
2 Grove Place Melrose — Photo 1 of 18
Recent Drop: $25,000
$424,900
2 Grove Place, Melrose, MA 02176
Melrose, MA 02176
Beds
2
Baths
1
SqFt
584
Style
Single Family
Built
1900
BACK ON MARKET - Buyer financing fell through. Don't miss your second chance!! - Discover a rare opportunity with this charming single-family home offering a unique blend of historic character and modern potential. Built in 1900 and thoughtfully arranged, this home delivers efficient, low-maintenance living without sacrificing comfort or convenience. Step inside to find two bedrooms and a full bath, creating a cozy and functional layout ideal for first-time buyers, downsizers, or anyone seeking a condo alternative without the fees or shared walls. The fenced-in yard provides private outdoor space for gardening, pets, or relaxing, while the newer roof adds peace of mind. Location is everything here and this one delivers. Enjoy exceptional walkability with Downtown Melrose just 5 minutes away, offering shops, cafés, and restaurants. Commuters will appreciate being under 10 minutes to the commuter rail, connecting you to Boston with ease. This home invites you to imagine the possibilities while enjoying the charm of classic Melrose neighborhood.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Melrose, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • House of Worship
Geography
Property History
$424,900
Was $449,900
Aug 7, 2026
MLS® 73525160
$449,900
May 27, 2026
MLS® 73525160
Population
29,650
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
32.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 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: 292 sq ft (the lesser of 900 sq ft or half the 584 sq ft principal dwelling). Lot size: 1,742 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: Jennifer Parziale
Listing Office: LAER Realty Partners
MLS® Number: 73525160
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