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I'm Andrew Goldberg, a Boston real estate advisor specializing in first-time buyers across Greater Boston. I guide you A to Z—from first search to closing day.

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Commonwealth Standard Realty Advisors

© 2026 Andrew Goldberg. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 2 Chestnut Terrace, Lynn, MA 01902
Active
192 Days on market
2 Chestnut Terrace Lynn — Photo 1 of 40

2 Chestnut Terrace Lynn — Photo 1 of 40

Recent Drop: $29,999

$599,999
$570,000

$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!

Immersive Experience

Virtual Tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$371/sqft
Local Avg (Lynn)$422/sqft
12% BelowMarket Average

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

Property Details

Financials

Original Price$599,999
Annual Taxes$4,333

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
Flooring--
BasementPartial

Climate & Utilities

HeatingForced Air
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningR2

Property & Lot

Acres0.04
SqFt Lot1,721
Lot FeaturesOther

Amenities & Appliances

Gas Water Heater

Neighborhood

Public Transportation • Shopping • Park • Other

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First

Property History

Price Drop
$570,000

Was $589,999

Jul 11, 2026

MLS® 73477442

Price Drop
$589,999

Was $599,999

May 6, 2026

MLS® 73477442

Listed
$599,999

Feb 16, 2026

MLS® 73477442

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

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '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.

Full Lynn, MA market report ZIP 01902 market data
Listing Provided By

Listing Agent: Marissa Amin

Listing Office: Boston City Properties

MLS® Number: 73477442

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