3 Effie Place Lexington, MA 02421
Munroe Hill NeighborhoodEstimated payment $8,415/month
Highlights
- Jogging Path
- Park
- Property is near schools
- Bridge Elementary School Rated A
- Shops
- Private Streets
About This Lot
One of two, beautiful, level ½-acre lots in Lexington’s “Prospect Hill.” Rare opportunity to buy two permitted, abutting lots. These outstanding lots are part of the new, four-home Briggs Hill luxury development. Option to work with permitted, architectural plans for a 6,905sf residence. These plans are “grandfathered in” which allows you to build additional living area, higher ceilings and to use natural & propane gas - all not permitted under current Zoning. This is a rare opportunity to build with existing plans or your own plans. Build-ready with all infrastructure in place; water, sewage, gas and electric stubbed at site. Ready for you to break ground! Includes completion of the Effie Place road and completion of Outlook drive in front of the development. Superb neighborhood near top schools, jogging path, ballfields, parks, and Lexington Center. Three minutes to the Route 95/128 High-tech Belt and 20 minutes into Boston.
Property Details
Property Type
- Land
Year Built
- 2024
Lot Details
- 0.47 Acre Lot
- Property fronts a private road
- Property fronts an easement
- Near Conservation Area
- Private Streets
- Street terminates at a dead end
- Level Lot
- Irregular Lot
- 4 Lots in the community
- Rough Grade
- Additional Parcels
Schools
- Bridge Elementary School
- Clarke Middle School
- Lexington High School
Additional Features
- Property is near schools
- Electricity To Lot Line
Listing and Financial Details
- Assessor Parcel Number 5237994
Community Details
Recreation
- Park
- Jogging Path
- Electricity Available at Street
Additional Features
- Property has a Home Owners Association
- Shops
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,726 | $877,000 | $877,000 | $0 |
| 2024 | $10,217 | $834,000 | $834,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $1,350,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73347716
APN: LEXI M:0041 L:00049D
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