FeaturesWalk-In Closet(s), Flooring - Hardwood, Recessed Lighting
LevelSecond
5 Elizabeth Way, Lynnfield MA 01940
Lynnfield, MA 01940
$2,749,000
Est. $16,328/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 24, 2026
$2,749,000
Original listing
Agent: Ricardo Rodriguez & Associates Group
Office: Coldwell Banker Realty - Boston
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/24/2026 | 🏠 Listed for Sale | $2,749,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $26,733 | $2,332,700 |
Financial Details
Annual Property Tax
$26,733
Tax Year 2026
Assessed Value
$2,332,700
Facts & Features
4 Car Garage
Central AC
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1997
Living Area
6,899 sq ft
Lot Size
0.71 acres
Bedrooms
5
Full Baths
5
Half Baths
2
Total Rooms
13
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Tile, Carpet, Marble, Hardwood, Flooring - Hardwood, Flooring - Wall To Wall Carpet
Appliances
Water Heater, Tankless Water Heater, Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Fireplace
None
Fireplaces
3
Basement
None
Laundry
Second Floor
Features
Kitchen Island, Open Floorplan, Recessed Lighting, Bathroom - Full, Bathroom - Half, Kitchen, Living/dining Rm Combo, Bathroom, Office, Central Vacuum, Wired For Sound
Exterior
Construction
None
Architecture
Cape
Roof
Shingle
Features
Porch, Patio, Professional Landscaping, Sprinkler System, Decorative Lighting, Gazebo
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Patio
Parking
Garage Spaces
4
Has Garage
Yes
Features
Attached, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
Total Spaces
12
Utilities
Electric
None
Water
Public
Sewer
Private Sewer
Gas
None
Other
None
Financial
Annual Tax
$26,733
Assessed Value
$2,332,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Seller Currently Pays $100 Bond For The Inlaw. Can Not Be Rented. Current Septic Is For A 5 Bedroom. Some Photos Are Virtually Staged
Exclusions
Washer In Main House
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Brick
Sq Ft Source
Measured
Sq Ft Disclosures
Sq Ft from building plans
Documents
None
County
Essex
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1997
Bedrooms
5
Full Bathrooms
5
Half Bathrooms
2
Living Area
6,899 sq ft
Total Rooms
13
Main Level Bedrooms
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
6,114 sq ft above grade
785 sq ft below grade
FeaturesWalk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Recessed Lighting, Crown Molding
LevelSecond
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
LevelSecond
FeaturesBathroom - Full
LevelSecond
FeaturesFlooring - Hardwood, Recessed Lighting
LevelFirst
FeaturesFlooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding
LevelMain,First
FeaturesBathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Pocket Door
LevelMain,First
FeaturesBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Window(s) - Stained Glass, Steam / Sauna
LevelFirst
FeaturesBathroom - Full
LevelFirst
FeaturesFlooring - Stone/Ceramic Tile, Open Floorplan, Lighting - Sconce, Lighting - Pendant, Crown Molding, Decorative Molding, Tray Ceiling(s)
LevelMain,First
FeaturesFlooring - Hardwood, Flooring - Wall to Wall Carpet
LevelFirst
FeaturesCathedral Ceiling(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting
LevelFirst
FeaturesBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Gas Stove, Lighting - Pendant, Closet - Double, Tray Ceiling(s)
LevelMain,First
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPorch, Patio
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Carpet, Marble, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Appliances:
Water Heater, Tankless Water Heater, Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Interior Features:
Kitchen Island, Open Floorplan, Recessed Lighting, Bathroom - Full, Bathroom - Half, Kitchen, Living/Dining Rm Combo, Bathroom, Office, Central Vacuum, Wired for Sound
Windows:
Basement:
Laundry:
Second Floor
Security:
Construction & Materials
Style:
Cape
Year Built:
1997
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Patio, Professional Landscaping, Sprinkler System, Decorative Lighting, Gazebo
Patio & Porch:
Porch, Patio
Fencing:
Other Structures:
Gazebo
Lot Features:
Corner Lot, Level
Road Surface:
Parking & Garage
Garage Spaces:
4
Garage Type:
Attached
Total Parking Spaces:
12
Parking Features:
Attached, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
Special Features
Fireplaces:
3
Fireplace Type:
Community Amenities:
Nearby Schools
School District
Lynnfield School District local
A
School Safety
2024-25
0.3%
Low
0.2%
Suspensions
0.1%
Emergency
5.2% below state avg
Elementary Schools
3 schools
Lynnfield Preschool
0.2 mi
33 students
Moderate
Grades PK
A
Summer Street School
0.2 mi
|
#126 of 825
|
Score: 57.9
Improved 29 spots from last year
-0.4 below state avg
427 students
Less Diverse
Rising School
Strong Attendance
Grades K-04
A
Huckleberry Hill School
1.2 mi
|
#152 of 825
|
Score: 56.9
Dropped 125 spots from last year
-1.3 below state avg
407 students
Moderate
Strong Attendance
Grades K-04
Middle Schools
3 schools
A
Lynnfield Middle School
0.4 mi
|
#59 of 352
|
Score: 55.5
Improved 33 spots from last year
-2.7 below state avg
710 students
Moderate
Rising School
Strong Attendance
Grades 05-08
A-
Galvin Middle School
2.7 mi
|
#80 of 352
|
Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 students
Moderate
Strong Attendance
Grades 05-08
A
Arthur W Coolidge Middle School
3.4 mi
|
#43 of 352
|
Score: 58.3
Improved 32 spots from last year
+0.1 above state avg
417 students
Moderate
Rising School
Strong Attendance
Grades 06-08
High Schools
3 schools
A
Lynnfield High School
0.7 mi
|
#56 of 346
|
Score: 66.4
Dropped 35 spots from last year
+8.2 above state avg
582 students
Moderate
18 sports
• 1,490 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Nazareth Academy
1.8 mi
Grades 09-12
EMARC - Life Choices & Employment Services
2.4 mi
Grades 09-12
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Location
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Neighborhood
5 Elizabeth Way, Lynnfield MA 01940
Lynnfield, MA 01940
Listing Information
Listing Agent
Ricardo Rodriguez & Associates Group
Listing Office
Coldwell Banker Realty - Boston
Office Phone
617-266-4430
Agent MLS ID
TM347344
Office MLS ID
AN6192
Listing Data Updated
Sep 24, 2026 11:59 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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