$549,000 · For sale

Charming Colonial in a Prime Lynn Location! Enjoy the comfortable living at 506 Eastern Ave in Lynn! This charming Colonial offers a wonderful blend of classic character and a highly desirable location. Just a short distance from Lynn Beach, scenic trails, shopping, and dining, this home is ideally situated for enjoying everything the North Shore has to offer. Commuters will appreciate the convenient access to the commuter rail, nearby bus stops, and major highways. Step inside to a welcoming living room featuring updated lighting and gleaming hardwood floors. The kitchen boasts granite countertops and stainless-steel appliances, with an open-concept layout that flows seamlessly into the dining room perfect for everyday living and entertaining. One of the highlights of this home is the spacious outdoor deck, offering plenty of room for summer barbecues, outdoor dining, gatherings with family and friends, or simply relaxing and enjoying the fresh air. The fenced yard provides additional outdoor space to enjoy throughout the warmer months & spacious 1 car garage. Upstairs, you'll find three comfortable bedrooms and a full bathroom. The bedrooms offer practical storage, including a cedar walk-in closet and a primary bedroom featuring a wall-to-wall cedar closet and high-end carpeting. With its inviting interior, generous outdoor deck, fenced yard, and fantastic location near the beach, local amenities, and commuter routes, this charming Colonial is a wonderful opportunity to enjoy comfort, convenience, and the best of Lynn living. Don't miss the chance to make this lovely home your own!
506 Eastern Ave is a 4-bedroom, 1.5-bath single-family home for sale in Lynn, MA 01902 with 1,409 square feet, asking $549,000. It was built in 1913. It has been on our site since October 28, 2026.
The median asking price among the 19 other 4-bedroom single-family homes for sale in Lynn is $689,999. This one asks about 20% less. At $390 a square foot, it compares with a median of $393 among the 82 other single-family homes for sale in Lynn with a stated size.
At 1,409 square feet, it is smaller than 84% of the 19 other 4-bedroom single-family homes in Lynn with a stated size.
This home is assessed at $544,500 for fiscal year 2026. It last sold for $377,977 in August 2019. The assessor lists a lot of 0.12 acres.
It scores 16 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Swampscott (MBTA Newburyport/Rockport Line), about 0.9 miles away. The closest bus stop is Eastern Ave @ Alden St (MBTA routes 424, 456), under 0.1 miles away.
The closest public schools by level are Aborn (0.2 miles), Thurgood Marshall Mid (0.8 miles) and Lynn English High (0.5 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73596200, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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