Melrose's Priciest Home On Market Just Can't Sell

MELROSE, MA -- Five bedrooms on the "Best Street To Live On?" So why can't this home sell? This Bellevue Ave. home has been listed or had its price changed more than a dozen times since 2007, according to realtor.com. It's currently been on the market since July, but the price finally dropped over the weekend about $50,000 to its current ask. Judge this home for yourself by clicking the link below.

• Address: 118 Bellevue Ave, Melrose
• Price: $1,550,000
• Square Feet: 6296
• Bedrooms: 5
• Bathrooms: 3 Full and 1 Half Baths
• Built: 1910
• Features: Stunning 5 bedroom 3.5 bath residence enjoys its reputation as one of the finest homes in the city w/ double lot frontage on renowned Bellevue Ave, named “Best St.to Live On” 3 times by Boston Mag..The stately 1910 Georgian Colonial Revival has been totally renovated, professionally landscaped and decorated to satisfy the most sophisticated buyer.Gracious living and Back Bay style only 7 miles from Boston, 20 min. by car or rail. 2 master suites w/ elegant marble baths & jacuzzis. Granite kitchen. 3rd floor has 2 bedrooms,bath, large living. 3 working fireplaces. 2 C/A systems. Private brick patio w/ koi pond. Ecological landscaping w/ fountains. Charming downtown w/shops and restaurants only 2 blocks away. Near Fells Reserv.Park and hiking areas. Chosen by Realtor’s Assn. as the “Hottest Zip Code in the Entire Country,” best investment based on rising values, quick sales, proximity to Boston &Cambridge, access to transportation & excellent schools.

This listing originally appeared on realtor.com. For more information and photos, click here.