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BUYER FINNACING FELL THROUGH: Charming Cape located on a quiet street in Melrose, next to Mount Hood Golf Course. This home offers 3 bedrooms and 1 bath with 1,352 sq. ft. of living space. Enjoy 2 large bedrooms upstairs and 1 bedroom on the first floor, all with abundant natural light. Features include hardwood floors, newer windows, forced hot air heating, and a full basement for storage or expansion. The kitchen is equipped with range, dishwasher, disposal, refrigerator, washer, and dryer. Exterior highlights include vinyl siding, asphalt shingle roof, 3 off-street parking spaces, and a garage for parking, storage, or hobbies. Easy access to highways and Boston makes this home the perfect blend of comfort and convenience.
Current real estate data for Single Family in Melrose as of Jan 26, 2026
28
Single Family Listed
70
Avg DOM
480
Avg $ / SqFt
$1,144,628
Avg List Price

Property Details

Price:
$650,000
MLS #:
73419926
Status:
Pending
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Aug 19, 2025
Finished Sq Ft:
1,352
Total Sq Ft:
1,352
Lot Size:
8,599 sqft / 0.20 acres (approx)
Year Built:
1950
Cape

Schools

Interior

Appliances
Water Heater, Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Bathrooms
1 Full Bathroom
Cooling
Window Unit(s)
Flooring
Wood
Heating
Forced Air

Exterior

Architectural Style
Cape
Community Features
Golf
Construction Materials
Frame
Exterior Features
Covered Patio/Deck
Parking Features
Detached, Storage, Off Street
Parking Spots
4
Roof
Shingle

Financial

Tax Year
2025
Taxes
$6,334

Map

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Property Summary

    7 Penny Hill Rd Melrose MA is a Single Family for sale in Melrose, MA, 02176. It is listed for $650,000 and features 3 beds, 1 baths, and has approximately 1,352 square feet of living space, and was originally constructed in 1950. The current price per square foot is $481. The average price per square foot for Single Family listings in Melrose is $480. The average listing price for Single Family in Melrose is $1,144,628. To schedule a showing of MLS#73419926 at 7 Penny Hill Rd in Melrose, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
7 Penny Hill Rd
Melrose, MA