Active Under Contract
76 Days on market
408 Swains Pond Avenue Melrose — Photo 1 of 30

408 Swains Pond Avenue Melrose — Photo 1 of 30

Recent Drop: $20,000

$794,900
$774,900

$774,900

408 Swains Pond Avenue, Melrose, MA 02176

Melrose, MA 02176 — Mount Hood

Beds

3

Baths

1.5

SqFt

1,958

Style

Single Family

Built

1959

Motivated seller- Welcome home to this beautifully renovated three bedroom Ranch The one car garage is easy access from inside the home. This tree lined yard offers peaceful enjoyment and is on a CORNER lot in desirable MOUNT HOOD area. Meticulously maintained one owner home offers the perfect blend of comfort and convenience matching modern updates with classic charm. From the Large spacious sun drenched living room/dining room combo with beautiful hardwood flooring to the fully applianced kitchen with breakfast bar, three bedrooms with large closets, hardwood floor, replacement windows and 1.5 baths and NEW 200 amp electric service. The heated finished basement offers large Bonus room with dry bar, and 13x17 office or spare room perfect for entertaining along with a spacious laundry room. Beautiful knotty pine sunroom overlooks the spacious backyard and is on a corner lot. Convenient to Hospital, shopping, commuter rail, lake, transportation, schools, and golf course. This home is ready and waiting for its next owner to move right in and enjoy.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$396/sqft
Local Avg (Melrose)$445/sqft
11% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Melrose, MA.

Property Details

Financials

Original Price$794,900
Annual Taxes$6,478

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Wood Laminate, Flooring - Vinyl, Laminate
BasementFull, Partially Finished

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Oil, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.19
SqFt Lot8,237
Lot FeaturesCorner Lot

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1
Basement
OfficeBathroom 2
Living Room
Lvl First

14 x 24

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

8 x 14

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Slider, Lighting - Pendant

Kitchen
Lvl First

12 x 9

Flooring - Laminate

Office
Lvl Basement

13 x 17

Flooring - Vinyl, Exterior Access

Master Bedroom
Lvl First

14 x 10

Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl First

12 x 9

Bedroom 3
Lvl First

12 x 9

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Basement

Bathroom - Half

Property History

Price Drop
$774,900

Was $784,900

Aug 20, 2026

MLS® 73541449

Price Drop
$784,900

Was $794,900

Jul 23, 2026

MLS® 73541449

Listed
$794,900

Jun 25, 2026

MLS® 73541449

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: 900 sq ft (the lesser of 900 sq ft or half the 1,958 sq ft principal dwelling). Lot size: 8,237 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: Karen West

Listing Office: West Real Estate

MLS® Number: 73541449

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