About this home

EXCEPTIONAL VICTORIAN WITH APPROVED ACCESSORY APARTMENT, INCOME POTENTIAL & OVER HALF AN ACRE! A rare opportunity awaits at 18 Mill Lane in Medford! This distinctive 5-bedroom, 4.5-bath Victorian-style home offers an exceptional combination of space, character, flexibility, and income-producing potential. Situated on an expansive 0.56-acre property with approximately 2,282 square feet of reported living space, this home offers features that are increasingly difficult to find together. The main residence features four generously accommodating bedrooms and multiple living areas, providing a versatile layout for everyday comfort, gatherings, and entertaining. One of the property's most valuable features is its approved one-bedroom accessory apartment, offering the opportunity for supplemental rental income or flexible living arrangements, subject to applicable rental requirements. The possibilities continue with a finished basement featuring two additional rooms and living space, ideal for recreation, a home office, hobbies, or other permitted uses. This additional flexibility enhances the property's overall appeal and functionality. Outside, enjoy more than half an acre of property, offering generous outdoor space, ample parking, and room to relax or entertain. Conveniently located near shopping, dining, parks, and major roadways, this home combines a desirable location with outstanding versatility. What makes 18 Mill Lane truly special is the opportunity to enjoy a spacious primary residence while benefiting from the flexibility and income potential of an approved accessory apartment. Whether you're seeking more room, additional living options, or a property that offers long-term value, this Victorian presents a compelling opportunity. Distinctive character. Exceptional space. Income potential. Endless possibilities. Come experience the possibilities firsthand!

Facts and features

Schools

• Longwood Middle School

  elementary · 5-6 · 1.8 mi

  3

• Longwood High School

  high · 9-12 · 2.0 mi

  6

• Longwood Junior High School

  middle · 7-8 · 2.8 mi

  7

• Coram Elementary School

  elementary · K-4 · 2.0 mi

  5

• C E Walters School

  elementary · K-4 · 2.0 mi

  3

Price history

• Oct 9, 2026 · Price Changed$799,000
• Jun 9, 2026 · Price Changed$920,000
• Jun 3, 2026 · Listed$860,000
• Sep 14, 2016 · Sold$260,000
• Jul 29, 2016 · Sold$260,000
• Apr 3, 2015 · Price Changed$249,996
• Oct 18, 2014 · Listed$359,996
• Oct 1, 2014 · Listing Removed$370,000

Tax history

• 2025$13,061 tax · $2,500 assessed
• 2024$12,134 tax · $2,500 assessed
• 2023$11,986 tax · $2,500 assessed
• 2022$12,016 tax · $2,500 assessed
• 2021$11,738 tax · $2,500 assessed
• 2020$11,269 tax · $2,500 assessed
• 2018$10,980 tax · $2,500 assessed
• 2017$10,793 tax · $2,500 assessed

Home value

$878,600

• Cotality$878,600
• Collateral Analytics$911,000
• Quantarium$798,857

Where it is