Exceptional and rare opportunity in one of Lynnfield’s most desirable neighborhoods. This 4-BR/3BA Colonial offers over 3,300 sq ft, combining classic design with extensive recent improvements that enhance comfort & long-term value. The home features multiple living areas, sunlight-filled rooms, an updated kitchen with granite countertops/stainless steel appliances & a sun-drenched solarium overlooking a private backyard. Recent upgrades—including high-efficiency mini-split systems, electrical improvements, insulation, and interior paint throughout 1st & 2nd floors provide a level of investment rarely found at this price point. The lower-level recreation room is currently unfinished, offering excellent potential for future living space and square footage expansion. Ideally located near MarketStreet Lynnfield, parks, major commuter routes 128/93 & access to Lynnfield public schools. Open Houses Fri 5/1 5-6:30PM, Sat 5/2 12-1:30 & Sun 5/3 12-1:30 or Private Showings by appointment.
This home has been viewed 3 times
Last Checked: May 6th, 2026 at 8:18am (Source: MLS PIN #73509078)
Garage Parking
Green Features
Air Conditioning
Lead Paint Free
General Information for 16 Fernway, Lynnfield MA 01940
Listing ID73509078
Property TypeSingle Family / Detached
Price$1,200,000 ($354.3/SqFt)
StyleColonial
CityLynnfield
CountyEssex
Neighborhood(s)Ipswich
Garage Parking2
ZoningRA
Year Built1963
Year Built SourcePublic Records
Year Built DetailsApproximate
Interior Features for 16 Fernway, Lynnfield MA 01940
Approximate Living Area Total3387
Living Area Includes BasementYes
Rooms8
Bedrooms4
Primary En Suite BathroomYes
BasementFull
Cooling1, Split
Fireplaces
AppliancesRange
FlooringTile
Electric220 Volts
Exterior Features for 16 Fernway, Lynnfield MA 01940
Approximate Lot Size (Acres)0.34
Approximate Lot Size (Square Feet)15002
Total Parking8 (2 Garage)
Garage Parking2
WaterPublic
SewerPrivate Sewer
Lot FeaturesGentle Sloping
Parking Features1
Exterior FeaturesPorch
Foundation Materials
Construction MaterialsFrame
Road Frontage Type
Patio & PorchCovered
Roof MaterialAsphalt/fiberglass Shingles
Utility Connections110 Volts
Water Views
Water Views Features
Waterfront0
Waterfront Features
Pool Features
Horse Permitted0
Horse Amenities
Disclosures for 16 Fernway, Lynnfield MA 01940
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
Special Listing Conditions
ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.
Title 5F
Compensation Based On
Financial Information for 16 Fernway, Lynnfield MA 01940
Association Fee
Association Fee Frequency
Association Fee Includes
Real Estate Tax10449
Tax Year2025
Assessed Value$989,500
Location Information for 16 Fernway, Lynnfield MA 01940
Elementary SchoolHuckleberry
Middle SchoolLms
High SchoolLhs
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 16 Fernway, Lynnfield MA 01940