Active
334 Days on market
227 Walnut Street Saugus — Photo 1 of 41

227 Walnut Street Saugus — Photo 1 of 41

Recent Drop: $500,900

$1,999,900
$1,499,000

$1,499,000

227 Walnut Street, Saugus, MA 01906

Saugus, MA 01906

Beds

6

Baths

5.5

SqFt

7,214

Style

Single Family

Built

1976

Discover the prestige of 227 Walnut Street, a distinguished 4 bedroom, 4.5 bath Colonial admired for its commanding presence. Set on 2+ private acres, this custom built estate features an impressive brick exterior, exquisite stonework, and stunning landscaped grounds with an in-ground pool, gazebo, and a detached 2 bedroom carriage house. Inside, a grand entryway leads to sun filled living spaces with three brick fireplaces, expansive windows, and timeless craftsmanship throughout. The beautifully appointed kitchen with enduring style, flows seamlessly to elegant dining and living areas with sparkling crystal chandeliers, a gorgeous sunroom, and custom built bar! Upstairs offers an ensuite primary bedroom, two additional bedrooms, an additional private suite with its own kitchen and bath. With a finished lower level and expansive two car attached garage. A home designed for entertaining and enjoyment, this incredible estate offers exceptional versatility, a one of a kind property!

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$208/sqft
Local Avg (Saugus)$397/sqft
48% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Saugus, MA.

Property Details

Financials

Original Price$1,999,900
Annual Taxes$12,913

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms15
Fireplaces3
FlooringTile, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
BasementFull

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Natural Gas, Electric, Fireplace
CoolingCentral Air, Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofShingle
FoundationBrick/Mortar
ZoningR1

Property & Lot

Acres2.13
SqFt Lot92,613
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Electric Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Stainless Steel Appliance(s) • Second Dishwasher

Neighborhood

Shopping • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Family RoomBathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

13.4 x 20.1

Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead, Archway

Dining Room
Lvl Main,First

12.1 x 15.1

Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead, Archway

Kitchen
Lvl Main,First

18.5 x 20.9

Bathroom - Half, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead

Family Room
Lvl First

17.1 x 15.1

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, French Doors, Lighting - Overhead

Master Bedroom
Lvl Second

19.6 x 14.5

Ceiling Fan(s), Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bedroom 2
Lvl Second

13.8 x 15.2

Bedroom 3
Lvl Second

12.6 x 15.2

Ceiling Fan(s), Closet, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bedroom 4
Lvl Second

23.8 x 15.4

Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Closet - Double

Bathroom 1
Lvl First

5.6 x 4.4

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead, Pedestal Sink

Bathroom 2
Lvl Second

8.5 x 15.7

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Lighting - Pendant, Lighting - Overhead

Bathroom 3
Lvl Second

8.6 x 6.6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Property History

Price Drop
$1,499,000

Was $1,699,000

Jul 14, 2026

MLS® 73442234

Price Drop
$1,699,000

Was $1,799,000

May 22, 2026

MLS® 73442234

Price Drop
$1,799,000

Was $1,899,000

Apr 9, 2026

MLS® 73442234

Price Drop
$1,899,000

Was $1,999,900

Dec 12, 2025

MLS® 73442234

Listed
$1,999,900

Oct 10, 2025

MLS® 73442234

Population

28,773

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$102K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

28.5%

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: 900 sq ft (the lesser of 900 sq ft or half the 7,214 sq ft principal dwelling). Lot size: 92,613 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 Provided By

Listing Agent: Danielle Storella

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73442234

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