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New Construction Homes for Sale in Melrose, MA

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    $1,695,000 Custom Home

    31 Temple St, Melrose, MA 02176

    • 5 Beds
    • 3.5 Baths
    • 3,719 Sq Ft

    Discover this stunning to be built new-construction home featuring 5 bedrooms and 3.5 baths, offering breathtaking panoramic views of the Boston skyline. Set on an expansive ~15,000 sq. ft. double lot, the plans offer exceptional space, privacy, and beauty. Thoughtfully placed windows throughout the home capture incredible skyline vistas and fill the interior with natural light. The generous side

    Stephanie and Dina Group Barrett Sotheby's International Realty

    31 Temple St, Melrose, MA 02176
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    $1,075,000 Custom Home

    9 Ledge St, Melrose, MA 02176

    • 3 Beds
    • 2.5 Baths
    • 1,528 Sq Ft

    New-construction single-family home offering 1,528 sq. ft. of light-filled, open-concept living with 3 bedrooms, 2.5 baths, and a study nook. Permits secured and demolition complete. Construction underway with foundation, framing, and roof completed. Windows, siding, and rough electrical and plumbing in progress. Set on a 4,053 sq. ft. lot with new hardscaping and updated landscaping. The first

    Dionysios Kaskarelis Barrett Sotheby's International Realty

    9 Ledge St, Melrose, MA 02176
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    $1,499,000 Lot/Land

    71-73 Grove St, Melrose, MA 02176

    • 0.13 Acre
    • $11,530,769 per Acre

    Melrose Redevelopment Potential! Close to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and

    Neal Ryan Thread Real Estate, LLC

    71-73 Grove St, Melrose, MA 02176
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    $299,900 Lot/Land

    1 Mill Rd, Melrose, MA 02176

    • 3.51 Acres
    • $85,442 per Acre

    Full survey and wetland delineation available! Live your dream and imagine the potential! 1 Mill Rd is a 3 1/2 acre parcel that is looking for its next owner to give it new life. Located in a private area that feels more like New Hampshire than Melrose this property could be the cornerstone of a single grand estate or do your own due diligence on alternate uses.

    Kristin Weekley Leading Edge Real Estate

    1 Mill Rd, Melrose, MA 02176

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Melrose, MA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Melrose, MA hold their value?
Yes, especially in fast-growing areas of Melrose, MA. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Melrose, MA

Housing Trends

Median Sale Price
$873,500
Median Single Family Sale Price
$952,500
Median Townhouse Sale Price
$1,054,500
Median 2 Bedroom Sale Price
$558,775
Median 1 Bedroom Sale Price
$382,000
Average Price Per Sq Ft
$498
Number of Homes for Sale
16
Last 12 months Home Sales
264
Months of Supply
0.70
Median List Price
$825,000
Median Change From 1st List Price
-4%
Median Home Sale Price YoY Change
9%
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