Contingent

5 Elizabeth Way, Lynnfield, MA

Lynnfield · MA 01940

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

Overview

Property type: Multi-Family
Year built: Built in 1997
Units: 2 Units
Lot size: 0.71 Acre Lot
Price per square foot: $398 / Sq.Ft
Parking: 4 Garage Spaces · 8 Off Street Spaces

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

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:
33 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
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6114
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
30,871 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
4 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Ricardo Rodriguez & Associates
Listing office
Coldwell Banker Realty - Boston
MLS PIN #
73585950
Disclosure
Seller currently pays $100 bond for the inlaw. Current septic is for a 5 bedroom. Some photos are virtually staged. Property is deeded as a single family, listed as a single family MLS # 73582216
Disclosure
Sq Ft from building plans