$825,000
3 Franklin Terrace
Melrose, MA, 02176
Located in the desirable Melrose Highlands, this thoughtfully updated, 4-bedroom, 2-bath home offers the perfect blend of charm, functionality, and walkable convenience. The sun-filled eat-in kitchen, featuring a large island, gas cooktop, and abundant storage, is ideal for the serious home chef. The sliding door off the dining room opens to a composite deck, perennial gardens, and fenced backyard that is perfect for outdoor dining and play. A stunning new bath showcases a custom vanity, linen tower, and Carrera marble tiled shower with glass enclosure. Three generous bedrooms with ample closets finish the second floor. The walk-up third floor is a flexible space for a fourth bedroom, home office, gym, or a future master suite. Front and back porches, side-by-side parking, ample attic and basement storage, top-rated schools, nearby playgrounds, cafés, yoga, restaurants, and a 7-minute walk to the commuter rail complete this exceptional home.
Property Details
Price:
$825,000
MLS #:
73524010
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
melrosehighlands
Listed Date:
Jun 3, 2026
Finished Sq Ft:
1,510
Total Sq Ft:
1,510
Lot Size:
3,963 sqft / 0.09 acres (approx)
Year Built:
1893
Schools
Elementary School:
Roosevelt Elementary School
Middle School:
Melrose Veterans Memorial Midd
High School:
Melrose High School
Interior
Above Grade Finished Area
1510
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Fireplaces Total
1
Flooring
Tile, Marble, Hardwood, Flooring – Hardwood
Heating
Central, Forced Air, Oil, Electric
Interior Features
Foyer, Walk-up Attic, High Speed Internet
Laundry Features
In Basement, Electric Dryer Hookup
Exterior
Architectural Style
Victorian
Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, House of Worship, Public School, T-Station, Sidewalks
Construction Materials
Frame
Exterior Features
Porch, Deck, Deck – Roof, Deck – Composite, Rain Gutters, Fenced Yard, Garden, Stone Wall
Fencing
Fenced/Enclosed, Fenced
Open Parking Spaces
2
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch, Deck, Deck – Roof, Deck – Composite
Roof
Asphalt/Composition Shingles
Window Features
Insulated Windows
Financial
Tax Year
2026
Taxes
$8,912
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…
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Map
Current real estate data for Single Family in Melrose as of Jun 20, 2026
63
Single Family Listed
47
Avg DOM
459
Avg $ / SqFt
$1,044,976
Avg List Price
Community
- Address3 Franklin Terrace Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Similar Listings Nearby
Property Summary
- 3 Franklin Terrace Melrose MA is a Single Family for sale in Melrose, MA, 02176. It is listed for $825,000 and features 4 beds, 2 baths, and has approximately 1,510 square feet of living space, and was originally constructed in 1893. The current price per square foot is $546. The average price per square foot for Single Family listings in Melrose is $459. The average listing price for Single Family in Melrose is $1,044,976. To schedule a showing of MLS#73524010 at 3 Franklin Terrace in Melrose, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Andovers/Readings Regional. 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.
3 Franklin Terrace
Melrose, MA