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Bean Group
Offered at $499,000Active
beds
3
baths
3
sq ft
2,070
Built
1953

400 Shearer St

Palmer, MA 01069

About this home

NEW LISTING! Privacy, Convenience & Huge Potential!  What more could you want?  This lovely home has it all. Nestled on over 2 acres w/pond frontage on Mongo Pond (also known as Ice House Pond), gorgeous view this oversized brick ranch has limitless possibilities. Zoned Business Highway, the walk out basement is the length of the home, w/a separate entrance for a possible home office, formerly a beauty salon. The remainder of the finished basement boasts a gorgeous Stone Fireplace, a kitchenette w/sink, refrigerator and a ¾ bath w/an additional exterior entrance which provides definite potential as a possible ADU. These homeowners have done a lot of updating of major items, including the Roof & Main Floor Windows 2019, Furnace & 45 Gal Oil HW Heater 2024, 200 amp & 100 amp Circuit Breaker Panels 2026 & New Septic & Leach Field 2026.The main floor is loaded w/custom built-ins & storage galore! There is a main floor side entrance entering into a large laundry room with a closet & plenty of cabinetry. From there you go through a pocket door to a beautiful family room w/a Brick Fireplace, built-in bookcase/cabinet & custom wood crown molding. Next is the kitchen w/lovely quartz countertops, plenty of cabinets, a peninsula, a tile back splash & SS appliances. The kitchen leads into a Dining Room w/Hardwood Floors, a built-in corner China cabinet & additional cabinetry above & below the peninsula. Down the center hallway you will find a large main floor tiled bath w/quartz countertops & custom built-ins. This leads to 2 huge bedrooms w/large closets & the Master Ensuite w/2 closets & attached ¾ tiled bath. To the left of the center hall is a huge Living room with a lovely Fireplace w/custom built-ins on both sides and a gorgeous view of the pond, perfect for those large Holiday gatherings. Worried about parking? Don't be! There is ample space for at least 10 cars. Like to sit outside? Wait until you see the large two sided outside Stone Fireplace! What are you waiting for? Book your showing today!

Listing last checked: Listing updated:

Listed by Margaret Soucie · The Real Estate Market Center · MLS #73580092

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Details at a glance

Interior6 property facts
Rooms
7
Heating
Baseboard, Oil, Extra Flue, Fireplace(s)
Cooling
None, Whole House Fan
Flooring
Tile, Vinyl, Carpet, Engineered Hardwood, Flooring - Wall to Wall Carpet, Concrete
Basement
Yes · Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
Fireplaces
3
Building6 property facts
Style
Single Family Residence
Year built
1953
Garage
2
Parking
12
Foundation
Block
Roof
Shingle
Land & utilities6 property facts
Lot size
2.1 acres
Water
Public
Sewer
Private Sewer
Waterfront
Y
Pool
Not reported
Zoning
HB
Financial2 property facts
Annual taxes
$7,106
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $499,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,115 / monthAdjust
Principal & interest
$2,523
Property tax
$592
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,106. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $533,933

Estimated range $512,503–$555,363.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 3 supplied

Sold Aug 24, 2026

$460,000

296 Pease Rd

Sold Aug 23, 2026

$540,000

71 Cedar Rd

Sold Aug 21, 2026

$512,000

478 Western Ave

Photo-based condition insights

Overall presentation: below average

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About 400 Shearer St

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Request a tour of 400 Shearer St 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.