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Active

40 Chestnut St #3

Andover, MA 01810

$499,000
2Bedrooms
1Bathrooms
1,247Square feet
1910Year built

Residential · Active · MLS #73571644
Listing Courtesy of Lillian Montalto Signature Properties | Team Lillian Montalto

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MLS PIN data

About this home

Sophisticated downtown living in one of Andover’s most coveted locations. Welcome to 40 Chestnut Street, Unit 3, a beautifully renovated residence where thoughtful updates, character, and effortless convenience come together. Freshly painted interiors are enhanced by skylights and recessed lighting, creating a bright, polished atmosphere throughout. The newly renovated kitchen offers a fresh, modern aesthetic, complemented by an upgraded bath and custom closet. A new AC split system and hot water heater add comfort and peace of mind. Enjoy the rare conveniences of in-unit laundry, additional basement storage, and two off-street parking spaces. Outside, unwind on the balcony overlooking the park or enjoy the property’s common outdoor space. Pet friendly and perfectly positioned just moments from downtown Andover’s acclaimed restaurants, cafés, boutiques, commuter rail, and vibrant town center. Offered at $499,000, this is a rare opportunity to enjoy an elevated, low-maintenance lifestyle in the heart of Andover....Offers Due Tuesday Sept 8th @ 2pm

Property information

Details at a glance

Interior

Rooms
4
Heating
Baseboard, Natural Gas
Cooling
Ductless
Flooring
Hardwood

Building

Style
Condominium
Year built
1910
Parking
2
Roof
Shingle

Land & utilities

Water
Public
Sewer
Public Sewer
Zoning
SRA

Financial

Annual taxes
$6,655
Assessment year
2025
HOA fee
287

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$518,841

Estimated range $501,201$536,481

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Sold Jul 18, 2026$450,000

30 Conant St #1B

Sold Jul 25, 2026$530,000

36 Wallis St #3

Sold Jun 9, 2026$480,000

5 Gardner Street #3

Photo insights

Condition signals

Overall presentationabove average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Andover

MetricThis propertyAndover
List price$499,000$1,320,00062% below local
Price / sq ft$400$4399% below local
Days on market24596% below local
Explore homes in Andover

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 40 Chestnut St #3

Can I schedule a private showing?

Yes. Request a tour of 40 Chestnut St #3 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.