242 Lincoln Street Lexington — Photo 1 of 30
$929,000
242 Lincoln Street, Lexington, MA 02421
Lexington, MA 02421
Beds
3
Baths
1
SqFt
1,299
Style
Single Family
Built
1927
Attention Developers and Builders.....Owned by the same family for over 50 years, this home is ready to be transformed for the next family. This well located lot abuts conservation land and is very close to Bridge Elementary School and Lexington High. Whether you are looking for a renovation/addition project, or a new build, this is the one you've been waiting for. The house is set back from the road with an expansive backyard,. The woodwork in the home is the perfect backdrop to the traditional layout with living, dining and kitchen on the first floor and three bedrooms and bath on the second. Bring your ideas and creative vision to make this home your own.
Key facts
It was listed on June 15, 2026. The annual property taxes are $12,334 (2026 tax year). It sits on a 0.27-acre (11,774 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lexington, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Conservation Area • Highway Access
Geography
Questions about this home
When was 242 Lincoln Street, Lexington listed?
242 Lincoln Street, Lexington was listed on June 15, 2026.
Has the price of 242 Lincoln Street, Lexington changed?
The price hasn't changed since it was listed at $929,000.
What are the property taxes for 242 Lincoln Street, Lexington?
The annual property taxes for 242 Lincoln Street, Lexington are $12,334 (2026 tax year).
How big is the lot at 242 Lincoln Street, Lexington?
242 Lincoln Street, Lexington sits on a 0.27-acre (11,774 sq ft) lot.
What is the status of 242 Lincoln Street, Lexington?
242 Lincoln Street, Lexington is actively listed for sale.
Population
18,080
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$228K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
24.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 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: 650 sq ft (the lesser of 900 sq ft or half the 1,299 sq ft principal dwelling). Lot size: 11,774 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: David P. Veo
Listing Office: Freedom Realty Advisors
MLS® Number: 73536069
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