- 3
- beds
- 1
- baths
- 1,248
- sqft
- 1939
- year built
- Status:
- New
- MLS #:
- 73601203
- Neighborhood:
- Horace Mann
- County:
- Middlesex
- Listed By:
- Sheryl Bird - Brad Hutchinson Real Estate
- Agent Phone:
- (781) 724-2527
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
A Melrose classic with charm, potential & room to make it your own! Welcome to Horace Mann, one of Melrose’s desirable neighborhoods, where this well-loved side entrance Colonial is ready to welcome its next owner! Move-in ready with 6 rooms and 3 bedrooms, this is a wonderful opportunity to put down roots in a fantastic location. The finished sun room (side porch) is a standout feature, offering a bright, versatile space that the current owner has enjoyed as a home office. Whether you envision a dedicated workspace, a cozy reading nook, or a sunny spot to enjoy your morning coffee, this bonus space offers plenty of possibilities to make it your own! Fresh paint throughout gives this home a crisp, refreshed feel. Step outside to enjoy the privacy of the fenced-in yard and the deck off the kitchen — perfect for morning coffee, summer dinners, and relaxing outdoors. The big things have been taken care of, too! Improvements include insulation added throughout the walls and attic, a newer roof, updated kitchen and bath, replacement water heater, and refreshed front steps and walkway. The unfinished basement offers laundry and additional storage, with even more storage available in the garage-type area. Shared driveway parking accommodates up to three cars at the lower end. Commuters will appreciate the convenient public transportation options, with bus service to Oak Grove T Station just up the street, offering access to the Orange Line, or the option to catch the Commuter Rail into Boston. Whether you’re buying your first home or looking for a place to settle into a wonderful Melrose neighborhood, this charming Colonial offers a welcoming start, thoughtful updates, and exciting possibilities for the future. Move right in, make yourself at home, and enjoy all that Melrose has to offer!
Highlights
- Residential
- Single Family Residence
- Built in 1939
- 0.13 Acre Lot
- Newly Listed
-
- Bedrooms
- 3
-
- Bathrooms
- 1
-
- Year Built
- 1939
-
- Architectural Style
- Colonial
-
- Construction Materials
- Frame
-
- Foundation
- Block
-
- Parking Features
- Paved, Off Street, Shared Driveway
-
- Living Area
- 1248.0
-
- Interior Features
- Ceiling Fan(s), Crown Molding
-
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Disposal, Gas Water Heater
-
- Flooring
- Hardwood
-
- Patio And Porch
- Deck, Porch, Enclosed
-
- Cooling
- Ceiling Fan(s), Window Unit(s)
-
- Heating
- Natural Gas, Hot Water
-
- Basement
- Full, Walk-Out Access, Unfinished, Concrete
-
- Acres
- 0.13
-
- Water
- Public
-
- County
- Middlesex
-
- City
- Melrose
-
- Neighborhood
- Horace Mann
-
- Zip Code
- 02176
-
Nearby Schools
-
52out of 100
-
65out of 100
-
47out of 100
-
54out of 100
-
52out of 100
-
50out of 100
-
69out of 100
-
68out of 100
-
49out of 100
-
98out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 11/11/2026 | Listed | $849,900 |
| Source: MLS Property Information Network (MLS PIN) #73601203 | ||
Source: MLS Data
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There are currently 89 properties available in Melrose, with 2 under contract to close soon. Properties in the city have an average sale price of $908,923 and typically spend 77 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 40 E Highland Ave?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 1 bath, listed for $849,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Melrose, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 40 E Highland Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 40 E Highland Ave at around $5,585. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 40 E Highland Ave?
In most cases, yes. Whether 40 E Highland Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Melrose's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 40 E Highland Ave?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $849,900 with 1,248 sqft of space—that comes out to approximately $681 per square foot.
How long has this property been on the market?
40 E Highland Ave was listed on November 11, 2026, which means it's been on the market for 0 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1939, making it approximately 87 years old.
What is the lot size of this property?
40 E Highland Ave sits on a 0.13-acre lot, which is 5,663 square feet.
What are the property taxes for 40 E Highland Ave?
The most recent public record shows annual property taxes for 40 E Highland Ave were approximately $8,976. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 40 E Highland Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Property Information Network (MLS PIN). All rights reserved.
Last Updated: November 11, 2026 at 11:14PM | Source: MLS Property Information Network (MLS PIN) | MLS#: 73601203
