Melrose's Priciest House For Sale Gets A Little More Affordable

MELROSE, MA -- This Bellevue Ave. listing has been on top of the Melrose listings on realtor.com for some time now. The home's asking price recently dropped for the fourth time since the beginning of last year, falling to $1,499,000. The price just last month dropped to $1,550,000. It hit a high point of $1,750,000 in June 2016, so whoever has been playing the waiting game appears to be winning.

• Address: 118 Bellevue Ave, Melrose
• Price: $1,499,000
• Square Feet: 6296
• Bedrooms: 5
• Bathrooms: 3 Full and 1 Half Baths
• Built: 1910
• Features: Rare opportunity to own one of the finest homes in the city. Completely renovated with top of the line materials & craftsmanship. Just move in. This home says ‘You have arrived’. Located on renowned Bellevue Ave. this luxury residence offers the fortunate owner innumerous special areas for elegant living & entertaining. Enjoy the sophisticated living room, cosy library, grand dining room, light and airy second floor family room, open concept kitchen and private backyard with a koi pond & pergolas, & third floor getaway. Enjoy the architectural details, 9-foot ceilings and working fireplaces. With an enviable double lot on Boston Magazine's Best Street to Live On, this stately home has it all. Two master suites w/ elegant marble baths & jacuzzis. Granite kitchen, 3 fireplaces. 2 central air systems, huge brick driveway and backyard patio w/ koi pond. Ecological landscaping w/ fountains. New gas furnace 2017. Exterior painted 2017 . Walk to charming downtown shops & restaurants.

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