MLS® 73567169

Population

54,474

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$97K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 611 sq ft (the lesser of 900 sq ft or half the 1,221 sq ft principal dwelling). Lot size: 4,935 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Peabody, MA market report ZIP 01960 market data
Listing Provided By

Listing Agent: Salinah Kent

Listing Office: United Brokers

MLS® Number: 73567169

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