Breed's Pond is part of the Saugus River watershed and drains into the Atlantic Ocean. The pond has a surface area of about 10 acres and a maximum depth of 15 feet. The pond was named after Thomas Breed, one of the early settlers of Lynn who owned land near the pond in the 17th century. The pond was the site of several battles during the American Revolution and the Civil War. Today, the pond is managed by the Lynn Water and Sewer Commission and is protected by environmental regulations.

Parkland Avenue passes Breeds Pond on the south. The Frey Playground athletic fields are on the lakeshore at the end of Parkland Avenue.

The Lynn Woods Reservation was founded in 1881, the second largest municipal park in the United States, is a 2,200-acre municipal forest park located in Lynn, Massachusetts. The Woods offers over 30 miles of scenic trails for hiking, running, horseback riding, mountain biking (not allowed during the winter), cross-country skiing, and nature walks. Three active reservoirs provide pretty pond-like scenery among natural forestland, as well as clean water for the City of Lynn. Dungeon Rock is a well-loved underground tunnel with a history of pirate lore and treasure seekers. The Rose Garden, Houghton Horticultural Garden, and Amphitheater areas provide more formal settings to explore.