2 Chestnut Terrace Lynn — Photo 1 of 40
Recent Drop: $19,999
$570,000
2 Chestnut Terrace, Lynn, MA 01902
Lynn, MA 01902
Beds
3
Baths
1
SqFt
1,536
Style
Single Family
Built
1900
Welcome to this bright, sun-drenched home with lovely views of Flax Pond! The open-concept living and kitchen area features soaring cathedral ceilings and multiple skylights, creating an airy, inviting space filled with natural light. The kitchen is beautifully appointed with stainless steel appliances, white shaker cabinets, and granite countertops. The spacious main bedroom is conveniently located on the main living level, a true retreat flooded with sunlight throughout the day. The partially finished basement offers flexible space, perfect for a family room, home office, or workout area. Upstairs, you'll find two bedrooms plus a versatile pass-through room ideal for a nursery, office, or creative space. A wonderful opportunity to enjoy comfortable living with scenic pond views!
Key facts
It was listed on February 16, 2026. The price has come down from an original $599,999 to $570,000 across 2 changes, most recently on July 11, 2026. The annual property taxes are $4,333 (2025 tax year). It sits on a 0.04-acre (1,721 sq ft) lot.
Immersive Experience
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater
Neighborhood
Public Transportation • Shopping • Park • Other
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstProperty History
$570,000
Was $589,999
Jul 11, 2026
MLS® 73477442
$589,999
Was $599,999
May 6, 2026
MLS® 73477442
$599,999
Feb 16, 2026
MLS® 73477442
Questions about this home
When was 2 Chestnut Terrace, Lynn listed?
2 Chestnut Terrace, Lynn was listed on February 16, 2026.
Has the price of 2 Chestnut Terrace, Lynn changed?
The price has come down from an original $599,999 to $570,000 across 2 changes, most recently on July 11, 2026.
What are the property taxes for 2 Chestnut Terrace, Lynn?
The annual property taxes for 2 Chestnut Terrace, Lynn are $4,333 (2025 tax year).
How big is the lot at 2 Chestnut Terrace, Lynn?
2 Chestnut Terrace, Lynn sits on a 0.04-acre (1,721 sq ft) lot.
What is the status of 2 Chestnut Terrace, Lynn?
2 Chestnut Terrace, Lynn is actively listed for sale.
Population
50,066
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$67K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
63.1%
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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 1,721 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.
Listing Agent: Marissa Amin
Listing Office: Amo Realty - Boston City Properties
MLS® Number: 73477442
