Under Agreement

5 Elizabeth Way, Lynnfield, MA

Lynnfield · MA 01940

$2,749,000
Price: 5
Beds: 6
Baths: 6899
Sq. ft.

Overview

Property type: Single Family

Year built: Built in 1997

Lot size: 0.71 Acre Lot

Price per square foot: $398 / Sq.Ft

Parking: 4 Garage Spaces

Heating & cooling: Heat, AC

About this home

A rare opportunity for true multigenerational living on one of Lynnfield’s most desirable streets. This expansive extended Cape offers two distinct yet connected living spaces, including a full legal in-law, creating exceptional flexibility and privacy for multiple generations under one roof. The main residence is filled with natural light from oversized windows and features an eat-in kitchen, formal dining room, spacious family room with floor-to-ceiling stone fireplace and dedicated office. The private first-floor primary suite is a retreat of its own, complete with a fireplace and sitting area, two oversized walk-in closets and a spacious en-suite bath with soaking tub, glass-enclosed steam shower, dual sinks and an expansive vanity with dedicated makeup area. Additional en-suite bedroom with walk-in closet outside primary great for young kids/nursery. Upstairs, an additional en-suite bedroom with walk-in closet is joined by a large loft perfect for a playroom, media room or additional lounge. An additional bedroom and bonus room are connected by a Jack-and-Jill bath. Two unfinished attic spaces and a large unfinished basement provide exceptional storage and future potential. The legal in-law offers its own open-concept kitchen, dining and living areas, plus another impressive primary suite with private bath, large walk-in closet and dedicated office. Surrounded by mature landscaping, 5 Elizabeth Way offers a unique combination of space, privacy and versatility allowing generations to live together while maintaining independent living spaces in a sought-after Lynnfield setting. Ideally situated in a sought-after Lynnfield neighborhood, the home offers convenient access to local schools, MarketStreet Lynnfield’s shopping, dining, Whole Foods Market, fitness and entertainment, as well as nearby recreation and outdoor spaces. Easy access to I-95/Route 128 and Route 1 provides connectivity to Boston and destinations throughout the North Shore. A truly unique opportunity to combine multigenerational living, everyday convenience and an exceptional amount of flexible space in one remarkable property.

Neighborhood & Transit

5 Elizabeth Way, Lynnfield · MA 01940

View location on map

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:: 41 days
Listing Price:: $2,749,000
Price per Sq.Ft:: $398
Tax Assessment:: $2,332,700 in 2026
Taxes:: $2,228 / Monthly

Home Facts

Interior Features

Bedrooms: 5
Full Bathrooms: 5
Half Bathrooms: 2
Living Area: 6,899 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area: Sq Ft from building plans
Kitchen: Main Floor, Open Floor Plan, Upgraded Cabinets, Gas Stove, Stainless Steel Appliances, Eat-in Kitchen, Kitchen Island, Stone Countertops, Pantry, Flooring - Hardwood, Countertops - Upgraded, Main Level, Recessed Lighting, Crown Molding, Dishwasher, Cooktop, Wall Oven, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom: Main Floor, Double Closet, Full Bathroom, Custom Built Closet/Cabinets, Walk-in Closet, Ceiling Fan(s), Flooring - Hardwood, Main Level, Recessed Lighting, Gas Stove, Lighting - Pendant, Tray Ceiling, En-suite bathroom
Laundry: Unknown
Living levels: Unknown
Rooms: 13
Above grade area: 6114
Flooring: Tile, Wall to Wall Carpet, Marble, Hardwood
Lead paint: Unknown

Utilities

Heating Type: Forced Air, Unit Control
Heating Zone: Unknown
Cooling: Central Air
Cooling Zones: Unknown
Water: City/Town Water
Sewer: Private Sewerage
Electric Features: Unknown

Exterior Features

Lot Size: 30,871 Sq.Ft
Lot Description: Corner Lot, Paved Drive, Level
Exterior Features: Gazebo, Porch, Patio, Professional Landscaping, Sprinkler System, Decorative Lighting

Parking

Garage Parking: 4 Parking Spaces, Attached, Side Entry
Off Street Parking: None, Off-Street, Improved Driveway, Paved Driveway

Construction Details

Construction Type: Unknown
Siding: Brick
Roof: Asphalt/Fiberglass Shingles

Green Features

Electric Vehicle Charger: Unknown
Solar Panels: Unknown
Green Certified: Unknown
Insulation Features: Unknown
Energy Features: Unknown

Room details

Living room level: First Floor
Living room features: Ceiling - Cathedral, Flooring - Hardwood, Open Floor Plan, Recessed Lighting
Dining room level: First Floor
Dining room features: Flooring - Stone/Ceramic Tile, Main Level, Open Floor Plan, Lighting - Sconce, Lighting - Pendant, Crown Molding, Decorative Molding, Tray Ceiling
Family room level: First Floor
Family room features: Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2 level: First Floor
Bedroom 2 features: Bathroom - Full, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Recessed Lighting, Pocket Door
Bedroom 3 level: Second Floor
Bedroom 3 features: Closet - Walk-in, Flooring - Hardwood, Recessed Lighting
Bedroom 4 level: Second Floor
Bedroom 4 features: Closet - Walk-in, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Recessed Lighting, Crown Molding
Bedroom 5 level: Second Floor
Bedroom 5 features: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Recessed Lighting
Bathroom 1 level: First Floor
Bathroom 1 features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Window(s) - Stained Glass, Steam / Sauna
Bathroom 2 level: First Floor
Bathroom 2 features: Bathroom - Full
Bathroom 3 level: Second Floor
Bathroom 3 features: Bathroom - Full

Listing information

Listing agent: Ricardo Rodriguez & Associates
Listing office: Coldwell Banker Realty - Boston
MLS PIN #: 73582216
Disclosure: Seller currently pays $100 bond for the inlaw. Can not be rented. Current septic is for a 5 bedroom. Some photos are virtually staged
Disclosure: Sq Ft from building plans

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