Single Family Residence at 345 Lebanon St, Melrose MA 02176, Melrose
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$785,000

345 Lebanon St, Melrose MA 02176
Melrose, MA 02176
Listed by Kate Cote
Bedrooms
4
Bathrooms
2
Living area
1,864 sqft
Year built
1900

About this home

Four bedrooms under $800,000 in Melrose—stop compromising! In a time where we are all budget conscious, this home proves affordability doesn't have to mean settling. Three generous bedrooms on the second floor plus a fourth in the charming top-floor turret room, fit for an artist (or princess). The third-floor bonus room works beautifully as a home office or a future Carrie Bradshaw worthy walk-in closet. Brand-new hardwood floors throughout. High ceilings in every room. The eat-in kitchen with granite countertops and stainless-steel appliances, overlooks the cozy backyard with patio and shed. Solid construction, well-maintained, and ready for you to make it your own. Located just half a mile from downtown Melrose's thriving restaurant and shopping district, home to beloved spots like Turner's, Giacomo's and Buckalew’s General Store. Explore the thriving art scene where culture meets community at some beloved spots like Memorial Hall, Follow Your Art and Molly’s Bookstore. Seven-tenths of a mile to the Wyoming Commuter Rail stop. Under two miles to the Orange Line. Easy access to Boston via Route 93 or Route 1. You get proximity to the city without sacrificing small-town living. Solid bones, smart updates, and a location that is pure magic, all wrapped in 125+ years of Melrose history. Schedule your showing today. Offers due Tuesday, October 13th at 12:00 PM.

Property details

MLS #
73587331
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
6
On market date
October 6, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
3
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Herbert Clark Hoover
0.47 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
297
Student:teacher ratio
14.9:1
District
Melrose
Middle
Melrose Middle
0.99 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
844
Student:teacher ratio
14.3:1
District
Melrose
High
Melrose High
0.96 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
923
Student:teacher ratio
13.4:1
District
Melrose

Walkability

Blended score for Melrose's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
12.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks20
Schools14
Transit stops20
Pharmacies2

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,877/mo
$157,000 down
$628,000 loan
Principal & interest$4,073
Property tax (est.)$654
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.