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Lynnway Home for Sale

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    $989,900

    • 9 Beds
    • 3 Baths
    • 2,640 Sq Ft

    8 Varnum St, Lynn, MA 01905

    Exceptional three-family property offering a fantastic opportunity for both owner-occupants and investors. This well-maintained building features separate utilities throughout, including three individual gas heating systems, making ownership and management simple and efficient. The property boasts numerous low-maintenance improvements, including vinyl siding and a durable rubber roof. Tenants

    Agent Photo

    Eugene Clements

    Clements Realty Group

    8 Varnum St, Lynn, MA 01905

Why Live in Lynnway

Lynnway, located 10 miles north of Boston, offers a blend of coastal charm and urban convenience. The neighborhood is known for its scenic greenery, historical landscapes and expanding development. The area is primarily industrial with limited housing, so houses sell quickly. Homes typically reflect classic New England designs, including those of the Colonial Revival and Cape Cod styles. Newer constructions often reflect the same vintage aesthetic to match their neighboring homes. Residents enjoy several beaches along the water, including Nahant Beach, Lynn Shore Reservation and King’s Beach. For those seeking greenery, Lynn Woods Reservation offers well-maintained walking, hiking and biking trails. Lynn State Heritage Park offers a more relaxed setting, and the Lynn Museum and Historical Society provide an opportunity to learn about the area's past. The area has a mix of urban and suburban amenities, including commercial spaces with fast-food chains, car dealerships and locally owned restaurants. Lolly’s Bakery is a favorite for authentic Hispanic baked goods. Salem Turnpike and North Shore Road head a short distance southwest to Boston and Boston Logan International Airport. Buses stop along the area's main street, Lynnway. With ongoing development, including the upcoming Lynnway Park industrial facility, Lynnway is a compelling option for those wanting proximity to Boston while enjoying a coastal lifestyle.

Lynnway Home Prices vs. Nearby Lynn, MA Neighborhoods

Lynnway Harbor View-Orient Heights Lynn English Highlands
Median Home Price
$597,000
$684,950
$577,000
$529,900
Median Sale Price
$592,000
+11% YoY
$665,000
+2% YoY
$534,950
-14% YoY
$542,000
+8% YoY
Median Single Family Price
$592,000
$820,000
$560,000
$543,000
Total Active Listings
0
35
6
5
Market Conditions
0 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
4 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market

Frequently Asked Questions

Is Lynnway a good place to live?
Lynnway is a good place to live. Lynnway is considered car-dependent and somewhat bikeable with good transit options. Lynnway has 6 parks for recreational activities. It is fairly sparse in population with 3.0 people per acre and a median age of 33. The average household income is $93,315 which is below the national average. College graduates make up 14.9% of residents. A majority of residents in Lynnway are renters, with 54% of residents renting and 46% of residents owning their home. A local real estate agent serving Lynnway can help you decide if this neighborhood is the right one for you. Learn more on our Lynnway neighborhood guide.
Is Lynnway, MA a safe neighborhood?
Lynnway, MA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Lynnway?
The median home price in Lynnway is $597,000. If you put a 20% down payment of $119,400 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $3,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $130K a year to afford the median home price in Lynnway. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lynnway is $93K.
What are the best public schools in Lynnway?
The best public schools that serve Lynnway are:
What are the best private schools in Lynnway?
The best private schools that serve Lynnway are:
  • St. Mary's Lynn has a B+ Niche grade, a student teacher ratio of 17:1 and an average review score of 3.8.
What are the most popular zip codes in Lynnway, Lynn, MA?
The most popular zip codes in Lynnway, Lynn, MA include 01905, 02151, 01902, 01906 and 01901.
What are the most popular neighborhoods near Lynnway, Lynn, MA?
The most popular neighborhoods near Lynnway, Lynn, MA are West Lynn, Central Lynn, Austin Square, Revere Beach and Downtown Lynn.
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