Active
3 Days on market
21 Chadbourne Road Lexington — Photo 1 of 36

21 Chadbourne Road Lexington — Photo 1 of 36

$3,495,000

Investment Analysis — 21 Chadbourne Road

Lexington, MA 02421

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02421 carries an estimated $5,560/mo in gross rent — about a 0.41% cap rate and $14,417/yr in estimated NOI at the $3,495,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

5.5

SqFt

6,776

Style

Single Family

Built

2018

GRAND CAPE — Poised atop a private ½-acre lot at the end of a cul-de-sac, this custom-designed home offers an extraordinary combination of craftsmanship & privacy. Only 8 years young, it feels virtually brand new, with premium materials, custom millwork & commercial-grade systems throughout. The gracious first floor features a two-story foyer, elegant formal dining area, expansive kitchen w/ breakfast bar, eat-in area & Sub-Zero & Wolf appliances, plus a primary suite. At the heart of the home, a stunning great room w/ beverage fridge, bar sink & gas fireplace is highlighted by sliders & walls of windows overlooking the beautiful outdoor setting. The second floor boasts three additional bedrooms including a second primary suite. Ideally separated from the main living area, a private in-law suite, finished to the same exacting standards, provides an ideal retreat for guests or extended family. The finished lower level offers a gym, office, playroom, full bath & media room. Outside, professionally landscaped grounds surround a substantial bluestone patio w/ built-in gas grill, fireplace & outdoor TV. Beneath it all are state-of-the-art electrical & HVAC systems, superior insulation & high-performance infrastructure designed for efficiency, durability & long-term performance. A rare opportunity to own a home built to a standard seldom found in today’s construction, combining enduring craftsmanship with effortless modern living.

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 6,776 sq ft principal dwelling). Lot size: 21,940 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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$3,495,000
Annual Taxes$36,289.8

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms14
Fireplaces1
FlooringTile, Marble, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Laminate
BasementFull, Finished, Interior Entry

Climate & Utilities

HeatingRadiant, Propane
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRO

Property & Lot

Acres0.5
SqFt Lot21,940
Lot FeaturesCul-De-Sac, Wooded

Amenities & Appliances

Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Indoor Grill • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood • Wine Cooler • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living Room
Main,First
Dining RoomKitchenFamily RoomMaster BedroomBathroom 1
Living Room
Lvl First
Dining Room
Lvl Main,First

15 x 14

Flooring - Hardwood, Wet Bar, Chair Rail, Open Floorplan, Recessed Lighting, Wainscoting, Lighting - Pendant, Crown Molding

Kitchen
Lvl Main,First

33 x 16

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Crown Molding, Decorative Molding

Family Room
Lvl Main,First

28 x 18

Bathroom - Half, Coffered Ceiling(s), Flooring - Hardwood, French Doors, Wet Bar, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Storage, Crown Molding, Decorative Molding

Master Bedroom
Lvl Main,First

24 x 14

Bathroom - Full, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Double Vanity, Dressing Room, Recessed Lighting, Lighting - Sconce, Crown Molding, Decorative Molding

Bedroom 2
Lvl Second

27 x 20

Bedroom 3
Lvl Second

15 x 14

Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead, Crown Molding, Decorative Molding

Bedroom 4
Lvl Second

15 x 13

Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Crown Molding, Decorative Molding

Bedroom 5
Lvl Second

22 x 24

Bathroom - Full, Closet, Flooring - Hardwood, High Speed Internet Hookup, Lighting - Overhead, Crown Molding, Closet - Double, Decorative Molding

Bathroom 1
Lvl Main,First

13 x 12

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Flooring - Marble, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Lighting - Sconce, Crown Molding, Decorative Molding, Soaking Tub

Bathroom 2
Lvl Second

16 x 10

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Flooring - Marble, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Lighting - Sconce, Crown Molding, Decorative Molding

Bathroom 3
Lvl Second

9 x 10

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Marble, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Lighting - Sconce, Crown Molding, Decorative Molding

Property History

Listed
$3,495,000

Sep 9, 2026

MLS® 73571946

Terminated
$3,965,000

Jun 25, 2026

MLS® 73503179

Listed
$3,965,000

Apr 16, 2026

MLS® 73503179

Listing Provided By

Listing Agent: Coleman Group

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73571946