511 Palmer Ave

Falmouth, MA, 02540

$849,000

4 Beds

2.5 Baths

2,373 SqFt

0.99 Acres

Welcome to this highly desirable, move-in-ready property offering the perfect blend of charm, space, and versatility! Featuring a spacious 3-bedroom, 1.5-bath main house and a separate 1-bedroom, 1-bath cottage, this unique property offers endless possibilities for multigenerational living, an in-law setup, or potential rental income. Fully remodeled in 2019, the home combines comfort and character with thoughtful updates throughout.Inside the main home, enjoy the warmth and beauty of the stunning original stone fireplace, a bright and inviting sunroom, and a functional breakfast bar perfect for everyday living and entertaining. Step outside to discover two decks and a dedicated outdoor entertaining area, ideal for hosting gatherings or simply relaxing and enjoying the surroundings. The fenced-in yard sits on nearly an acre of land, offering plenty of space for outdoor activities, gardening, pets, and more. The oversized garage has potential for the new owner to bring up to speed or customize. Whether you’re looking for a home with additional income potential, space for extended family, or a versatile property with room to enjoy, this special offering is full of opportunity.

Property Details

Price:

$849,000

MLS #:

73595123

Status:

Active

Beds:

Baths:

2.5

Type:

Multi Family

Listed Date:

Oct 26, 2026

Finished Sq Ft:

2,373

Total Sq Ft:

2,373

Lot Size:

43,050 sqft / 0.99 acres (approx)

Year Built:

1934

Units:

Schools

Interior

Above Grade Finished Area

2373

Bathrooms

2 Full Bathrooms, 1 Half Bathroom

Fireplaces Total

Flooring

Wood, Tile

Levels

Exterior

Covered Spaces

Exterior Features

Rain Gutters

Fencing

Fenced

Garage Spaces

Lot Features

Gentle Sloping

Open Parking Spaces

Open Parking YN

Parking Features

Paved Drive, Off Street

Parking Spots

Parking Total

Patio And Porch Features

Deck

Roof

Shingle

Stories

Waterfront Features

1 to 2 Mile To Beach

Financial

Net Operating Income

$69,600

Tax Year

2026

Taxes

$4,971

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

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Current real estate data for Multi Family in Falmouth as of Nov 08, 2026

Multi Family Listed

268

Avg DOM

470

Avg $ / SqFt

$774,000

Avg List Price

Community

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Property Summary

781-858-3505

Courtesy of Falmouth Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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